Stub Period Returns. The Purchaser shall cause to be prepared and filed on a timely basis all Tax Returns for the Corporation for any period which ends on or before the Closing Date and for which Tax Returns have not been filed as of such date. The Purchaser shall also cause to be prepared and filed on a timely basis all Tax Returns of the Corporation for periods beginning before and ending after the Closing Date.
Stub Period Returns. (a) The Buyer Parties shall cause the Company and each of its Subsidiaries to duly and timely make or prepare all Tax Returns required to be made or prepared by them and to duly and timely file all Tax Returns required to be filed by it for any period which ends on or before the Closing Date and for which Tax Returns have not been filed as of such date. The Buyer Parties shall also cause the Company and each of its Subsidiaries to duly and timely make or prepare all Tax Returns required to be made or prepared by them and to duly and timely file all Tax Returns required to be filed by it for periods beginning before and ending after the Closing Date. All such Tax Returns shall be prepared by or with the assistance of the KPMG LLP office currently charged with the responsibility of preparing the Company’s Tax Returns. All such Tax Returns shall be prepared in accordance with applicable Laws and Governmental Authority administrative practice. The Buyer Parties and the Shareholders’ Agent shall cooperate fully with each other and make available to each other in a timely fashion such data and other information as may reasonably be required for the preparation of any Tax Return of the Company and each of its Subsidiaries for a period ending on, prior to or including the Closing Date and shall preserve such data and other information until the expiration of any applicable limitation period and any extensions thereof under any applicable Law with respect to Taxes. The Buyer Parties shall submit such Tax Returns in draft form to the Shareholders’ Agent at least thirty (30) days before the date on which such Tax Returns are required by Law to be filed with applicable Governmental Authority for review and comment.
(b) If any of the Company’s Subsidiaries is permitted, but not required, under applicable Tax-related Law to treat the Effective Date as the last day of a taxation year, then such Subsidiary shall treat such day as the last day of a taxation year. The portion of any Taxes for a taxation year beginning before and ending after the Closing allocable to the portion of such period ending on the Effective Date shall be deemed equal to (i) in the case of Taxes that are based on or related to income or receipts or imposed in connection with any sale or other transfer or assignment of property, the amount which would be payable if the taxable year ended with the Effective Date and (ii) in the case of other Taxes imposed on a periodic basis (including property Taxes)...
Stub Period Returns. The Buyer shall cause each of the Company and the Subsidiaries to duly and timely make or prepare all Tax Returns required to be made or prepared by them and to duly and timely file (taking into account any valid extensions of time) all Tax Returns required to be filed by them for any period which ends on or before the Closing Date and for which Tax Returns have not been filed as of such date. The Buyer may cause the Company and the Subsidiaries to make the election referred to in subsection 256(9) of the Tax Act, and comparable provisions of applicable provincial or territorial legislation, and to file such election(s) for the Company’s and the Subsidiaries’ taxation year(s) ending immediately before the Closing Time. The Buyer shall also cause each of the Company and the Subsidiaries to duly and timely make or prepare all Tax Returns required to be made or prepared by them and to duly and timely file all Tax Returns required to be filed by them for periods beginning before and ending after the Closing Date.
Stub Period Returns. The Purchaser shall cause to be prepared and filed on a timely basis, all Tax Returns for each of the Company and any Related Entity for any period which ends on or before the Closing Date and for which Tax Returns have not been filed as of such date. The Purchaser shall also cause to be prepared and filed on a timely basis, all Tax Returns for each of the Company and any Related Entity for periods beginning before and ending after the Closing Date. The Vendor and the Purchaser shall cooperate fully with each other and make available to each other in a timely fashion such data and other information as may reasonably be required for the preparation of any Tax Return of the Company and any Related Entity for a period ending on, prior to or including the Closing Date and shall preserve such date and other information until the expiration of any applicable limitation period under any applicable law with respect to Taxes.
Stub Period Returns. The Vendor shall cause to be prepared and Purchaser shall cause to be filed on a timely basis, all Tax Returns for each of the Companies for any period which ends on or before the Closing Date and for which Tax Returns have not been filed as of such date. The Vendor shall also cause to be prepared and filed on a timely basis, all Tax Returns of each of the Companies for periods beginning before and ending after the Closing Date. The Vendor and the Purchaser shall cooperate fully with each other and make available to each other in a timely fashion such data and other information as may reasonably be required for the preparation of any Tax Return of each of the Companies for a period ending on, prior to or including the Closing Date and shall preserve such data and other information until the expiration of any applicable limitation period under any applicable law with respect to Taxes.
