Common use of Method of Proration Clause in Contracts

Method of Proration. All prorations shall be made in accordance with customary practice in Xxxxxxx County, Oregon, except as expressly provided herein. The Buyer and the Seller agree to cause their accountants to prepare a schedule of tentative prorations before the Closing Date. Such prorations, if and to the extent known and agreed on as of the Closing Date, shall be paid by the Buyer to the Seller (if the prorations result in a net credit to the Seller) or by the Seller to the Buyer (if the prorations result in a net credit to the Buyer) by increasing or reducing the cash to be paid by the Buyer at closing. Any such prorations not determined or not agreed on as of the Closing Date shall be paid by the Buyer to the Seller, or by the Seller to the Buyer, as the case may be, in cash as soon as practicable following the Closing Date.

Method of Proration. All prorations shall be made in accordance with customary practice in Xxxxxxx County, Oregon, except as expressly provided herein. The Buyer Purchaser and the Seller agree to cause their accountants to prepare a schedule of tentative prorations before the Closing Date. Such prorationsproration’s, if and to the extent known and agreed on as of the Closing Date, shall be paid by the Buyer Purchaser to the Seller (if the prorations proration’s result in a net credit to the Seller) or by the Seller to the Buyer Purchaser (if the prorations proration’s result in a net credit to the BuyerPurchaser) by increasing or reducing the cash to be paid by the Buyer Purchaser at closing. Any such prorations proration’s not determined or not agreed on as of the Closing Date shall be paid by the Buyer Purchaser to the Seller, or by the Seller to the BuyerPurchaser, as the case may be, in cash as soon as practicable following the Closing Date.. Seller: