Common use of Provision For Taxes Clause in Contracts

Provision For Taxes. The provision made for taxes on the Recent Balance Sheet is and will be sufficient for the payment of all federal, state, foreign, county, local and other income, ad valorem, excise, profits, franchise, occupation, property, payroll, sales, use, gross receipts and other taxes (and any interest and penalties) and assessments, whether or not disputed, at the date of the Recent Balance Sheet and for all years and periods prior thereto. Since the date of the Recent Balance Sheet, the Company has not incurred any taxes other than taxes incurred in the ordinary course of business consistent in type and amount with past practices of the Company.

Appears in 3 contracts

Samples: Merger Agreement (Medical Industries of America Inc), Merger Agreement (Cyber Care Inc), Merger Agreement (Medical Industries of America Inc)

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Provision For Taxes. The provision made for taxes on the Recent Balance Sheet and the Estimated Closing Balance Sheet is and will be sufficient for the payment of all federal, state, foreign, county, local and other income, ad valorem, excise, profits, franchise, occupation, property, payroll, sales, use, gross receipts and other taxes (and any interest and penalties) and assessments, whether or not disputed, at the date of the Recent Balance Sheet and for all years and periods prior thereto. Since the date of the Recent Balance Sheet, the Company has not incurred any taxes other than taxes incurred in the ordinary course of business consistent in type and amount with past practices of the Company.

Appears in 2 contracts

Samples: Stock Exchange Agreement (Medical Industries of America Inc), Stock Exchange Agreement (Medical Industries of America Inc)

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Provision For Taxes. The provision made for taxes on the Recent Balance Sheet is and will be sufficient for the payment of all federal, state, foreign, county, local and other income, ad valorem, excise, profits, franchise, occupation, property, payroll, sales, use, gross receipts and other taxes (and any interest and penalties) and assessments, whether or not disputed, at the date of the Recent Balance Sheet and for all years and periods prior thereto. Since the date of the Recent Balance Sheet, the Company has not incurred any taxes other than taxes incurred in the ordinary course of business consistent in type and amount with past practices of the Company.

Appears in 1 contract

Samples: Stock Exchange Agreement (Medical Industries of America Inc)

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