Remittance of Refunds Sample Clauses

Remittance of Refunds. If the Buyer or any Affiliate of the Buyer receives a refund of any Taxes that the Seller is responsible for hereunder, or if the Seller or any Affiliate of the Seller receives a refund of any Taxes that the Buyer is responsible for hereunder, the party receiving such refund shall, within 30 days after receipt of such refund, remit it to the party who has responsibility for such Taxes hereunder. For the purpose of this Section 9(m), the term "refund" shall include a reduction in Tax and the use of an overpayment as a credit or other Tax offset, and receipt of a refund shall occur upon the filing of a Tax Return or an adjustment thereto using such reduction, overpayment or offset or upon the receipt of cash.
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Remittance of Refunds. If the Buyer or any Affiliate of the Buyer receives a refund of any Taxes that the Seller is responsible for hereunder, or if the Seller or any Affiliate of the Seller receives a refund of any Taxes that the Buyer is responsible for hereunder, the Party receiving such refund shall, within thirty (30) days after receipt of such refund, remit it to the Party who has responsibility for such Taxes hereunder. For the purpose of this Section 9(m), the term “refund” shall include a reduction in Tax and the use of an overpayment as a credit or other Tax offset, and receipt of a refund shall occur upon the filing of a Tax Return or an adjustment thereto using such reduction, overpayment or offset or upon the receipt of cash.
Remittance of Refunds. If Buyer or any of its Affiliates receives a refund of any Taxes attributable to a Pre- Applicable Closing Tax Period that Seller is responsible for hereunder, or if Seller or any Affiliate of Seller receives a refund of any Taxes attributable to a Post- Applicable Closing Tax Period that Buyer is responsible for hereunder, the Party receiving such refund shall, within 15 days after receipt of such refund, remit it (net of all out-of-pocket expenses reasonably incurred to obtain such refund) to the party who has responsibility for such Taxes hereunder. For the purpose of this Section 7.6, the term “refund” shall include a reduction in Tax and the use of an overpayment as a credit or other tax offset, and receipt of a refund shall occur upon the filing of a return or an adjustment thereto using such reduction, overpayment or offset or upon the receipt of cash.
Remittance of Refunds. If Buyer or any Affiliate of Buyer receives a refund of any Taxes attributable to a Pre-Closing Tax Period that Seller is responsible for hereunder, or if Seller or any Affiliate of Seller receives a refund of any Taxes attributable to a Post-Closing Tax Period that Buyer is responsible for hereunder, the party receiving such refund shall, within thirty days after receipt of such refund, remit it to the party who has responsibility for such Taxes hereunder. For the purpose of this Section 9.1 1, the term "refund" shall include a reduction in Tax and the use of an overpayment as a credit or other tax offset, and receipt of a refund shall occur upon the filing of a return or an adjustment thereto using such reduction, overpayment or offset or upon the receipt of cash.
Remittance of Refunds. If the Buyer or any Affiliate of the Buyer receives a refund of any Taxes attributable to a Pre-Closing Tax Period that the Sellers is responsible for hereunder, or if the Sellers or any Affiliate of the Sellers receives a refund of any Taxes attributable to a Post-Closing Tax Period that the Buyer is responsible for hereunder, the party receiving such refund shall, within thirty days after receipt of such refund, remit it to the party who has responsibility for such Taxes hereunder. For the purpose of this Section 9.11, the term "refund" shall include a reduction in Tax and the use of an overpayment as a credit or other tax offset, and receipt of a refund shall occur upon the filing of a return or an adjustment thereto using such reduction, overpayment or offset or upon the receipt of cash.
Remittance of Refunds. If Buyer or any Affiliate of Buyer receives a refund of any Taxes of any of the Companies that Seller is responsible for hereunder or if Seller or any Affiliate of Seller receives a refund of any Taxes of any of the Companies that Buyer or either Company is responsible for hereunder with respect to a Post-Closing Tax Period, the Party receiving such Tax refund shall, within thirty (30) days after receipt of such refund, remit it to the Party who has responsibility for such Taxes hereunder, including all applicable interest paid by the Governmental Authority with respect to such refund, if any, and net of all Taxes imposed or incurred by such Party with respect to such refund. For the purpose of this Section 5.2(i), the term “refund” shall include a reduction in Tax and the use of an overpayment as a credit or other Tax offset, and receipt of a refund shall occur upon the filing of a Tax Return or an adjustment thereto using such reduction, overpayment or offset or upon the receipt of cash. j.
