Utility Expenses. All utility charges for electricity, gas, sewer and water, not directly metered to a tenant shall be pro-rated as of the Closing on an accrual basis. Seller shall pay all such expenses which accrue up to and including the day prior to the Closing and Purchaser shall pay all such expenses on the day of Closing and thereafter. To the extent possible, Seller and Purchaser shall obtain ▇▇▇▇▇▇▇▇ and meter readings for the Closing to aid in such pro-rations.
Appears in 3 contracts
Sources: Agreement of Purchase and Sale (Pricesmart Inc), Purchase and Sale Agreement (Price Enterprises Inc), Purchase and Sale Agreement (Price Enterprises Inc)