Common use of Filing of Returns and Payment of Taxes Clause in Contracts

Filing of Returns and Payment of Taxes. All material Tax Returns required to be filed on or before the Closing Date by or with respect to the Company have (or by the Closing Date will have) been duly filed or the time for filing such Tax Returns shall have been validly extended to a date after the Closing Date. All such Tax Returns were prepared in substantial compliance with applicable law and were complete and correct in all material respects. The Company has paid all Taxes shown due on such Tax Returns.

Filing of Returns and Payment of Taxes. All income and other material Tax Returns required to be filed on or before the Closing Date by or with respect to the Company Companies and their Subsidiaries have (or by the Closing Date will have) been timely and duly filed or the time for filing filed, and all such Tax Returns shall have been validly extended to a date after the Closing Date. All such Tax Returns were prepared in substantial compliance with applicable law are correct and were complete and correct in all material respects. The Company has Companies and their Subsidiaries have timely paid all Taxes that are due (whether or not shown due on such a Tax ReturnsReturn). The Companies and their Subsidiaries are not currently beneficiaries of any extension of time within which to file any Tax Return.