Tax Matters: Books and Records. (a) The books and records, financial and others, of Holdings are in all material respects complete and correct and have been maintained in accordance with good business accounting practices; and
(b) Holdings has no liabilities with respect to the payment of any country, federal, state, county, or local taxes (including any deficiencies, interest or penalties).
(c) Holdings shall remain responsible for all debts incurred by Holdings prior to the date of closing.
Tax Matters: Books and Records. (a) The books and records, financial and others, of Issuer are in all material respects complete and correct and have been maintained in accordance with good business accounting practices.
(b) Issuer has no liabilities with respect to the payment of any country, federal, state, county, or local taxes (including any deficiencies, interest or penalties).
(c) Issuer shall pay or otherwise resolve and eliminate all outstanding liabilities of Issuer at or prior to Closing.
Tax Matters: Books and Records. (a) The books and records, financial and others, of Signet are in all material respects complete and correct and have been maintained in accordance with good business accounting practices; and
(b) Signet has no liabilities with respect to the payment of any country, federal, state, county, or local taxes (including any deficiencies, interest or penalties).
(c) Signet shall remain responsible for all debts incurred by Signet prior to the date of closing.
Tax Matters: Books and Records. (a) The books and records, financial and others, of Artcraft are in all material respects complete and correct and have been maintained in accordance with good business accounting practices; and
(b) Artcraft has no liabilities with respect to the payment of any country, federal, state, county, or local taxes (including any deficiencies, interest or penalties).
(c) Artcraft shall remain responsible for all debts incurred by Artcraft prior to the date of closing.
Tax Matters: Books and Records. (a) The books and records, financial and others, of IGC are in all material respects complete and correct and have been maintained in accordance with good business accounting practices; and
(b) IGC has no Undisclosed statutory liabilities including Undisclosed tax liabilities with respect to the payment of any country, federal, state, county, or local taxes.
Tax Matters: Books and Records. (a) The books and records, financial and others, of PCLP are in all material respects complete and correct and have been maintained in accordance with good business accounting practices; and
(b) PCLP has no liabilities with respect to the payment of any country, federal, state, county, or local taxes (including any deficiencies, interest or penalties).
(c) Prior to or at the time of the closing, PCLP shall satisfy all outstanding liabilities, debts, expenses and unpaid taxes, including those set forth in Schedule 1.4, from the cash proceeds of the closing of PCLP.
Tax Matters: Books and Records. (a) The books and records, financial and others, of MODENA are in all material respects complete and correct and have been maintained in accordance with good business accounting practices; and
(b) MODENA has no liabilities with respect to the payment of any country, federal, state, county, or local taxes (including any deficiencies, interest or penalties).
(c) MODENA shall remain responsible for all debts incurred by MODENA prior to the date of closing.
Tax Matters: Books and Records. (a) The books and records, financial and others, of Asturias are in all material respects complete and correct and have been maintained in accordance with good business accounting practices; and
(b) Asturias has no liabilities with respect to the payment of any country, federal, state, county, or local taxes (including any deficiencies, interest or penalties).
(c) Asturias shall remain responsible for all debts incurred by Asturias prior to the date of closing.
Tax Matters: Books and Records. (a) The books and records, financial and others, of ASAH are in all material respects complete and correct and have been maintained in accordance with good business accounting practices; and
(b) ASAH has no liabilities with respect to the payment of any country, federal, state, county, or local taxes (including any deficiencies, interest or penalties).
(c) ASAH shall remain responsible for all debts incurred by ASAH prior to the date of closing.
Tax Matters: Books and Records. (a) The books and records, financial and others, of King Capital are in all material respects complete and correct and have been maintained in accordance with good business accounting practices; and
(b) King Capital has no liabilities with respect to the payment of any country, federal, state, county, or local taxes (including any deficiencies, interest or penalties).
(c) King Capital shall remain responsible for all debts incurred by King Capital prior to the date of closing.