Remittance of Refunds. If the Buyer or any Affiliate of the Buyer (including the Acquired Companies) receives a refund of any Taxes attributable to a Pre-Closing Tax Period or the portion of a Straddle Period that the Seller is responsible for hereunder, or if the Seller or any Affiliate of the Seller (other than the Acquired Companies) receives a refund of any Taxes attributable to a Post-Closing Tax Period or the portion of a Straddle Period that the Buyer is responsible for hereunder, the party receiving such refund shall, within thirty (30) days after receipt of such refund, remit it to the party who has responsibility for such Taxes hereunder. For the purpose of this Section 9.12, the term “refund” shall include a reduction in Tax and the use of an overpayment as a credit or other tax offset, and receipt of a refund shall occur upon the filing of a return or an adjustment thereto using such reduction, overpayment or offset or upon the receipt of cash.
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Remittance of Refunds. If Buyer (including the Company) receives a refund of any Taxes attributable to a Pre-Closing Tax Period or the portion of a Straddle Period that Sellers are responsible for under this Agreement, or if Sellers or any Affiliate of Sellers (other than the Company) receives a refund of any Taxes attributable to a Post-Closing Tax Period or the portion of a Straddle Period that Buyer is responsible for under this Agreement, the Party receiving such refund shall, within 30 days after receipt of such refund, remit it to the Party who has responsibility for such Taxes under this Agreement. For the purpose of this Section 10.12, the term “refund” shall include a reduction in Tax and the use of an overpayment as a credit or other tax offset, and receipt of a refund shall occur upon the filing of a return or an adjustment thereto using such reduction, overpayment or offset or upon the receipt of cash.
Remittance of Refunds. If Alpha or the Surviving Entity receives a refund of any Taxes attributable to a Pre-Closing Tax Period or the portion of a Straddle Period that Shareholders are responsible for under this Agreement, or if Shareholders or any Affiliate of Shareholders receives a refund of any Taxes attributable to a Post-Closing Tax Period or the portion of a Straddle Period that Alpha is responsible for under this Agreement, the party receiving such refund shall, within 30 days after receipt of such refund, remit it to the party who has responsibility for such Taxes under this Agreement. For the purpose of this Section 10.11, the term “refund” shall include a reduction in Tax and the use of an overpayment as a credit or other tax offset, and receipt of a refund shall occur 57 upon the filing of a return or an adjustment thereto using such reduction, overpayment or offset or upon the receipt of cash.
Remittance of Refunds. If Buyer or any Affiliate of Buyer receives a refund of any Taxes attributable to a Pre-Closing Tax Period that PinnOak or either Seller is responsible for hereunder, or if PinnOak or either Seller or any Affiliate of PinnOak or either Seller receives a refund of any Taxes attributable to a Post-Closing Tax Period that Buyer is responsible for hereunder, the Party receiving such refund shall, within fifteen (15) days after receipt of such refund, remit it to the party who has responsibility for such Taxes hereunder, provided that notwithstanding anything herein to the contrary, if Buyer or any Affiliate of Buyer receives any refund arising out of the ownership or operation of the Assets prior to Closing, Buyer shall, within fifteen (15) days after receipt of such refund, remit it to Sellers, provided further that notwithstanding anything herein to the contrary, if PinnOak or either Seller or any Affiliate of PinnOak or either Seller receives any refund arising out of the ownership or operation of the Assets after Closing, PinnOak and Sellers shall, within fifteen (15) days after receipt of such refund, remit it to Buyer. For the purpose of this Section 9.11, the term "refund" shall include a reduction in Tax and the use of an overpayment as a credit or other tax offset, and receipt of a refund shall occur upon the filing of a return or an adjustment thereto using such reduction, overpayment or offset or upon the receipt of cash.
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