Tax and Legal Implications Sample Clauses

Tax and Legal Implications. None of the parties to this Agreement warrant any tax or legal aspects of this transaction to another party; and nothing herein, or any further information or documents to be furnished in connection with this business combination shall be construed as business, tax or legal advice to any person or shareholder. Every party or person involved in this business combination is urged to consult their own tax or legal advisors as to the tax and legal implications of this transaction.
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Tax and Legal Implications. Tax or other legal implications for the business use of the employee’s home will be based on IRS and state and local government restrictions, or the laws of the jurisdiction in which employee’s telecommuting site is located during the period of the Telecommuting Agreement. Responsibility for fulfilling obligations in this area rests solely with the employee.
Tax and Legal Implications. Tax or other legal implications for the business use of the employee’s home will be based on IRS and local government restrictions of the jurisdiction in which employee’s telecommuting site is located during the period of the Remote Work Agreement. Responsibility for fulfilling obligations in this area rests solely with the employee. Due to tax implications and employment laws that are regulated by and differ between States, Tooele City’s remote work program requires that work only be performed within the State of Utah unless pre-authorized to work outside of the State of Utah on a “temporary presence” basis commensurate with training, work meeting, similar situations. Employees may not, for example, work remotely outside of the State of Utah to care for a family member or for the convenience of the employee. This Remote Work Agreement may be terminated by the employee or the City at any time. Although efforts will be made to provide reasonable notice of termination, there may be instances when notice is not possible. Report to I.T. upon termination of the Remote Work Agreement. This is so that the I.T. can take them off Citrix, or Sonicwall VPN, and possibly free up a license for another user. The remote worker must be able to be present at his/her office/department as necessary to attend meetings, training sessions, or similar events or occurrences as scheduled by the City.
Tax and Legal Implications. Each party represents, affirms, acknowledges, and agrees that it is independently responsible for its own full knowledge and professional advice relative to the tax and legal implications of the principal terms of the proposed transaction.
Tax and Legal Implications. Tax or other legal implications for the business use of the employee’s home will be based on IRS and state and local government restrictions, or the laws of the jurisdiction in which employee’s telecommuting site is located during the period of the Telecommuting Agreement. Responsibility for fulfilling obligations in this area rests solely with the employee. Employee is also responsible for reporting any tax obligations in the foreign jurisdiction where the employee will be telecommuting, obtaining any host country authorizations to work, where applicable, and for ensuring compliance with US export control regulations that may apply to data or technology taken to the foreign jurisdiction.

Related to Tax and Legal Implications

  • No Legal Impediments The making of the Loans or the Issuance of such Letter of Credit on such date does not violate any Requirement of Law on the date of or immediately following such Loan or Issuance of such Letter of Credit and is not enjoined, temporarily, preliminarily or permanently. Each submission by the Borrower to the Administrative Agent of a Notice of Borrowing or a Swing Loan Request and the acceptance by the Borrower of the proceeds of each Loan requested therein, and each submission by the Borrower to an Issuer of a Letter of Credit Request, and the Issuance of each Letter of Credit requested therein, shall be deemed to constitute a representation and warranty by the Borrower as to the matters specified in clause (b) above on the date of the making of such Loan or the Issuance of such Letter of Credit.

  • No Legal Impediment No change shall have occurred in any law or regulations thereunder or interpretations thereof that in the reasonable opinion of any Bank would make it illegal for such Bank to make such Loan.

  • No Legal Advice from Company Subscriber acknowledges it has had the opportunity to review this Agreement and the transactions contemplated by this Agreement and the other agreements entered into between the parties hereto with Subscriber’s own legal counsel and investment and tax advisors. Except for any statements or representations of the Company made in this Agreement and the other agreements entered into between the parties hereto, Subscriber is relying solely on such counsel and advisors and not on any statements or representations of the Company or any of its representatives or agents for legal, tax or investment advice with respect to this investment, the transactions contemplated by this Agreement or the securities laws of any jurisdiction.

  • FINANCIAL IMPLICATIONS There are no budget implications. The applicant will be responsible for all costs, expenses, liabilities and obligations imposed under or incurred in order to satisfy the terms of this proposed development agreement. The administration of the proposed development agreement can be carried out within the approved 2019- 2020 budget and with existing resources.

  • No Legal Impediment to Sale No action shall have been taken and no statute, rule, regulation or order shall have been enacted, adopted or issued by any federal, state or foreign governmental or regulatory authority that would, as of the Closing Date or the Additional Closing Date, as the case may be, prevent the sale of the Shares; and no injunction or order of any federal, state or foreign court shall have been issued that would, as of the Closing Date or the Additional Closing Date, as the case may be, prevent the sale of the Shares.

  • Tax Implications Without limitation, we do not accept liability for any adverse tax implications of any Transaction whatsoever.

  • No Legal Advice From the Company The Investor acknowledges that it had the opportunity to review this Agreement and the transactions contemplated by this Agreement with his or its own legal counsel and investment and tax advisors. The Investor is relying solely on such counsel and advisors and not on any statements or representations of the Company or any of its representatives or agents for legal, tax or investment advice with respect to this investment, the transactions contemplated by this Agreement or the securities laws of any jurisdiction.

  • No Legal, Tax or Investment Advice Such Purchaser understands that nothing in this Agreement or any other materials presented by or on behalf of the Company to such Purchaser in connection with the purchase of the Shares constitutes legal, tax or investment advice. Such Purchaser has consulted such legal, tax and investment advisors as it, in its sole discretion, has deemed necessary or appropriate in connection with its purchase of the Shares.

  • No Tax or Legal Advice Such Purchaser understands that nothing in this Agreement, any other Transaction Document or any other materials presented to such Purchaser in connection with the purchase and sale of the Securities constitutes legal, tax or investment advice. Such Purchaser has consulted such legal, tax and investment advisors as it, in its sole discretion, has deemed necessary or appropriate in connection with its purchase of Securities.

  • Independent Legal and Tax Advice Optionee acknowledges that the Company has advised Optionee to obtain independent legal and tax advice regarding the grant and exercise of the Option and the disposition of any Shares acquired thereby.

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