Prorated Items definition

Prorated Items shall have the meaning set forth in Section 2.03(a)(viii).

Prorated Items has the meaning given in Section 3.5.

Prorated Items shall have the meaning set forth in Section 2.3(a)(viii).

Examples of Prorated Items in a sentence

• The intent of this provision shall be implemented by New Operator remitting to Transferor any invoices for Prorated Items that reflect a service date before the Closing Date and by New Operator assuming responsibility for the payment of any invoices for Prorated Items that reflect a service date after the Closing Date with any overage or shortage in payments by either party to be adjusted and paid as provided in Sections 1.8(b) and (c).

• If the final, actual amount for any Remaining Prorated Item is not available at the time of the preparation and delivery of the Proration Settlement Statement, Seller shall so advise Buyer, and Seller shall provide a separate Proration Settlement Statement for any such Remaining Prorated Items within a reasonable time after the final, actual amounts become available.

• The Prorated Items shall include a credit to Buyer in an amount equal to all prepaid rentals for periods after the applicable Closing Date and all security deposits (or remaining portions thereof) required to be returned under the applicable Property Lease, in each case, to the extent the foregoing were paid by Property Tenants and not otherwise paid or made available to Buyer.

• Purchaser shall have the opportunity to review any Prorated Items to be allocated to Purchaser pursuant to this Section 2.5 and to suggest to Seller any possible error or challenge to any such Prorated Items, provided that Seller shall have no obligation to challenge or question any Prorated Items but shall cooperate with Purchaser if Purchaser elects to so challenge or question any Prorated Items.

• All Prorated Items shall be prorated between the University and the Concessionaire as of 11:59 p.m. on the Day immediately preceding the Closing Date.

More Definitions of Prorated Items

Prorated Items has the meaning set forth in Section 2.7(a).

Prorated Items has the meaning specified in Section 6.2.

Prorated Items means all periodic charges, including, but not limited to, prepaid lease payments, property taxes and utility payments, applicable to periods both before and after the Closing with respect to the Business normally prorated in connection with similar transactions.

Prorated Items shall have the meaning set forth in Section 6.13.

Prorated Items has the meaning set forth in Section 2.7(a). “Purchase Price” has the meaning set forth in Section 2.5.

Prorated Items means all revenues, charges, costs and expenses with respect to Assumed Liabilities.

Prorated Items shall include rents, sewer, water, fuel, telephone, electricity and other utilities and other charges and costs typically prorated between a buyer and a seller.