Examples of Prorated Charges in a sentence
On a monthly basis, the Company shall calculate the applicable Prorated Charges and deliver a notice of payment due to the Buyer within fifteen (15) Business Days of the end of each month with respect to the applicable Closing, Subsequent Closings and/or Distribution Center Closing that occurred during such month.
This MPD is calculated by taking the tuition (Prorated Charges) at the TIME THE STATEMENT WAS GENERATED and dividing them by the number or remaining months in your agreement to reach a zero balance.
At the Closing, with respect to the Southern Site Leases (and, as applicable, with respect to the Owned Real Property), all rent (including without limitation percentage rent), common area charges, utility charges, real estate taxes, and other obligations shall be prorated as of the Closing Date (collectively the "Prorated Charges").
The net amount of all Prorated Charges owed to Buyer and Sellers under this shall be referred to as the “Buyer Proration Amount” if owed to Buyer or the “Seller Proration Amount” if owed to Sellers.
All current rent (including without limitation percentage rent), real estate taxes, common area charges, utility charges, and other obligations of Seller under the - 7 - Leases or income or obligations of Seller under the Subleases and Licenses, shall be prorated as of the Effective Time with respect to each Assumed Lease Store in accordance with the payment terms of the Lease applicable thereto (collectively the "Prorated Charges").
A student who voluntarily withdraws from the University or who is being required to withdraw from the University for scholastic, financial, or medical reasons will be responsible for the payment of room fees, which may be prorated according to the schedule in the Prorated Charges section above at the sole discretion of the University.
The Prorated Charges relating to the period prior to the Closing Date shall be allocated to and be the obligations (and benefits) of TransTex.
For any amounts of the Seller’s Prorated Charges paid by Purchaser, Purchaser shall offset such amount against the Earn-Out Payments then due and payable (if any) and only after such offset shall Purchaser seek reimbursement of any remainder from Seller.
The Seller’s Prorated Charges shall be reflected in the adjustments made pursuant to Section 2.8. On the Closing Date, determination of Seller’s Prorated Charges shall be based on actual, current payments by Seller wherever possible, and, to the extent such actual amounts are not available, such prorations shall be estimated as of the Closing Date based on actual amounts for the most recent comparable billing period.
Buyer shall be permitted to redact such Tax Returns as necessary such that the Tax Returns provided to Seller pursuant to Section 6.4(c) relate only to Taxes that may give rise to a payment by Seller pursuant to Section 2.7. Sellers shall pay to Buyer the amount of any Prorated Charges in respect of such Taxes apportioned to Sellers at least [***] days prior to the due date of such payment except to the extent such Prorated Charges have been taken into account in the calculation of the Purchase Price.