Common use of CONDUCT OF TAX CLAIMS Clause in Contracts

CONDUCT OF TAX CLAIMS. 7.1 Subject to paragraph 7.2, if the Buyer, or a Group Company becomes aware of a matter which could give rise to a liability of the Sellers under this Schedule (a “Tax Claim”), the Buyer shall give or procure that notice in writing is given to the Principal Seller as soon as reasonably practicable, provided that the giving of such notice shall not be a condition precedent to the Sellers’ liability under this Schedule.

Appears in 1 contract

Samples: Sale and Purchase Agreement (GTT Communications, Inc.)

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CONDUCT OF TAX CLAIMS. 7.1 Subject to paragraph 7.2, if the Buyer, or a Group Company becomes aware of a matter which could give rise to a liability of the Sellers under this Schedule or in respect of a claim for breach of any Tax Warranty (a “Tax Claim”), the Buyer shall give or procure that notice in writing is given to the Principal Seller as soon as reasonably practicable, provided that the giving of such notice shall not be a condition precedent to the Sellers’ liability under this Schedule.

Appears in 1 contract

Samples: Sale and Purchase Agreement (GTT Communications, Inc.)

CONDUCT OF TAX CLAIMS. 7.1 Subject to paragraph clause 7.2, if the Buyer, or a Group Company becomes aware of a matter which could give rise to a liability of the Sellers under this Schedule (a “Tax Claim”), the Buyer shall give or procure that notice in writing is given to the Principal Seller as soon as reasonably practicable, provided that the giving of such notice shall not be a condition precedent to the Sellers’ liability under this Schedule.

Appears in 1 contract

Samples: Sale and Purchase Agreement (GTT Communications, Inc.)

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CONDUCT OF TAX CLAIMS. 7.1 Subject to paragraph 7.2, if the Buyer, Buyer or a Group the Company becomes aware of a matter which could give rise to a liability of the Sellers under this Schedule (a “Tax Claim”), the Buyer shall give or procure that notice in writing is given to the Principal Seller or to the Seller’s duly authorised agent as soon as reasonably practicable, provided that the giving of such notice shall not be a condition precedent to the Sellers’ Seller’s liability under this ScheduleTax Covenant.

Appears in 1 contract

Samples: Agreement (NorthStar Realty Europe Corp.)

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