Pro Forma Tax Return definition
Examples of Pro Forma Tax Return in a sentence
Not later than fifteen (15) days after Seller has provided such Pro Forma Tax Return, or such shorter period as is necessary to allow for the timely filing of the Tax Return of Seller to which the Pro Forma Tax Return relates, Buyer shall notify Seller of the existence of any objection, specifying in reasonable detail the nature and basis of such objection that Buyer may have to any item set forth on such draft Pro Forma Tax Return.
At least forty-five (45) days prior to filing the Company shall notify the Stockholder of any changes it wishes to make in such Pro Forma Tax Return.
Each of such Pro Forma Tax Returns shall be provided to the Purchaser in a timely manner and no later than 60 days prior to the due date (taking into account any applicable valid extension) on which the Consolidated Tax Return relating to such Pro Forma Tax Return, is required to be filed with the proper taxing authority.
The Purchaser shall have the right at its expense, to review all work papers and procedures used to prepare each such draft Pro Forma Tax Return.
Unless the Purchaser timely objects as specified in this Section 4.6(c)(i), each such draft Pro Forma Tax Return shall be final and binding on the parties without further adjustment (the "Final Pro Forma Tax Return").
Upon resolution of all disputed items, such draft Pro Forma Tax Return shall be adjusted to reflect such resolution and shall be final and binding on the parties without further adjustment (also the "Final Pro Forma Tax Return").
If such party, within ten (10) business days after delivery of the Pro Forma Tax Returns, notifies the other party in writing that it objects to any items on any Pro Forma Tax Return, specifying with particularity any such item and stating the specific factual or legal basis for any such objection, the parties hereto shall negotiate in good faith and use their best efforts to resolve such items.
The Stockholder shall permit the Company to review and comment on each separate Company pro forma Tax Return which relates to the Company or its Subsidiaries (a "Pro Forma Tax Return") at least sixty (60) days prior to filing the consolidated, combined or unitary Tax Return to which such Pro Forma Tax Return relates.
Upon resolution of all such items, the relevant Final Pro Forma Tax Return shall be adjusted to reflect such resolution, and, as so adjusted, shall be with respect to the relevant Pro Forma Tax Return, the corresponding Final Pro Forma Tax Return, binding on the parties without further adjustment.
Purchaser shall provide any written comments to Seller not later than ten (10) days after receiving any such Pre-Closing Consolidated Return Workpapers, Pro Forma Tax Return or Pre-Closing Return and, if Purchaser does not provide any written comments within ten (10) days, Purchaser shall be deemed to have approved such Pre-Closing Consolidated Return Workpapers, Pro Forma Tax Return or Pre-Closing Return, as applicable.