Audits and Refunds Sample Clauses

Audits and Refunds. (a) City/Town may conduct an audit of a taxpayer engaged in business only in City/Town. Before commencing such audit, City/Town shall notify the Department to ensure the taxpayer is not already scheduled for an audit. The Department will provide City/Town with a written response within fifteen calendar days of the notice from City/Town.
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Audits and Refunds. With respect to all consolidated Federal Tax Returns and Combined State Tax Returns of The Limited Consolidated Group and separate returns of Too, Inc. for all Tax Periods that end on or prior to or that include the Distribution Date, The Limited shall have the right to (A) contest, compromise or settle any adjustment or deficiency proposed, asserted or assessed as a result of any audit of any return filed by The Limited, (B) file, prosecute, compromise or settle any claim for refund, and (C) determine whether any refunds to which The Limited Consolidated Group may be entitled shall be received by way of refund or credit against the tax liability of The Limited Consolidated Group; provided that, with respect to separate returns of Too, Inc. for periods which include a Post-Distribution Tax Period, The Limited may not take the actions described above in (A), (B), or (C) of this subparagraph (c)(ii) without the consent of Too, Inc.
Audits and Refunds. With respect to all Returns of PBI Consolidated Group and all Separate Income Tax Returns of any member of that group for all Pre-Distribution Tax Periods, except as otherwise provided in Section 8, PBI shall have the right to (A) contest, compromise or settle any adjustment or deficiency proposed, asserted or assessed as a result of any audit of any such return, (B) file, prosecute, compromise or settle any claim for refund, and (C) determine whether any refunds to which any member of PBI Group may be entitled shall be received by way of refund or credit against tax liability.
Audits and Refunds. (a) City/Town may request the Department conduct an audit or review of any taxpayer engaged in business in City/Town, including a taxpayer whose business activity is subject to tax by the City/Town but is not subject to tax by the State. The Department and the cities and towns shall collaboratively establish and maintain minimum justification standards and procedures City/Town shall adhere to when submitting an audit request.
Audits and Refunds. With respect to all consolidated Federal Tax Returns and Combined State Tax Returns of the ADL Consolidated Group for all Tax Periods that end on or prior to the Deconsolidation Date, ADL shall have the right to (A) contest, compromise or settle any adjustment or deficiency proposed, asserted or assessed as a result of any audit of any return filed by ADL, (B) file, prosecute, compromise or settle any claim for refund, and (C) determine whether any refunds to which the ADL Consolidated Group may be entitled shall be received by way of refund or credit against the tax liability of the ADL Consolidated Group.
Audits and Refunds. With respect to all consolidated Federal Tax Returns and Combined State Tax Returns of ITC Holding Consolidated Group and separate returns of The KNOLOGY GROUP that include Pre-Distribution Tax Periods, ITC Holding shall have the right to (A) contest, compromise or settle any adjustment or deficiency proposed, asserted or assessed as a result of any audit of any return filed by ITC Holding, (B) file, prosecute, compromise or settle any claim for refund, and (C) determine whether any refunds to which ITC Holding Consolidated Group may be entitled shall be received by way of refund or credit against the tax liability of ITC Holding Consolidated Group.

Related to Audits and Refunds

  • Payments and Records 1. The payment to the CONSULTANT will be made by the CLIENT upon billing at intervals not more often than monthly at the herein rates and terms.

  • Collection of Taxes, Assessments and Similar Items; Escrow Accounts (a) To the extent required by the related Mortgage Note and not violative of current law, the Master Servicer shall establish and maintain one or more accounts (each, an "Escrow Account") and deposit and retain therein all collections from the Mortgagors (or advances by the Master Servicer) for the payment of taxes, assessments, hazard insurance premiums or comparable items for the account of the Mortgagors. Nothing herein shall require the Master Servicer to compel a Mortgagor to establish an Escrow Account in violation of applicable law.

  • Expense Payments and Reimbursements The Bank will reimburse Executive for all reasonable out-of-pocket business expenses incurred in connection with his services under this Agreement upon substantiation of such expenses in accordance with applicable policies of the Bank.

  • In-Kind Benefits and Reimbursements Notwithstanding anything to the contrary in this Agreement, all (A) reimbursements and (B) in-kind benefits provided under this Agreement shall be made or provided in accordance with the requirements of Section 409A of the Code, including, where applicable, the requirement that (w) any reimbursement is for expenses incurred during the Executive’s lifetime (or during a shorter period of time specified in this Agreement); (x) the amount of expenses eligible for reimbursement, or in kind benefits provided, during a calendar year may not affect the expenses eligible for reimbursement, or in kind benefits to be provided, in any other calendar year; (y) the reimbursement of an eligible expense will be made no later than the last day of the calendar year following the year in which the expense is incurred; and (z) the right to reimbursement or in kind benefits is not subject to liquidation or exchange for another benefit.

  • Benefits and Expenses The Company shall reimburse Director for reasonable out-of-pocket expenses incurred in connection with discharging his duties as a Board member. Any additional expenses shall be pre-approved by the President or CFO of the Company and will be reimbursed subject to receiving reasonable substantiating documentation relating to such expenses.

  • Corporate Examinations and Investigations Prior to the Closing Date, the parties acknowledge that they have been entitled, through their employees and representatives, to make such investigation of the assets, properties, business and operations, books, records and financial condition of the other as they each may reasonably require. No investigations, by a party hereto shall, however, diminish or waive any of the representations, warranties, covenants or agreements of the party under this Agreement.

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