Common use of Certain Tax and Other Matters Clause in Contracts

Certain Tax and Other Matters. (a) If, in connection with the audit of any Return, a proposed adjustment is asserted in writing with respect to any Taxes of the Company for which the Sellers are required to indemnify Purchaser pursuant to Section 7.2(b)(ii), Purchaser will notify the Sellers of such proposed adjustment within ten (10) days after the receipt thereof. Upon notice to Purchaser within ten (10) days after receipt of the notice of such proposed adjustment from Purchaser, the Sellers may assume (at the Sellers’ own cost and expense) control of and contest such proposed adjustment.

Appears in 1 contract

Samples: Stock Purchase Agreement (First Cash Financial Services Inc)

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Certain Tax and Other Matters. (a) If, in connection with the audit of any Return, a proposed adjustment is asserted in writing with respect to any Taxes of the Company for which the Sellers are required to indemnify Purchaser pursuant to Section 7.2(b)(ii)Purchaser, Purchaser will shall notify the Sellers of such proposed adjustment within ten (10) 20 days after the receipt thereof. Upon notice to Purchaser or the Company within ten (10) 20 days after receipt of the notice of such proposed adjustment from PurchaserPurchaser or the Company, the Sellers may assume (at the Sellers' own cost and expense) control of and contest such proposed adjustment.

Appears in 1 contract

Samples: Stock Purchase Agreement (U S Pawn Inc)

Certain Tax and Other Matters. (a) If, in connection with the audit of any Return, a proposed adjustment is asserted in writing with respect to any Taxes of the Company for which the Sellers and Shareholders are required to indemnify Purchaser pursuant to Section 7.2(b)(ii)a Buyer Indemnitee, Purchaser will Buyer shall notify the Sellers and Shareholders of such proposed adjustment within ten twenty (1020) days after the receipt thereof. Upon notice to Purchaser Buyer within ten twenty (1020) days after receipt of the notice of such proposed adjustment from PurchaserBuyer, the Sellers and Shareholders may assume (at the Sellers’ their own cost and expense) control of and contest such proposed adjustment.

Appears in 1 contract

Samples: Asset Purchase Agreement (Rock of Ages Corp)

Certain Tax and Other Matters. (a) If, in connection with the audit of any Return, a proposed adjustment is asserted in writing with respect to any Taxes of the Company Target for which the Sellers are Shareholder is required to indemnify Purchaser a Acquiror Indemnitee pursuant to Section 7.2(b)(ii)9.2(a) hereof, Purchaser will Acquiror shall notify the Sellers Shareholder of such proposed adjustment within ten twenty (1020) days after the receipt thereof. Upon notice to Purchaser Acquiror within ten twenty (1020) days after receipt of the notice of such proposed adjustment from PurchaserAcquiror, the Sellers Shareholder may assume (at the Sellers’ Shareholder's own cost and expense) control of and contest such proposed adjustment.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Rock of Ages Corp)

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Certain Tax and Other Matters. (a) a. If, in connection with the audit of any Return, a proposed adjustment is asserted in writing with respect to any Taxes of the Company for which the Sellers are required to indemnify Purchaser pursuant to Section 7.2(b)(ii)6.2(a) hereof, Purchaser will shall notify the Sellers of such proposed adjustment within ten twenty (1020) days after the receipt thereof. Upon notice to Purchaser or Company within ten twenty (1020) days after receipt of the notice of such proposed adjustment from PurchaserPurchaser or Company, the Sellers may assume (at the Sellers' own cost and expense) control of and contest such proposed adjustment.

Appears in 1 contract

Samples: Stock Purchase Agreement (U S Pawn Inc)

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