Tax Periods Ending on or Before the IPO Closing Date. Parent shall prepare or cause to be prepared and file or cause to be filed all returns, declarations, reports, claims for refund, or information returns or statements relating to Taxes, including any schedule, attachment, or amendment thereto ("Tax Returns") for the Company (including any of its subsidiaries) for all periods ending on or prior to the IPO Closing Date which are filed after the IPO Closing Date. Parent shall permit Shareholder and Rayden to review and comment on each such Tax Return described in the preceding sentence prior to filing and shall make such revisions to such Tax Returns as are reasonably requested by Shareholder and Rayden. Shareholder and Rayden shall reimburse Parent for Taxes of the Company (including any of its subsidiaries) with respect to periods prior to December 31, 1997, within fifteen (15) days after payment by Parent or the Company (including any of its subsidiaries) of such Taxes to the extent such Taxes are not reflected in the reserve for Tax liability (other than any reserve for deferred Taxes established to reflect timing differences between book and Tax income) shown on the face of the Company Financial Statements.
Appears in 1 contract
Samples: Agreement and Plan of Exchange (Brightstar Information Technology Group Inc)
Tax Periods Ending on or Before the IPO Closing Date. Parent Buyer shall prepare or cause to be prepared and file or cause to be filed all returns, declarations, reports, claims for refund, or information returns or statements relating to Taxes, including any schedule, attachment, or amendment thereto ("Tax Returns") for the Company (including any of and its subsidiaries) Subsidiaries for all periods ending on or prior to the IPO Closing Date which are filed after the IPO Closing Date. Parent Buyer shall permit Shareholder and Rayden Sellers to review and comment on each such Tax Return described in the preceding sentence prior to filing and shall make such revisions to such Tax Returns as are reasonably requested by Shareholder and RaydenSellers. Shareholder and Rayden Sellers shall reimburse Parent Buyer for Taxes of the Company (including any of and its subsidiaries) Subsidiaries with respect to such periods prior to December 31, 1997, within fifteen (15) days after payment by Parent Buyer or the Company (including any of and its subsidiaries) Subsidiaries of such Taxes to the extent such Taxes are not reflected in the reserve for Tax liability Liability (other than any reserve for deferred Taxes established to reflect timing differences between book and Tax income) shown on the face of the Company Financial Statements.
Appears in 1 contract
Samples: Merger Agreement (Transcoastal Marine Services Inc)
Tax Periods Ending on or Before the IPO Closing Date. Parent shall prepare or cause to be prepared and file or cause to be filed all returns, declarations, reports, claims for refund, or information returns or statements relating to Taxes, including any schedule, attachment, or amendment thereto ("Tax Returns") for the Company (including any of its subsidiaries) for all periods ending on or prior to the IPO Closing Date which are filed after the IPO Closing Date. Parent shall permit Shareholder and Rayden Shareholders to review and comment on each such Tax Return described in the preceding sentence prior to filing and shall make such revisions to such Tax Returns as are reasonably requested by Shareholder and RaydenShareholders. Shareholder and Rayden Shareholders shall reimburse Parent for Taxes of the Company (including any of its subsidiaries) with respect to periods prior to December 31, 1997, within fifteen (15) days after payment by Parent or the Company (including any of its subsidiaries) of such Taxes to the extent such Taxes are not reflected in the reserve for Tax liability (other than any reserve for deferred Taxes established to reflect timing differences between book and Tax income) shown on the face of the Company Financial Statements.
Appears in 1 contract
Samples: Agreement and Plan of Exchange (Brightstar Information Technology Group Inc)
Tax Periods Ending on or Before the IPO Closing Date. Parent shall prepare or cause to be prepared and file or cause to be filed all returns, declarations, reports, claims for refund, or information returns or statements relating to Taxes, including any schedule, attachment, or amendment thereto ("Tax Returns") for the Company (including any of its subsidiaries) for all periods ending on or prior to the IPO Closing Date which are filed after the IPO Closing Date. Parent shall permit Shareholder and Rayden Shareholders to review and comment on each such Tax Return described in the preceding sentence prior to filing and shall make such revisions to such Tax Returns as are reasonably requested by Shareholder and RaydenShareholders. Shareholder and Rayden Shareholders shall reimburse Parent for Taxes of the Company (including any of its subsidiaries) with respect to such periods prior to December 31, 1997, within fifteen (15) days after payment by Parent or the Company (including any of its subsidiaries) of such Taxes to the extent such Taxes are not reflected in the reserve for Tax liability (other than any reserve for deferred Taxes established to reflect timing differences between book and Tax income) shown on the face of the Company Financial Statements.
Appears in 1 contract
Samples: Agreement and Plan of Exchange (Brightstar Information Technology Group Inc)