Common use of True Up Upon Receipt of Tax Bill Clause in Contracts

True Up Upon Receipt of Tax Bill. After the tax bills for the tax period of Closing are received by either Bxxxx or Seller, Buyer and Seller shall adjust such proration, and any amount then owing shall be paid within 20 days of demand by the party entitled thereto.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Plumas Bancorp), Purchase and Sale Agreement (Plumas Bancorp)

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True Up Upon Receipt of Tax Bill. After the tax bills for the effective tax period of at Closing are received by either Bxxxx Buyer or Seller, Buyer and Seller shall adjust such proration, and any amount then owing shall be paid within 20 days of demand by the party entitled thereto.

Appears in 1 contract

Samples: Purchase and Sale Agreement (First Northwest Bancorp)

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True Up Upon Receipt of Tax Bill. After the tax bills for the tax period of Closing are received by either Bxxxx Xxxxx or Seller, Buyer and Seller shall adjust such proration, and any amount then owing shall be paid within 20 days of demand by the party entitled thereto.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Finward Bancorp)

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