Common use of Avalon Liability Clause in Contracts

Avalon Liability. Except as otherwise provided in this Agreement, Avalon or a member of the Avalon Group shall pay or cause to be paid, on a timely basis, all Taxes due with respect to the Tax Returns described in Section 2.2(c); provided, however, that AWS shall pay directly to, or at the direction of, Avalon (such direction may specify payment by direct wire transfer), at least two days prior to the date payment (including estimated payment) thereof is due, that portion of those Taxes due that are attributable to any member or members of the AWS Group, the respective assets or businesses of any member or members of the AWS Group or any AWS Tax Item.

Appears in 2 contracts

Samples: Tax Allocation Agreement (Avalon Holdings Corp), Merger Agreement (American Waste Services Inc)

AutoNDA by SimpleDocs

Avalon Liability. Except as otherwise provided in this Agreement, Avalon or a member of the Avalon Group shall pay or cause to be paid, on a timely basis, all Taxes due with respect to the Tax Returns described in Section 2.2(c); provided, however, that AWS shall pay directly to, or at the direction of, Avalon AWS (such direction may specify payment by direct wire transfer), at least two days prior to the date payment (including estimated payment) thereof is due, that portion of those all Taxes due with respect to the Tax Returns described in Sections 2.2(a) and 2.2(b) that are attributable to any member or members of the AWS Avalon Group, the respective assets or businesses of any member or members of the AWS Avalon Group or and any AWS Avalon Tax Item.

Appears in 2 contracts

Samples: Tax Allocation Agreement (Avalon Holdings Corp), Merger Agreement (American Waste Services Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!