Closing Month definition

Closing Month means the calendar month in which the Closing occurs.
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Closing Month shall have the meaning set forth in Section 8.4(b).
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Closing Month shall have the meaning set forth in Section 7.01 hereof.
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Examples of Closing Month in a sentence

  • SCOLP shall be paid or shall receive a credit for the pro rata share of the collected Rents received for the Closing Month.

  • SCOLP shall either pay the Contributor or provide the Contributor with a credit for (x) all unpaid Rents from tenants who are not delinquent more than thirty days as of the Closing Date (for those residents which remain in occupancy at the Project); and (y) the pro rata share of the total unpaid Rents for the Closing Month based upon the number of days in such month.

  • In addition, (i) all delinquent amounts relating to the month in which the Closing occurs ("CLOSING MONTH DELINQUENT AMOUNTS") shall be collected by Buyer and, upon receipt of such amounts by Buyer, shall be divided, pro-rata, amongst Seller and Buyer in accordance with the method set out in subsection 3(b)(ii) of this Agreement, and (ii) on the Closing Date, Seller and Buyer shall prepare a list of the Closing Month Delinquent Amounts.

  • If the Rents have not been paid for the current month as of the Closing Date (the "Closing Month Rents"), the prorated amount of the Closing Month Rents that would be due Seller had the Lessee paid such amount for such month shall be paid to Seller at Closing by Purchaser, and Purchaser shall be responsible for collecting the Closing Month Rents from the Lessee.

  • To the extent Contributor continues to receive rent under the Leases as payee following the tenants’ payments of the Closing Month Rent, Contributor agrees and covenants to forthwith tender such payments to Operating Partnership and to cooperate with Operating Partnership (at no cost to Contributor) to obtain the consent of the tenants under the Leases to designate Operating Partnership as the new payee under the Leases.

  • At the Closings, no Rent for the Closing Month shall be prorated unless such Rent has already been received.

  • To the extent Contributor receives rent under the Leases following the tenants’ payments of the Closing Month Rent, Contributor agrees and covenants to forthwith tender such payments to Operating Partnership and to cooperate with Operating Partnership (at no cost to Contributor) to obtain the consent of the tenants under the Leases to designate the Property LLCs as the payees under the Leases.

  • Rents for the Closing Month which are collected after the Closing Date by either Seller or Buyer shall be apportioned between the parties within three (3) business days after receipt.

  • Calculation of the estimated amount of the Closing Month Management Fees shall be based on the daily average of the previous month’s Management Fee, such daily average to be determined by reference to the number of days in such month’s accounting period.

  • All rent received by Purchaser or Seller after the date of Closing shall (regardless of how designated by the Tenant) be applied first, in payment of rent for the month in which the Closing occurs (the “Closing Month”) but only with respect to rents collected during the Closing Month, second, in payment of rent due and unpaid for the months following the Closing Month and third, to the payment of rents due and unpaid for the months prior to the Closing Month.


More Definitions of Closing Month

Closing Month means the calendar month in which the Closing occurs. “Closing Statement” has the meaning set forth in Section 2.3(a).
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Closing Month has the meaning set forth in Exhibit D.
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Closing Month means the month during which the Closing occurs.”
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Closing Month. As defined in Section 14 of this Agreement. CO: A final, unconditional Certificate of Occupancy (or its equivalent) permitting the initial occupancy of any Facility or Development Project for its Primary Intended Use after the completion of the construction thereof in accordance with the terms of this Agreement and the applicable Development Agreement and Project Plans related thereto.
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Closing Month has the meaning set forth in Section 16.1.
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Closing Month has the meaning set forth in Section 13.1.
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Related to Closing Month

  • Billing Month is defined in Section 9.1(b).

  • Operating Month for a Shipper or Transferor means any calendar month in which Carrier either transports Crude Petroleum or recognizes and records a change in ownership of Crude Petroleum for the account of such Party. For purposes hereof the calendar month shall be deemed to begin at 7:00 a.m. (Central Time) on the first day of such month.

  • Proration Month means the month for which capacity is to be allocated under Item 7.

  • Showing Month shall be each day of each calendar month of the Delivery Period that is the subject of the Compliance Showing, as set forth in the CPUC Decisions and outlined in the CAISO Tariff. For illustrative purposes only, pursuant to the CAISO Tariff and CPUC Decisions in effect as of the Execution Date, the monthly Compliance Showing made in June is for the Showing Month of August.

  • Closing Day means (a) the Restatement Date and (b) with respect to any Accepted Note, the Business Day specified for the closing of the purchase and sale of such Accepted Note in the Confirmation of Acceptance for such Accepted Note, provided that (i) if the Company and the Purchaser which is obligated to purchase such Accepted Note agree on an earlier Business Day for such closing, the “Closing Day” for such Accepted Note shall be such earlier Business Day, and (ii) if the closing of the purchase and sale of such Accepted Note is rescheduled pursuant to Section 3.2, the Closing Day for such Accepted Note, for all purposes of this Agreement except references to “original Closing Day” in Section 2.7(b), shall mean the Rescheduled Closing Day with respect to such Accepted Note.

  • Scheduled Closing Date Has the meaning specified in the Note Purchase Agreement.

  • Closing Average Share Value means the average, over the trading days in the Closing Average Period, of the closing price of the company’s stock multiplied by the Accumulated Shares for each trading day during the Closing Average Period.

  • Prior Month Receipt Period With respect to each Distribution Date, the calendar month preceding the month in which such Distribution Date occurs.

  • Put Closing Date shall have the meaning set forth in Section 2.3.8.

  • Target Closing Date means three (3) Business Days following receipt of the Approval and Vesting Order, or such other date as the Parties may agree.

  • Final Closing Date shall have the meaning specified in Section 7.2(a) hereof.

  • Final Shared-Loss Month means the calendar month in which the tenth anniversary of the Commencement Date occurs.

  • Applicable Closing Date Has the meaning specified in Section 5.01(b) of this Trust Supplement.

  • Anticipated Closing Date means April 30, 1997. ------------------------

  • Second Closing Date means the date of the Second Closing.

  • Mid-Month Receipt Period With respect to each Distribution Date, the one month period beginning on the Determination Date (or, in the case of the first Distribution Date, from and including the Cut-Off-Date) occurring in the calendar month preceding the month in which such Distribution Date occurs and ending on the day preceding the Determination Date immediately preceding such Distribution Date.

  • Delayed Closing Date means the date, set in accordance with section 3, on which the Vendor agrees to Close, in the event the Vendor cannot Close on the Firm Closing Date.

  • Closing Market Price means the price at which the company’s security was last sold, on the applicable date,

  • Closing Stock Price means the Stock Price as of the last day of any Performance Measurement Period.

  • Initial Closing Price means the RI Closing Value of a Reference Item on the Strike Date

  • Closing Level : means the official daily Closing Level of the Index as published by the Index Sponsor in relation to each Scheduled Trading Day during the Investment Term.

  • Earnout Period has the meaning set forth in Section 2.5(a)(iii).

  • Post-Closing Adjustment Amount has the meaning set forth in Section 2.2(a).

  • Average Closing Price means the average of the closing market prices of a Share over the last five (5) Market Days on which transactions in the Shares were recorded on the SGX-ST immediately preceding the date of the Market Purchase by the Company or, as the case may be, the date of the making of the offer pursuant to the Off-Market Purchase, and deemed to be adjusted for any corporate action that occurs after the relevant five-day period; and

  • Estimated Closing Cash has the meaning set forth in Section 2.4(a).

  • Third Closing Date has the meaning set forth in Section 2.2(c).