Common use of Certain Tax Covenants Clause in Contracts

Certain Tax Covenants. The parties hereto each agree (i) to retain all books and records with respect to Tax matters pertinent to the Companies relating to any Pre-Closing Tax Period that it has in its possession as of the Closing, and to abide by all record retention agreements entered into with any Taxing Authority, and (ii) to give the other party reasonable written notice prior to destroying or discarding any such books and records and, if the Buyer so requests, the Seller and Xx. Xxxxxx shall allow the Buyer to take possession of such books and records.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Florida East Coast Industries Inc), Purchase and Sale of Membership Interests (Florida East Coast Industries, Inc.), Purchase and Sale Agreement (Florida East Coast Industries Inc)

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Certain Tax Covenants. The parties hereto each agree (i) to retain all books and records with respect to Tax matters pertinent to the Companies Company relating to any Pre-Closing Tax Period that it has in its possession as of the Closing, and to abide by all record retention agreements entered into with any Taxing Authority, and (ii) to give the other party reasonable written notice prior to destroying or discarding any such books and records and, if the Buyer so requests, the Seller and Xx. Xxxxxx shall allow the Buyer to take possession of such books and records.

Appears in 2 contracts

Samples: Purchase and Sale of Membership Interest (Florida East Coast Industries, Inc.), Purchase and Sale of Membership Interest (Florida East Coast Industries, Inc.)

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Certain Tax Covenants. The parties hereto each agree (i) to retain all books and records with respect to Tax matters pertinent to the Companies Partnership relating to any Pre-Closing Tax Period that it has in its possession as of the Closing, and to abide by all record retention agreements entered into with any Taxing Authority, and (ii) to give the other party reasonable written notice prior to destroying or discarding any such books and records and, if the Buyer Flagler so requests, the Seller and Xx. Xxxxxx Codina Parties shall allow the Buyer Flagler to take possession of such books and records.

Appears in 1 contract

Samples: Admission and Contribution Agreement (Florida East Coast Industries Inc)

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