Common use of Carryovers, Refunds, and Related Matters Clause in Contracts

Carryovers, Refunds, and Related Matters. (i) Any refund of Taxes (including any interest thereon) that relates to the Company and that is attributable to a post-Closing period shall be the property of the Company, as applicable, and shall be retained by the Company (or promptly paid by Sellers to the Company if any such refund (or interest thereon) is received by any of the Sellers). Without limiting the generality of the preceding sentence, any such refund or other benefit realized by the Company in a post-Closing period that results from the carry forward of any Tax attribute from a pre-Closing period shall be the property of the Company and shall be retained by the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (China Tel Group Inc)

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Carryovers, Refunds, and Related Matters. (i) Any refund of Taxes (including any interest thereon) that relates to the Company and that is attributable to a postPost-Closing period Period shall be the property of the Company, as applicable, Company and shall be retained by the Company (or promptly paid by Sellers the Seller to the Company if any such refund (or interest thereon) is received by any of the SellersSeller). Without limiting the generality of the preceding sentence, any such refund or other benefit realized by the Company in a postPost-Closing period Period that results from the carry forward carryforward of any Tax attribute from a prePre-Closing period Period shall be the property of the Company and shall be retained by the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Perkinelmer Inc)

Carryovers, Refunds, and Related Matters. (ivii) Any refund of Taxes (including any interest thereon) that relates to the Company and that is attributable to a postPost-Closing period Period shall be the property of the Company, as applicable, and shall be retained by the Company (or promptly paid by Sellers Seller to the Company if any such refund (or interest thereon) is received by Seller or any of the Sellersits respective Subsidiaries or Affiliates). Without limiting the generality of the preceding sentencesentence but except as provided in Section 5.15(e)(ii), any such refund or other benefit realized by the Company in a postPost-Closing period Period that results from the carry forward carryforward of any Tax attribute from a prePre-Closing period Period shall be the property of the Company and shall be retained by the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Union Street Acquisition Corp.)

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Carryovers, Refunds, and Related Matters. (i) Any refund of Taxes (including any interest thereon) that relates to the Company and that is attributable to a postPost-Closing period Period shall be the property of the Company, as applicable, Company and shall be retained by the Company (or promptly paid by Sellers Seller to the Company if any such refund (or interest thereon) is received by any of the SellersSeller or Affiliates). Without limiting the generality of the preceding sentence, any such refund or other benefit realized by the Company in a postPost-Closing period Period that results from the carry forward of any Tax attribute from a prePre-Closing period Period shall be the property of the Company and shall be retained by the Company.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Andersons Inc)

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