Tax Action Sample Clauses

Tax Action. No claim for assessment or collection of Taxes by a Taxing Authority has been or is presently being asserted or is otherwise outstanding against the Company; no rationale underlying a claim for Taxes has been asserted previously by any Taxing Authority that reasonably could be expected to be asserted in any other period; and there is no dispute, claim, demand, action, suit, proceeding, arbitration or investigation by any Taxing Authority pending or threatened against the Company; and there are no Liens for Taxes upon any of the assets of the Company except for liens for Taxes not yet due and payable. The Company has no outstanding powers of attorney with respect to Taxes.
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Tax Action. No unresolved written claim for assessment or collection of material Taxes has been or is presently being asserted, or is otherwise outstanding against the Company or any of its Subsidiaries. There is no Action by any Taxing Authority pending or, to the Knowledge of the Company, threatened against the Company or any of its Subsidiaries with respect to material Taxes, and there are no Encumbrances for material Taxes upon any of the assets of the Company or any of its Subsidiaries. Neither the Company nor any of its Subsidiaries has outstanding powers of attorney with respect to any material amount of Taxes.
Tax Action. Notwithstanding anything in this Agreement to the contrary, if an action (including but not limited to any assignment of its rights or obligations under this Agreement or any failure to comply with Applicable Laws or filing requirements) by a Party leads to the imposition of withholding tax liability or VAT on the other Party with respect to a payment made under this Agreement that would not have been imposed in the absence of such action or in an increase in such liability above the liability that would have been imposed in the absence of such action, then (i) if the Party taking the action is the payor, the sum payable by such action Party shall be increased to the extent necessary to ensure that the other Party (in respect of which such deduction or withholding is required to be made) receives a sum equal to the sum which it would have received had no such action occurred, or (ii) if the Party taking the action is the recipient of the payment, the sum payable by the non-action Party shall be made to the other Party (in respect of which such deduction or withholding is required to be made) after deduction of the amount required to be so deducted or withheld, which deducted or withheld amount shall be remitted in accordance with Applicable Law.
Tax Action. No claim for assessment or collection of Taxes has been or is presently being asserted or is otherwise outstanding against the Company; no rationale underlying a claim for Taxes has been asserted previously by any Taxing Authority that reasonably could be expected to be asserted in any other period; except as set forth in Section 3.23(f) of the Disclosure Schedules, there is no Action by any Taxing Authority pending or, to the knowledge of any employee, contractor, consultant, or advisor of the Company with responsibility for Taxes, threatened against the Company, nor is there any basis for any of the foregoing; and there are no Encumbrances for Taxes upon any of the assets of the Company. The Company does not have outstanding powers of attorney with respect to Taxes. Neither the Company nor any director or officer or any shareholder of the Company (in his or its capacity as such) has paid or become liable to pay, and there are no circumstances by reason of which it or they may become liable to pay, any penalty, fine, surcharge, inflation indexation, or interest in respect of Tax.
Tax Action. No claim for assessment or collection of Taxes by a Taxing Authority has been asserted for any period for which the applicable statute of limitations has not yet expired or is presently being asserted or is otherwise outstanding against any of the Company Entities; no rationale underlying a claim for Taxes has been asserted previously by any Taxing Authority that reasonably could be expected to be asserted in any other period for any period for which the applicable statute of limitations has not yet expired; and there is no dispute, claim, demand, action, suit, proceeding, arbitration or investigation by any Taxing Authority pending or threatened in writing against any of the Company Entities; and there are no Liens for Taxes upon any of the assets of any of the Company Entities except for liens for Taxes not yet due and payable. None of the Company Entities has an outstanding power of attorney with respect to Taxes.
Tax Action. No claim for assessment or collection of Taxes has been or is presently being asserted in writing or is otherwise outstanding against the Company; and there is no Action by any Taxing Authority pending or threatened in writing against the Company; and there are no Encumbrances for Taxes upon any of the assets of the Company. The Company does not have outstanding powers of attorney with respect to Taxes. Neither the Company nor any director, managing director or officer or any shareholder of the Company (in his, her or its capacity as such) has paid or become liable to pay, and there are no circumstances by reason of which it or they may become liable to pay, any penalty, fine, surcharge or interest in respect of the Company’s Taxes.
Tax Action. There is no action, audit or examination currently in process or pending against the Company Entities in respect of any Tax or assessment, and to the Knowledge of Sellers no action for additional Tax or assessment is asserted or threatened in writing by any Taxing Authority. The Company Entities have not been delinquent in the payment of any Tax, nor is there any Tax deficiency outstanding, assessed or proposed against the Company Entities. There are no Liens for Taxes upon any of the assets of any of the Company Entities except for liens for Taxes not yet due and payable.
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Related to Tax Action

  • Post-Closing Actions Notwithstanding anything to the contrary contained in this Agreement or the other Credit Documents, the parties hereto acknowledge and agree that:

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