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.
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Samples: Share Purchase Agreement, Share Purchase Agreement (LightBeam Electric Co), Share Purchase Agreement (LightBeam Electric Co)
DUE DATE OF PAYMENT AND INTEREST. (a) Where a claim under this Agreement relates to Damages relating to Tax, the Sellers Seller shall pay to FID the amount claimed due from it 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.
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