Amendment of Tax Returns Sample Clauses
The Amendment of Tax Returns clause establishes the parties' rights and obligations regarding the correction or modification of previously filed tax returns. Typically, this clause outlines the circumstances under which a party may amend a tax return, such as discovering errors or responding to new information, and may require notification or consent from the other party before making changes that could affect them. Its core practical function is to ensure transparency and cooperation between parties in tax matters, minimizing disputes and clarifying responsibilities if tax liabilities change due to amended filings.
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Amendment of Tax Returns. Except as required by applicable Law, none of the Seller Parties shall amend, refile, revoke or otherwise modify any Tax Return or Tax election of the Company with respect to a Pre-Closing Tax Period or consented to any extension or waiver of the statute of limitations for the assessment or collection of Taxes for any Pre-Closing Tax Period without the prior written consent of Purchaser not to be unreasonably withheld, conditioned, or delayed.
Amendment of Tax Returns. LTC shall have sole control over the preparation and filing of any and all amendments to Tax Returns described in Section 2(a).
Amendment of Tax Returns. Neither the Buyer nor any of its Affiliates shall amend, refile, revoke or otherwise modify any Tax Return or Tax election of any of Holdco or Enginetics with respect to a Pre-Closing Tax Period without the prior written consent of the Representative, which consent shall not be unreasonably withheld or delayed.
Amendment of Tax Returns. Neither Pubco nor any of its Affiliates shall amend, refile, revoke or otherwise modify any Tax Return or Tax election of any of the Target Companies with respect to a Pre-Closing Tax Period or the portion of any Straddle Period ending on or prior to the Closing Date without the prior written consent of the Seller Representative, which consent shall not be unreasonably withheld or delayed.
Amendment of Tax Returns. Except as set forth on Schedule 7.6(d) or as required under applicable law, from the date of this Agreement, Seller agrees not to amend any Tax Return attributable to a Pre-Closing Period (as defined in Section 7.8 of this Agreement) without the consent of the Purchaser, such consent not to be unreasonably withheld; provided however, that the Purchaser shall consent to the filing of any amended Tax Return if such filing would not have a significant adverse effect on the Taxes of the Company or its subsidiaries for any Post-Closing Period. From the Closing Date, Purchaser agrees not to amend any Tax Return attributable to a Pre-Closing Period (as defined in Section 7.8 of this Agreement) without the consent of the Seller, such consent not to be unreasonably withheld; provided however, that the Seller shall consent to the filing of any amended Tax Return if such filing would not have a significant adverse effect on the Taxes of the Company or its subsidiaries for any Pre-Closing Period.
Amendment of Tax Returns. Except as required by applicable Law, the Buyers shall not, and the Buyers shall cause its Affiliates (including the Acquired Companies) not to, amend, refile, revoke or otherwise modify any Tax Return or Tax election of any of the Acquired Companies with respect to a Pre-Closing Tax Period if such action would reasonably be expected to result in liability to Sellers without the prior written consent of the Sellers, which consent shall not be unreasonably withheld.
Amendment of Tax Returns. Except as contemplated by Section 6.19(b), Section 6.19(d), and Section 6.19(e), from and after the Closing, neither Parent nor any of its Affiliates shall amend, refile, revoke or otherwise modify any Pass-Through Tax Return unless required by applicable Tax Law to take such action.
Amendment of Tax Returns. Excel shall have sole control over the preparation and filing of any and all amendments to Tax Returns described in Section 2(a).
Amendment of Tax Returns. Except as required by applicable Law, neither Buyer nor any of its Affiliates shall amend, refile, revoke or otherwise modify any Tax Return or Tax election of the Company with respect to a taxable period (or portion thereof) ending on or before the Closing Date without the prior written consent of the Company Equityholder Representative, which consent shall not be unreasonably withheld, conditioned or delayed.
Amendment of Tax Returns. Without the prior written consent of the Sellers’ Representative, Buyer will not amend or permit the Company to amend any Tax return relating to a taxable period (or portion of such taxable period) ending on or prior to the Closing Date. Provided however, that the tax return of the Company for the year ended 2011 will have been amended prior to the Closing Date.