Common use of Buyer’s Covenant Clause in Contracts

Buyer’s Covenant. 8.1 The Buyer covenants with the Sellers that it will pay to any relevant Seller an amount equal to any tax liability or any amount on account of tax which any Seller is required to pay as a result of a failure after Completion by the Buyer or the Company, or any person who is an Affiliate of the Buyer or the Company after Completion, to discharge that tax.

Appears in 2 contracts

Samples: Agreement, Agreement (Crawford & Co)

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Buyer’s Covenant. 8.1 4.1 The Buyer covenants with the Sellers that it will to pay to any relevant Seller the Sellers an amount equal equivalent to any tax liability or any amount on account of tax Tax which any Seller is the Sellers are required to pay as a result of a failure after Completion by the Buyer or the Company, Company or any person who is an Affiliate member of the Buyer or the Company after Completion, Buyer's Group to discharge that taxTax and for which it was primarily liable.

Appears in 1 contract

Samples: Rambus Inc

Buyer’s Covenant. 8.1 (a) The Buyer covenants with to pay to the Sellers that it will pay to any relevant Seller an amount equal to any tax liability or any amount on account to Tax of tax which any Seller is required to pay the Sellers incurred as a result of a the Buyer’s failure after Completion Closing to procure payment by a Group Entity of Tax which is the primary liability of a Group Entity (together with any reasonable third-party costs and expenses reasonably and properly incurred by the Buyer or the Company, or any person who is an Affiliate of the Buyer or the Company after Completion, to discharge that taxSellers in connection with such Tax).

Appears in 1 contract

Samples: Sale and Purchase Agreement (Sundial Growers Inc.)

Buyer’s Covenant. 8.1 The Buyer hereby covenants with the Sellers that it will to pay to any relevant the Seller an amount equal to any tax liability or any amount on account of tax to Tax which any the Seller is required to pay may incur as a result of a failure after Completion by the Buyer Company or the Company, or any person who is an Affiliate of the Buyer or the Company after Completion, to discharge any liability to Tax that taxwas primarily assessable on the Company.

Appears in 1 contract

Samples: Share Purchase Agreement

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Buyer’s Covenant. 8.1 (a) The Buyer covenants with the Sellers that it will to pay to any relevant the Seller an amount equal to any tax liability or any amount on account to Tax of tax which any the Seller is required to pay incurred as a result of a the Buyer’s failure after Completion Closing to procure payment by a Group Entity of Tax which is the primary liability of a Group Entity (together with any reasonable third-party costs and expenses reasonably and properly incurred by the Buyer or the Company, or any person who is an Affiliate of the Buyer or the Company after Completion, to discharge that taxSeller in connection with such Tax).

Appears in 1 contract

Samples: Sale and Purchase Agreement (Sundial Growers Inc.)

Buyer’s Covenant. 8.1 4.1 The Buyer covenants with the Sellers that it will each Seller to pay to any relevant that Seller an amount equal equivalent to any tax liability or Actual Tax Liability of that Seller at any amount on account of tax which any Seller is required to pay time after Completion where such Actual Tax Liability arises, as a result of a failure by any member of the Buyer’s Group after Completion by the Buyer or the Company, or any person who is an Affiliate of the Buyer or the Company after Completion, to discharge that taxan Actual Tax Liability and for which it is primarily liable.

Appears in 1 contract

Samples: Share Purchase Agreement (CVSL Inc.)

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