Apportionment Date definition
Examples of Apportionment Date in a sentence
Purchaser shall be responsible for causing such utilities and services to be changed to its name and shall be liable for and shall pay all utility bills for services rendered after the Apportionment Date.
Guestroom rental charges of those guests who check-in on the Apportionment Date shall be deemed incurred at check-in.
If there are meters measuring the consumption of water, gas or electric current, Seller, not more than one day prior to the Apportionment Date, if possible, shall cause such meters to be read, and shall pay all utility bills for which Seller is liable upon receipt of statements therefor.
At least five business days prior to the estimated Closing Date, Seller shall furnish to Buyer a proposed schedule setting forth all short-term assets as of the Apportionment Date that are to be transferred to Buyer pursuant to this Agreement and all short-term liabilities as of the Apportionment Date that are to be assumed by Buyer pursuant to this Agreement.
Revenues from any meeting room occupied, but vacated prior to midnight of the Apportionment Date shall belong to Seller.