Examples of Proration Date in a sentence
All Property operating expenses shall be paid by Seller through the Proration Date for that Property.
All security deposits and advance rent for periods after the Proration Date paid by Seller under the Leases shall be credited to Seller on the Proration Date.
All lease payments (including, without limitation, rentals, sales taxes, and real estate taxes, if appropriate) with respect to the Leases, and all expenses pertaining to the Leased Property shall be prorated as of the Proration Date for such Leased Property.
Seller shall pay all utility charges and other operating expenses attributable to the Property (the "Operating Expenses") to and including the Proration Date and Buyer shall pay all utility charges and other operating expenses attributable to the Property after the Proration Date.