DUE DATE OF PAYMENT AND INTEREST. (a) Where a claim under this Agreement relates to Damages relating to Tax, the Sellers shall pay to FID the amount claimed under this Agreement in respect thereof on or before the date which is the later of the date ten (10) Business Days after demand is made therefor under this Agreement and the fifth Business Day prior to the latest date on which the Tax in question can be paid to the relevant Tax authority in order to avoid a liability to interest or penalties accruing.
(b) Where a claim in respect of Damages relating to Tax under this Agreement relates to the loss or set off of a right to a repayment of Tax, the Sellers shall pay to FID the amount claimed under this Agreement in respect thereof on or before the date which is the later of the date ten (10) Business Days after demand is made therefor under this Agreement and the date when such repayment would have been due were it not for such loss or setting off.
(c) Where a claim in respect of any loss relating to Tax under this Agreement relates to the loss, use or set off of any Relief, the Sellers shall pay to FID the amount claimed under this Agreement in respect thereof on or before the date which is the later of the date ten (10) Business Days after demand is made therefor under this Agreement, and:
(i) in the case of a Relief which is used or set off, the date or dates referred to in Section 9.4(a) that would have applied to the Tax saved by the use or set off of the Relief if that Tax had been payable; or
(ii) in the case of a Relief which is lost, the date or dates referred to in Section 9.4(a) that apply to the Tax which but for such loss would have been saved by virtue of such Relief, ignoring for this purpose the effect of Reliefs (other than deductions in computing profits for the purposes of Tax) arising in respect of an event occurring or period ending after the Closing.
DUE DATE OF PAYMENT AND INTEREST. 8.1 Where a claim under this Schedule relates to a liability to make or suffer an actual payment or increased payment of Tax, the Sellers shall pay to the Purchaser the amount claimed under this Schedule in respect thereof on or before the date which is the later of the date ten Business days after demand is made therefor under this Schedule and the fifth Business Day prior to:
8.1.1 in the case of Tax in respect of which there is no provision for payment by installments, the latest date on which the Tax in question can be paid to the relevant Tax Authority in order to avoid a liability to interest or penalties accruing; or
8.1.2 in the case of Tax in respect of which there is provision for payment by installments, each date on which an installment of such Tax becomes payable (and so that on each such date an appropriate proportion of the amount claimed shall be paid, such proportion to be notified by the Purchaser to the Sellers at least five Business days prior to each such date);
8.1.3 provided, that, if the date on which Tax to which this clause applies can be recovered is deferred following application to the appropriate authority and the Sellers indemnify and secure the Purchaser, the Company and the Subsidiary concerned to the Purchaser's reasonable satisfaction in accordance with paragraph 7.2, the date for payment by the Sellers shall be the earlier of the date on which the Tax becomes recoverable by the relevant Tax Authority (notwithstanding any initial deferral) and such date when the amount of Tax is finally and conclusively determined. For this purpose, an amount of Tax shall be deemed to be finally determined when, in respect of such amount, an agreement under section 54 of the Taxes Management Xxx 0000 or any legislative provision corresponding to that section is made or a decision of a court or tribunal is given from which either no appeal lies or in respect of which no appeal is made within the prescribed time limit.
8.2 Where a claim under this Schedule relates to the loss or set off of a right to a Repayment of Tax, the Sellers shall pay to the Purchaser the amount claimed under this Schedule in respect thereof on or before the date which is the later of the date ten Business days after demand is made therefor under this Schedule and the date when such repayment would have been due were it not for such loss or setting off.
