Common use of Control of Tax Proceedings Clause in Contracts

Control of Tax Proceedings. Whenever any taxing authority asserts a claim, makes an assessment, or otherwise disputes the amount of Taxes for any period prior to the Closing Date Newpark shall promptly inform the Stockholders. The provisions of Section 13 shall apply to the defense of any such claim, assessment or dispute.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Newpark Resources Inc), Agreement and Plan of Reorganization (Newpark Resources Inc)

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Control of Tax Proceedings. Whenever any taxing authority asserts a claim, makes an assessment, or otherwise questions or disputes the amount of Taxes of the Company for any period prior to the Closing Date Date, Newpark shall promptly inform the StockholdersPartners in writing of such fact. The provisions of Section 13 shall apply to the defense of any such claim, assessment or dispute.

Appears in 1 contract

Samples: 14 Agreement and Plan of Reorganization (Newpark Resources Inc)

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Control of Tax Proceedings. Whenever any taxing authority asserts a claim, makes an assessment, or otherwise questions or disputes the amount of Taxes of the Company for any period prior to the Closing Date Date, Newpark shall promptly inform the StockholdersStockholders in writing of such fact. The provisions of Section 13 shall apply to the defense of any such claim, assessment or dispute.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Newpark Resources Inc)

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