Common use of Preparation of Tax Return Clause in Contracts

Preparation of Tax Return. The Shareholders recognize that a year-to-date income tax return must be prepared and filed for Target as a result of this transaction and that the Shareholders are primarily responsible for preparing this return. The Shareholders therefore agree to prepare this return promptly after the Closing, at their expense, and deliver it to Target to review and file. Buyers shall be solely responsible for any changes they make to the return prepared by the Shareholders.

Appears in 2 contracts

Samples: Merger Agreement (Brown & Brown Inc), Merger Agreement (Brown & Brown Inc)

AutoNDA by SimpleDocs

Preparation of Tax Return. The Shareholders Members recognize that a year-to-date income tax return must be prepared and filed for each Target as a result of this transaction and that the Shareholders Members are primarily responsible for preparing this return. The Shareholders Members therefore agree to prepare this return promptly after the Closing, at their expense, and deliver it to Target the Targets to review and file. Buyers shall be solely responsible for any changes they make to the return prepared by the ShareholdersMembers.

Appears in 1 contract

Samples: Merger Agreement (Brown & Brown Inc)

Preparation of Tax Return. The Shareholders recognize that a year-to-date income tax return must be prepared and filed for Target the Acquired Companies as a result of this transaction and that the Shareholders are primarily responsible for preparing this return. The Shareholders therefore agree to prepare this return these returns promptly after the Closing, at their expense, and deliver it them to Target the Company to review and file. Buyers Buyer and the Company shall be solely responsible for any changes they make to the return returns prepared by the Shareholders.

Appears in 1 contract

Samples: Stock Purchase Agreement (Brown & Brown Inc)

AutoNDA by SimpleDocs

Preparation of Tax Return. The Shareholders recognize that a year-to-date income tax return must be prepared and filed for Target the Company as a result of this transaction and that the Shareholders are primarily responsible for preparing this return. The Shareholders therefore agree to prepare this return promptly after the Closing, at their the Company's expense, and deliver it to Target the Company to review and file. Buyers Buyer and the Company shall be solely responsible for any changes they make to the return prepared by the Shareholders.

Appears in 1 contract

Samples: Stock Purchase Agreement (Brown & Brown Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!