Examples of Fresh produce in a sentence
BHC shall be solely liable for and shall pay all federal income Taxes of the Fresh Produce Companies (and any costs or expenses connected therewith) due for all taxable years and periods ending on or before the Second Closing Date (the "Pre-Closing Tax Period") and all other Taxes for periods ending on December 31, 2000.
In the event, and to the extent, that any such proceeds exceed $48 million in the aggregate, then notwithstanding anything to the contrary herein, BHC shall be permitted to transfer such excess proceeds out of the Fresh Produce Companies or otherwise retain such excess proceeds.
The taxable income or loss of the Fresh Produce Companies for the taxable year that includes the Second Closing Date will be apportioned up to and including the Second Closing Date by closing the books of the Fresh Produce Companies as of the Second Closing Date pursuant to Treasury Regulation Section 1.1502-76(b).
No actions or proceedings to dissolve any Fresh Produce Company are pending.
BHC will prepare and file or cause to be prepared and filed all federal income Tax Returns for the Fresh Produce Companies that are required to be filed with the appropriate Governmental Entities for any Pre-Closing Tax Period and all other Taxes for periods ending on December 31, 2000; provided, however, that BHC shall furnish copies of such returns to Savia for its review, at least 10 days prior to filing.