Credit for Tax Savings Sample Clauses

Credit for Tax Savings. (a) If, at the Seller’s request and expense, the auditors or accountants of the Acquired Entities for the time being (the “Auditors”) determine that an Acquired Entity has obtained a “Tax Saving” (which for the purposes of this Section shall mean where the Sellers or Xxxxxxx have made a payment under Section 8.1(a) or for breach of any of the Tax Warranties in respect of a Liability which results in the reduction of any other liability to Tax of an Acquired Entity) the Buyer shall on demand repay to the Sellers or Xxxxxxx the lesser of:
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Credit for Tax Savings. 6.1 If, at the Warrantors' request and expense, the Auditors determine that the Company has obtained a Tax Saving the Buyer shall on demand repay to the Warrantors the lesser of:
Credit for Tax Savings. (a) If the Buyer becomes aware that a Saving has arisen or may arise it shall notify the Seller as soon as practicable. In that case, or where the Seller otherwise believe that a Saving may exist, Clause 9.10(b) shall apply.
Credit for Tax Savings. 9.1 If, at the Covenantors' request and expense the Auditors determine that the Company has obtained a "Tax Saving" (which for the purposes of this paragraph 9 shall mean where the Sellers have made a payment under this Schedule or the Tax Warranties in respect of a Tax Liability which has resulted in an actual reduction of any other liability to Tax of the Company) the Company shall as soon as reasonably practicable repay to the Covenantors the lesser of:-
Credit for Tax Savings. 3.1 If, at the Vendor's request and expense, the Auditors determine that the Company has obtained a "Tax Saving" (which for the purposes of this paragraph 3 shall mean where the Vendor has made a payment under this Tax Covenant or the Tax Warranties in respect of a Tax Liability which results in the reduction of any other Tax liability of the Company including by reason of a Relief being or, as a result becoming, available to the Company (and the Purchaser agrees to use reasonable endeavours to ensure that any such Relief so reduces any such other Tax Liability and to utilise that Relief in priority to any other Relief)) the Purchaser shall on demand repay to the Vendor the lesser of:-
Credit for Tax Savings. 3.1 The Buyer covenants that if it or the relevant Group Company becomes aware that a Tax Saving has arisen, then:
Credit for Tax Savings. 4.1 For the purposes of this clause 4:
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Credit for Tax Savings. (a) In this Section 7.05:
Credit for Tax Savings. 6.1 If, at the Warrantors’ request and expense, the Auditors determine that the Company has obtained a “Tax Saving” (which for the purposes of this paragraph 6 shall mean where the Warrantors have made a payment under this Tax Covenant in respect of a Tax Liability which results in the reduction of any other Tax Liability for which the Warrantors would not have otherwise been liable under this Tax Covenant) the Buyer shall on demand repay to the Warrantors the lesser of:
Credit for Tax Savings. 5.1 In this paragraph 5:
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