Tax affairs. Each Obligor must promptly file all tax returns required by law within the requisite time limits except to the extent contested in good faith and subject to adequate reserve or provision.
Tax affairs. The Purchaser declares that his personal income tax and/or VAT affairs are in order and any resultant delay in the transfer of the Property in the name of the Purchaser, if this appears not to be the case, will be a material breach of this Agreement which will entitle the Seller to the immediate cancellation of this Agreement.
Tax affairs. Nothing in clause 6.6:
(a) interferes with the right of any Finance Party to arrange its tax affairs in any manner it thinks fit;
(b) obliges any Finance Party to investigate the availability of, or claim, any Tax Credit; or
(c) obliges any Finance Party to disclose any information relating to its tax affairs or any tax computations.
Tax affairs. Nothing in Conditions 8(b) (Taxation - Tax Credit Payment) and 8(c) (Taxation - Tax Credit Clawback) above shall interfere with the right of any Holder to arrange its tax or any other affairs in whatever manner it thinks fit, oblige any Holder to claim any credit, relief, remission or repayment in respect of any payment made under this Condition in priority to any credit, relief, remission or repayment available to it nor oblige any Holder to disclose any information relating to its tax or other affairs or any computations in respect thereof.
Tax affairs. 6.1 The Warrantors or their duly authorised agents or advisers shall, at the expense of the Company prepare, submit and agree the corporation tax computations and returns of the Company (“Tax Computations”) for its accounting period(s) ended on or before the Accounts Date (“Relevant Accounting Period(s)”).
6.2 The Warrantors shall deliver to the Buyer for comments any Tax Computation return document or correspondence and details of any information or proposal (“Relevant Information”) which it intends to submit to the Tax Authority before submission to the Tax Authority and subject to paragraph 6.3 shall take account of the reasonable comments of the Buyer and make such amendments to the Relevant Information as the Buyer may reasonably require in writing within 30 days of the date of delivery of the Relevant Information prior to its submission to the Tax Authority.
6.3 The Warrantors shall not and shall procure that no other person shall submit to the relevant Tax Authority any Relevant Information or agree any matter with that Tax Authority where the Buyer has notified the Warrantors in writing that it reasonably considers that such Relevant Information or matter is not true, accurate and lawful in all respects
6.4 The Warrantors shall deliver to the Buyer copies of any material correspondence sent to, or received from, the Tax Authority relating to the Tax Computations and returns and shall keep the Buyer informed of its actions under this paragraph.
6.5 Subject to paragraphs 6.2 and 6.4, the Buyer shall or shall procure that:
6.5.1 the Company properly authorises and signs the Tax Computations and makes and signs or otherwise enters into all such elections, surrenders and claims and withdraws or disclaims such elections, surrenders and claims and gives such notices and signs such other documents as the Warrantors shall require in relation to the Relevant Accounting Period(s) provided that the Buyer shall not be obliged to procure that the Company makes any election, claim or surrender or provides any notice or withdraws or amends any election, claim, surrender or notice unless such making, provision, withdrawal or amendment was taken into account in the accounts for the period to which such action relates;
6.5.2 the Company provides to the Warrantors such information and assistance, including without limitation such access to its books, accounts and records which may reasonably be required to prepare, submit, negotiate and agree the Tax Computations; and...
Tax affairs. The Owner must:
(a) promptly file all Tax reports and returns required to be filed by it in any jurisdiction; and
(b) promptly pay all Taxes or, if any Tax is being contested in good faith and by appropriate means, ensure an adequate reserve is set aside for payment of that Tax.
Tax affairs. Nothing in this clause 14 shall oblige any Lender to disclose any information to any person regarding its Tax affairs or Tax computations or interfere with the right of any Lender to arrange its Tax affairs in whatever manner it thinks fit.
Tax affairs. 6.1 The Warrantors or their duly authorised agents or advisers shall, at the expense of the Company, prepare, submit and agree the corporation tax computations and Tax Returns (“Tax Computations”) due on or before the Accounts Date (“Relevant Accounting Period(s)”).
6.2 The Warrantors shall deliver to the Purchaser within 45 days prior to the due date for such Tax Return (including any extension thereof) for comments any Tax Computation return document or correspondence and details of any information or proposal (“Relevant Information”) which they intend to submit to a Tax Authority before submission to the Tax Authority and subject to paragraph 6.3 shall take account of the reasonable comments of the Purchaser and make such amendments to the Relevant Information as the Purchaser may reasonably require in writing within 15 days of the date of delivery of the Relevant Information prior to its submission to the relevant Tax Authority.
6.3 The Warrantors shall not, and shall procure that no other person shall, submit to the relevant Tax Authority any Relevant Information or agree any matter with a Tax Authority where the Purchaser has notified the Warrantors in writing within 30 days of the receipt of the Relevant Information or proposal for agreement that such Relevant Information or matter is not true, accurate and lawful in all respects.
6.4 The Warrantors shall deliver to the Purchaser copies of any material correspondence sent to, or received from, the Inland Revenue relating to the Tax Computations and returns and shall keep the Purchaser fully informed of its actions under this paragraph.
6.5 The Purchaser will cause to be prepared each Tax Return (other than any Tax Return described in and covered by paragraph 6.1) covering any Tax period ending on or before or after the Completion Date (including, without limitation, any Tax Return required or permitted to be filed for a short Tax period ending on the Completion Date) which is required to be filed for, by, on behalf of or with respect to the Company after the Completion Date and, if such Tax Return could give rise to a Tax Claim, the Purchaser shall deliver a copy of such Tax Return to the Warrantors at least 45 days prior to the due date (including any extension thereof) for filing such Tax Return, and shall take account of the reasonable comments of the Warrantors and make such amendments to the Tax Return as the Warrantors may reasonable require in writing within 15 days of the due date (including...
Tax affairs. Nothing in this Section 11 shall require any Facility Indemnified Party to disclose any information to any Person regarding its affairs (Tax or otherwise) or Tax computations or interfere with the right of any Facility Indemnified Party to arrange its affairs (Tax or otherwise) according to its sole discretion.
Tax affairs. (a) No provision of this Agreement will:
(i) interfere with the right of any Interim Finance Party to arrange its affairs (Tax or otherwise) in whatever manner it thinks fit;
(ii) oblige any Interim Finance Party to investigate or claim any credit, relief, remission or repayment available to it or the extent, order and manner of any claim; or
(iii) oblige any Interim Finance Party to disclose any information relating to its affairs (tax or otherwise) or any computations in respect of Tax.
