Tax Payment Receipt Sample Clauses
The Tax Payment Receipt clause requires one party to provide evidence that all relevant taxes related to a transaction or agreement have been paid. Typically, this involves submitting official receipts or documentation from tax authorities confirming payment, and it may apply to sales, services, or property transfers. By mandating proof of tax compliance, the clause helps prevent future disputes or liabilities arising from unpaid taxes, ensuring transparency and protecting both parties from potential legal or financial consequences.
Tax Payment Receipt. Within thirty (30) days after the date of any payment of Taxes, Borrower shall furnish to Administrative Agent the original or a certified copy of a receipt evidencing such payment.