Common use of Payment of Tax Clause in Contracts

Payment of Tax. The Company has duly and punctually paid all taxation which it has become liable to pay and is under no liability to pay any penalty or interest in connection with any claim for taxation and has not paid any tax which it was not and is not properly due to pay.

Appears in 2 contracts

Samples: Share Sale and Purchase Agreement (SGS International, Inc.), Share Sale and Purchase Agreement (SGS International, Inc.)

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Payment of Tax. The Company has duly and punctually paid all taxation Tax which it has become liable to pay and is under no liability to pay any penalty or interest in connection with any claim for taxation and has not paid any tax which it was not and is not properly due to payTax.

Appears in 1 contract

Samples: Share Purchase Agreement (Chemfab Corp)

Payment of Tax. The Company has duly and punctually paid all taxation Tax which it has become liable to pay and is under no liability to pay any penalty or interest in connection with any claim for taxation Tax and has not paid any tax Tax which it was not and is not properly due to pay.

Appears in 1 contract

Samples: Share Purchase Agreement (Syniverse Holdings LLC)

Payment of Tax. The Company has duly properly and punctually paid all taxation Tax which it has become liable to pay and is under no liability it has not in the preceding six year period paid or become liable to pay any penalty penalty, fine, surcharge or interest in connection with any claim for taxation and has not paid any tax which it was not and is not properly due to payrespect of Tax.

Appears in 1 contract

Samples: Share Purchase Agreement (Lipman Electronic Engineering LTD)

Payment of Tax. The Company has duly and punctually paid all taxation which it Tax (including Tax required to be deducted or withheld from payments) to the extent that the same ought to have been paid and has not in the last six years paid or become liable to pay and is under no liability to pay any penalty or interest in connection with charged by virtue of the provisions of any claim for taxation and has not paid any tax which it was not and is not properly due to payTax Legislation.

Appears in 1 contract

Samples: Share Transfer Agreement (Cti Group Holdings Inc)

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Payment of Tax. The Company has duly and punctually paid all taxation Taxation which it has become liable to pay and is under no liability to pay any penalty or interest in connection with any claim for taxation and has not paid any tax which it was not and is not properly due to payTaxation.

Appears in 1 contract

Samples: Acquisition Agreement (Tiger Telematics Inc)

Payment of Tax. The Company has duly and punctually paid all taxation which it has become liable to pay and is under no liability to pay any penalty or interest in connection with any claim for taxation and has not paid any tax which it was not and is not properly due to pay. None of the Company's tax returns is disputed by the Inland Revenue or any other Governmental Authority, and there are no facts or circumstances that could reasonably be expected to give rise to such a dispute.

Appears in 1 contract

Samples: Sale and Purchase Agreement (Natco Group Inc)

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