8.3 Where a claim under this Schedule relates to the loss, use or set off of any Relief, the Sellers shall pay to t...
DUE DATE OF PAYMENT AND INTEREST. 4.1 Due date of payment Where the Seller becomes liable to make any payment pursuant to paragraph 1, the due date for the making of the payment shall be the date falling five Business Days after the date of service by the Buyer of a written notice on the Seller demanding payment or (if later):
DUE DATE OF PAYMENT AND INTEREST. Where a claim under this Schedule relates to a liability to make or suffer an actual payment or increased payment of Tax or an amount in respect thereof or where either Company is under a liability to make a payment of the type referred to in paragraph 2.3 above (in this paragraph referred to as a group relief payment), the Seller shall pay to the Purchaser the amount claimed under this Schedule in respect thereof on or before the date which is the later of the date ten Business Days after demand is made therefor under this Schedule and the fifth Business Day prior to:
DUE DATE OF PAYMENT AND INTEREST. Where a claim under this Schedule relates to a liability to make or suffer an actual payment or increased payment of tax or an amount in respect thereof, the Sellers shall pay to the Buyer the amount claimed under this Schedule in respect thereof on or before the date which is the later of the date ten Business Days after demand is made therefor under this Schedule and the third Business Day prior to:
DUE DATE OF PAYMENT AND INTEREST. Subject to paragraph 10.2, each Seller shall pay to the Purchaser any amount payable by it under this Schedule on or before the date which is the later of the date ten Business Days after demand is made therefor by the Purchaser and two Business Days before the first date on which the tax in question becomes due and payable to the tax authority demanding the same. Provided that:
DUE DATE OF PAYMENT AND INTEREST. 8.1 The Sellers shall pay to the Purchaser in cleared funds any amount due under this Schedule, whether or not the Purchaser or the Company is or may be entitled to claim reimbursement of the Tax Liability from any other body person or authority, on or before:
(i) in the case of an A Liability, the date which is the later of the date falling 5 business days after the Purchaser has served written notice demanding that payment ("Notice Date") and the date falling 3 business days before the last date on which the Tax in question is required to be paid to the relevant Tax Authority without any interest or penalties arising in respect of it;
(ii) in the case of a B Liability, the date which is the later of the Notice Date and 3 business days before the last day on which Tax would have been payable (but for the application of the relief) to the relevant Tax Authority without any interest or penalties arising in respect of it;
(iii) in case of any liability involving a payment for, or repayment of a payment for Group Relief the date which is the later of the Notice Date and three business days before that payment or repayment is due and payable; or
(iv) in any other case (including an amount claimed under paragraph 4) which is not covered by the preceding paragraphs, the Notice Date where accompanied by satisfactory evidence that the relevant loss, cost, expense or payment has been incurred.
DUE DATE OF PAYMENT AND INTEREST. 5.1 The Seller shall pay to the Purchaser any amount payable under this Part of this Schedule on or before the date which is the later of the date ten Business Days after demand is made therefor by the Purchaser and two Business Days before the first date on which the Tax in question is payable to the relevant Tax Authority.
5.2 Where a claim under this Part of this Schedule relates to the use or set off of a Purchaser’s Relief, the Seller shall pay to the Purchaser the amount due under this Part of this Schedule in respect thereof on the later of the date which is two Business Days before the first date on which Tax first becomes payable to the relevant Tax Authority being Tax that would not have been payable but for such use or set off, and ten Business Days after demand is made therefor by the Purchaser.
5.3 Where a claim under this Part of this Schedule relates to costs and expenses referred to in paragraph 2, the Seller shall pay the relevant amount to the Purchaser on or before the date which is the later of ten Business Days after written demand is made therefor by the Purchaser, accompanied by reasonably satisfactory evidence of the nature of the costs and expenses in question, and the fifth Business Day prior to the date when the Target Company concerned becomes liable to pay or incur such costs or expenses.
DUE DATE OF PAYMENT AND INTEREST. 1Amounts payable in respect of an A Liability The Seller shall pay to the Purchaser any amount payable under this Schedule in respect of an A Liability on or before the date which is the later of the date 10 Business Days after demand is made therefor by the Purchaser and three Business Days before which the Tax in question becomes recoverable by the Tax Authority demanding the same provided that, if the date on which the Tax can be recovered is deferred following application to the relevant Tax Authority, the date for payment by the Seller shall be such later date when the amount of Tax is finally and conclusively determined.
DUE DATE OF PAYMENT AND INTEREST. 4.1 Where a claim under this Part of this Schedule relates to a liability of a Target Company to make or suffer an actual payment or increased payment of Tax or an amount on account of or in respect of Tax (a Tax Amount), each Seller shall pay to the Purchaser the amount for which that Seller is liable under this Part of this Schedule in respect of the Tax Amount on or before the date which is the later of the date ten (10) Business Days after demand is made therefor under this Part of this Schedule (such demand to include full details of the claim and the amount thereof) and the fifth Business Day prior to:
