Grouped Into 3 Collections of Similar Clauses From Business Contracts
This page contains Prorations clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Prorations. The following are to be paid by Buyer or Seller or prorated and apportioned on the Closing: 14.1Utility Charges. Seller will cause all the utility and water meters to be read as of the Closing and will be responsible for the cost of all utilities and water used prior to that time. 14.2Other Apportionments. Liability for real property taxes and assessments and water district or water company assessments if any, shall be prorated at and as of the Close of Escrow using the latest tax bills. Rent or... income under all farm related, hunting and mineral leases, if any, shall be prorated as of the Close of Escrow. 14.3Survival. The provisions of this Section 14 shall survive the Closing; provided, however, that all claims for improper proration or adjustment under Section 13 must be made in writing to the other Party within six months after the Closing Date.View More
Prorations. The following are to be paid by Buyer or Seller or prorated and apportioned on the Closing: 14.1Utility 14.1 Utility Charges. Seller will cause all the utility and water meters to be read as of the Closing and will be responsible for the cost of all utilities and water used prior to that time. 14.2Other 14.2 Other Apportionments. Liability for real property taxes and assessments and and, irrigation standby charges, water district or water company assessments if any, shall be prorated at and as o...f the Close of Escrow using the latest tax bills. Rent or income under all farm related, hunting and mineral leases, leases being assigned to or assumed by the Buyer, if any, shall be prorated as of the Close of Escrow. 14.3Survival. Such prorations and apportionments shall be made in the manner customary in the County in which the Land is located for the sale of agricultural land. 14.3 Survival. The provisions of this Section 14 shall survive the Closing; provided, however, that all claims for improper proration or adjustment under Section 13 must be made in writing to the other Party within six months after the Closing Date. View More