Common use of Tax Deficiencies and Audits Clause in Contracts

Tax Deficiencies and Audits. No deficiency or other proposed assessment or adjustment for any material amounts of Taxes has been assessed, asserted, proposed or, to the Knowledge of the Company, threatened by any Governmental Entity against the Company or any of its Subsidiary which deficiency or other proposed assessment or adjustment has not since been paid in full, settled or withdrawn. There are no ongoing, pending or, to the Knowledge of the Company, threatened audits, examinations, investigations or other administrative or judicial proceedings with respect to any Taxes of the Company or any of its Subsidiaries.

Tax Deficiencies and Audits. No deficiency or other proposed assessment or adjustment for any material amounts of Taxes Tax has been assessed, asserted, proposed orproposed, to the Knowledge of the Companyor threatened in writing, threatened by any Governmental Entity Taxing Authority against the Company or any of its Subsidiary Subsidiaries which deficiency or other proposed assessment or adjustment has not since been paid in full, settled or withdrawnwithdrawn and no issue giving rise to any such Tax deficiency, assessment or adjustment was of a recurring nature. There are no ongoing, pending or, to the Knowledge of the Company, or threatened audits, examinations, investigations or other administrative or judicial proceedings with respect to any Taxes of the Company or any of its Subsidiaries.