Prorated Charges definition

Prorated Charges shall have the meaning set forth in Section 2.11(a).
Prorated Charges means (a) the Monthly Prorated Charges, (b) the non-monthly real estate related payments prorated pursuant to Section 2.8(b) and (c) the real estate Taxes and assessments and other Taxes (other than Transfer Taxes), in each case, (i) imposed upon or
Prorated Charges has the meaning set forth in Section 5.14.

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.


More Definitions of Prorated Charges

Prorated Charges means (a) the Monthly Prorated Charges, (b) the non-monthly real estate related payments prorated pursuant to Section 2.8(b) and (c) the real estate Taxes and assessments and other Taxes (other than Transfer Taxes), in each case, (i) imposed upon or assessed directly against the Acquired Assets as of the Closing (including personal property Taxes and similar Taxes), in each case, for the Tax period in which the Closing occurs and (ii) prorated pursuant to Section 2.8(c).
Prorated Charges means the Property Taxes (A) imposed upon or assessed directly against the Purchased Assets for any Straddle Period and (B) prorated pursuant to Section 2.7(a)(b).
Prorated Charges has the meaning set forth in Section 2.10(a). “Proration Period” has the meaning set forth in Section 6.4(b). “Purchase Price” has the meaning set forth in Section 2.3(a). “Purchase Price Allocation” has the meaning set forth in Section 2.9.
Prorated Charges means (a) the Monthly Prorated Charges, (b) the non-monthly real estate related payments prorated pursuant to Section 2.7(b) and (c) the real estate Taxes and assessments and other Taxes (other than Transfer Taxes), in each case, (i) imposed upon or assessed directly against the Transferred Assets (including personal property Taxes and similar Taxes), in each case, for the Tax period in which the Applicable Closing occurs and (ii) prorated pursuant to Section 2.7(c).
Prorated Charges means (a) the Monthly Prorated Charges, (b) the non-monthly real estate related payments prorated pursuant to Section 2.8(b) and (c) the real estate Taxes and assessments and other Taxes (other than Transfer Taxes), in each case, (i) imposed upon or assessed directly against the Acquired Assets as of the Closing (including personal property Taxes and similar Taxes), in each case, for the Tax period in which the Closing occurs and (ii) prorated pursuant to Section 2.8(c). “Proration Period” has the meaning set forth in Section 2.8(c). “Purchase Price” has the meaning set forth in Section 2.3(a). “Purchase Price Allocation” has the meaning set forth in Section 2.7. “Related Agreements” means the Xxxx of Sale, the Assignment and Assumption Agreement, the IP Assignment and Assumption Agreement, and the Lease Assignment and Assumption Agreements. “Related Orders” has the meaning set forth in Section 5.4(c). “Related to the Business” means used or held for use exclusively in the operation of the Stores by a Seller or, in the case of a Liability, to the extent accrued, reserved or incurred in connection with the operation of the Stores by a Seller. “Representative” means, when used with respect to a Person, the Person’s controlled Affiliates (including Subsidiaries) and such Person’s and any of the foregoing Persons’ respective 13
Prorated Charges means (i) the Monthly Prorated Charges and (ii) the Property Taxes, in the case for clause (ii), (A) imposed upon or assessed directly against the Purchased Assets for any Straddle Period and (B) prorated pursuant to Section 2.7(a).

Related to Prorated Charges

  • Total Service Charges means all charges, after application of all discounts and credits, incurred by Customer for Services provided under this Agreement, excluding Taxes, Governmental Charges, equipment, Company ILEC, Company Wireless, Document Delivery Fax, non-recurring, goods and services acquired by Company as Customer’s agent, international access that is passed-through (Type 3/PTT) or provided by Company (Type 1), charges for security services provided by a Cybertrust Security Service Provider listed in the Guide, and other charges expressly excluded by this Agreement.

  • Unpaid Charges means any charges billed to the Non-Paying Party that the Non-Paying Party did not render full payment to the Billing Party by the Bill Due Date, including where funds were not accessible.

  • Monthly Charge shall have the meaning set forth in Article 5.

  • Service Charge means the amount charged for making a service available on line and is in addition to the actual fee for a service itself. For example, one who renews a license on line will pay the license renewal fee and a service charge.