Common use of Tax Accruals Clause in Contracts

Tax Accruals. All other taxes and other assessments and levies which the Company is required by law to withhold or to collect have been duly withheld and collected and have been paid over to the proper governmental authorities or are held by the Company for such payment and all such withholding and collections and all other payments unpaid and due in connection therewith as of January 31, 1999 are duly reflected in the balance sheet of the Company as of said date.

Appears in 2 contracts

Samples: Wellux Acquisition Agreement (Beacon Light Holding Corp/Ct), Klick Acquisition Agreement (Beacon Light Holding Corp/Ct)

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Tax Accruals. All other taxes and other assessments and levies which the Company is required by law to withhold or to collect have been duly withheld and collected and have been paid over to the proper governmental authorities or are held by the Company for such payment and all such withholding and collections and all other payments unpaid and due in connection therewith as of January 31June 30, 1999 2001 are duly reflected in the balance sheet of the Company as of said date.

Appears in 1 contract

Samples: Acquisition Agreement (China Gateway Holdings Inc)

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Tax Accruals. All other taxes and other assessments and levies which the Company is required by law to withhold or to collect have been duly withheld and collected and have been paid over to the proper governmental authorities or are held by the Company for such payment and all such withholding and collections and all other payments unpaid and due in connection therewith as of January December 31, 1999 2000 are duly reflected in the balance sheet of the Company as of said date.

Appears in 1 contract

Samples: Termination Agreement (China Gateway Holdings Inc)

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