Common use of Prorated Items Clause in Contracts

Prorated Items. The following items shall be prorated as of Closing: (i) Personal Property Lease payments; (ii) property Taxes, rent, utility charges, and other similar administrative obligations and prepaid benefits; (iii) insurance premiums for insurance purchased by Seller and retained by Buyer, if any; and (iv) interest and reserves on Encumbrances and obligations, if any, expressly assumed in writing by Buyer.

Prorated Items. The following items shall be prorated as of Closing: (i) Personal Property Lease personal property lease payments; (ii) property Taxes, rent, utility charges, and other similar administrative obligations and prepaid benefits; (iii) insurance premiums for insurance purchased by Seller and retained by Buyer, if any; and (iv) interest and reserves on Encumbrances and obligations, if any, expressly assumed in writing by Buyer.

Prorated Items. The As of Closing, the following items shall be prorated as of Closingbetween Buyer and Seller: (i) Personal Property Lease paymentstaxes and water assessments using the last assessments available prior to Closing; (ii) property Taxes, rent, utility charges, and other similar administrative obligations and prepaid benefits; (iii) insurance premiums for insurance purchased by Seller and retained by Buyer, if any; and (iviii) interest and reserves on Encumbrances liens, encumbrances, and obligations, if any, expressly assumed in writing by Buyer; and (iv) utilities.