Stub Period Returns. The Purchaser shall cause to be prepared and filed on a timely basis all Tax Returns for the Corporation and each of the Subsidiaries for (a) any Pre-July Tax Period for which Tax Returns have not been filed as of the Closing Date and (b) for any Straddle Period for which Tax Returns are required to be prepared and filed (all Tax Returns referred to in clause (a) and (b) above collectively being referred to herein as the “Stub Period Returns”). The Vendor and the Purchaser shall co-operate fully with each other and make available to each other in a timely fashion such data and other information as may reasonably be required for the preparation of all Stub Period Returns and shall preserve such data and other information until the expiration of any applicable limitation period under any Applicable Law with respect to such Stub Period Returns. The Purchaser shall provide to the Vendor for its review a draft of each Stub Period Return no later than 30 days in the case of an income Tax Return, and 10 days in the case of any other Tax Return, prior to the due date for filing such Tax Return with the appropriate Governmental Authorities. The Vendor shall notify the Purchaser in writing within 15 days in the case of an income Tax Return, and 5 days in the case of any other Tax Return, after delivery of a Stub Period Return if it has any reasonable comments with respect to items set forth in such Stub Period Return. The Purchaser shall pay the costs of the preparation and filing of such Stub Period Returns.
Stub Period Returns. The Purchaser shall cause each of the Acquired Companies, the Company and the Subsidiaries, acting jointly with the Vendor to duly and timely make or prepare all Tax Returns required to be made or prepared by them and to duly and timely file all Tax Returns required to be filed by them for any period which ends on or before the Closing Date and for which Tax Returns have not been filed as of such date. The Purchaser may cause the Acquired Companies, the Company and the Subsidiaries to make the election referred to in subsection 256(9) of the Income Tax Act (Canada), and comparable provisions of applicable provincial or territorial legislation, and to file such election(s) for the Acquired Companies’, the Company’s and the Subsidiaries’ taxation year(s) ending immediately before the Closing Time. The Purchaser shall also cause each of the Acquired Companies, the Company and the Subsidiaries, acting jointly with the Vendor, to duly and timely make or prepare all Tax Returns required to be made or prepared by them and to duly and timely file all Tax Returns required to be filed by them for periods beginning before and ending after the Closing Date. The Vendor and the Purchaser shall cooperate fully with each other and make available to each other in a timely fashion such data and other information as may reasonably be required for the preparation of any Tax Return of the Acquired Companies, the Company or any of the Subsidiaries for a period ending on, prior to or including the Closing Date and shall preserve such data and other information until the expiration of any applicable limitation period under any applicable law with respect to Taxes.
Stub Period Returns. The Vendor shall cause to be prepared and filed on a timely basis, all Tax Returns for the Company for any period which ends on or before the Closing Date and for which Tax Returns have not been filed as of such date. The Purchaser shall cause to be prepared and filed on a timely basis, all Tax Returns for the Company for periods beginning and ending after the Closing Date. The Vendor and the Purchaser shall cooperate fully with each other and make available to each other in a timely fashion such data and other information as may reasonably be required for the preparation of any Tax Return, including information with respect to the Reorganization, of the Company for a period ending on, prior to or including the Closing Date and shall preserve such data and other information until the expiration of any applicable limitation period under any applicable law with respect to Taxes.
Stub Period Returns. Parent and Sub shall cause each Company Group Member to duly and timely make or prepare all Tax Returns required to be made or prepared by them and to duly and timely file all Tax Returns required to be filed by them for any period which ends on or before the Closing Date and for which Tax Returns have not been filed as of such date. Parent and Sub may cause each Company Group Member to make the election referred to in subsection 256(9) of the Tax Act, and comparable provisions of applicable provincial or territorial legislation, and to file such election(s) for such Company Group Member’s taxation year(s) ending immediately before the Closing Time. Parent and Sub shall also cause each Company Group Member to duly and timely make or prepare all Tax Returns required to be made or prepared by them and to duly and timely file all Tax Returns required to be filed by them for periods beginning before and ending after the Closing Date. The Securityholder Representative, Parent and Sub shall cooperate fully with each other and make available to each other in a timely fashion such data and other information as may reasonably be required for the preparation of any Tax Return of any Company Group Member for a period ending on, prior to or including the Closing Date and shall preserve such data and other information until the expiration of any applicable limitation period under any applicable law with respect to Taxes.
Stub Period Returns. Within 90 days after the Closing Date, ------------------- Shareholders shall cause to be prepared and delivered to Purchaser, at the expense of Shareholders, tax returns and any related payments, schedules or filings in respect of the Company for the stub period from the most recent fiscal year-end up to and including the Effective Date. All such returns, schedules and filings shall be accurate and shall comply fully with applicable law and regulations and past practice in both form and substance.
