Common use of Notification of Tax Proceedings Clause in Contracts

Notification of Tax Proceedings. From the date of this Agreement to the Effective Time, to the extent Company or any Subsidiary becomes aware of the commencement or scheduling of any Tax audit, the assessment of any material Tax, the issuance of any notice of material Tax due or any xxxx for collection of any material Tax due or any material lien for Taxes, or the commencement or scheduling of any other administrative or judicial proceeding with respect to the determination, assessment, or collection of any material Tax on Company or any Subsidiary, Company shall provide prompt notice to Parent of such matter setting forth information (to the extent known) describing any asserted Tax liability in reasonable detail and including copies of any notice or other documentation received from the applicable Tax Authority with respect of the matter.

Notification of Tax Proceedings. From Between the date of this Agreement to hereof and the Effective TimeClosing Date, to the extent the Company or any Subsidiary becomes aware of its Subsidiaries has knowledge of the commencement or scheduling of any Tax audit, the assessment of any material Tax, the issuance of any notice of material Tax due or any xxxx for collection of any material Tax due or any material lien for Taxesdue, or the commencement or scheduling of any other administrative or judicial proceeding with respect to the determination, assessment, assessment or collection of any material Tax on of the Company or any Subsidiaryof its Subsidiaries, the Company shall provide prompt notice to Parent the Acquiror of such matter matter, setting forth information (to the extent known) describing any asserted Tax liability in reasonable detail and including copies of any notice or other documentation received from the applicable Tax Authority authority with respect of the to such matter.

Notification of Tax Proceedings. From the date of this Agreement to the Effective Time, to the extent Company or any Subsidiary becomes aware of the commencement or scheduling of any Tax audit, the assessment of any material Tax, the issuance of any notice of material Tax due or any xxxx bill for collection of any material Tax due or any material lien for TaxesXxxes, or the commencement or scheduling of any other administrative or judicial proceeding with respect to the determination, assessment, or collection of any material Tax on Company or any Subsidiary, Company shall provide prompt notice to Parent of such matter setting forth information (to the extent known) describing any asserted Tax liability in reasonable detail and including copies of any notice or other documentation received from the applicable Tax Authority with respect of the matter.

Notification of Tax Proceedings. From the date of this Agreement to the ------------------------------- Effective Time, to the extent Company or any Subsidiary becomes aware of the commencement or scheduling of any Tax audit, the assessment of any material Tax, the issuance of any notice of material Tax due or any xxxx for collection of any material Tax due or any material lien for Taxes, or the commencement or scheduling of any other administrative or judicial proceeding with respect to the determination, assessment, or collection of any material Tax on Company or any Subsidiary, Company shall provide prompt notice to Parent of such matter setting forth information (to the extent known) describing any asserted Tax liability in reasonable detail and including copies of any notice or other documentation received from the applicable Tax Authority with respect of the matter.