Common use of Prorated amounts Clause in Contracts

Prorated amounts. The items in Section 6.1 shall be prorated between Seller and Purchaser as of the Closing Date, the day of the Closing shall belong to Purchaser and all prorated amounts provided to be made as of the Closing shall each be made as of the end of the day before the Closing Date.

Appears in 2 contracts

Sources: Purchase and Sales Agreement (Notes Live, Inc.), Purchase and Sale Agreement (Fresh Vine Wine, Inc.)