Purchaser Prepared Returns definition
Examples of Purchaser Prepared Returns in a sentence
No failure or delay of Purchaser in delivering Purchaser Prepared Returns to Sellers’ Representative to review shall reduce or otherwise affect the obligations or liabilities of Sellers pursuant to this Agreement, except to the extent the Sellers are actually prejudiced by such failure or delay.
Unless required by applicable Law, Purchaser shall not cause or allow the Company to file any new or amended Purchaser Prepared Returns with respect to the Company without the prior written consent of the Sellers’ Representative (which shall not be unreasonably withheld, delayed, or conditioned).
Purchaser shall prepare, or cause to be prepared, all other Tax Returns of the Target Companies that are filed after the Closing Date for which are not Purchaser Prepared Returns.
Such Purchaser Prepared Returns shall be prepared in a manner consistent with past practice, except as otherwise required by applicable Law.
Purchaser shall pay or cause to be paid all Taxes shown as due and owing on such Purchaser Prepared Returns to the appropriate Governmental Authority.
Purchaser shall file or cause to be filed when due (taking into account all extensions properly obtained) all Tax Returns of the Swiss Subsidiary that are required to be filed after the Closing Date ("Purchaser Prepared Returns"), and Purchaser shall remit or cause to be remitted any Taxes due (subject to Purchaser's rights to seek indemnification from Seller pursuant to Section 11.1(a)(iii)) in respect of such Purchaser Prepared Returns.
Such cooperation shall include providing records and information that are reasonably relevant to such matters and making employees available on a mutually convenient basis to provide assistance in the preparation of the Purchaser Prepared Returns and additional information and explanation of any material provided hereunder.
The Purchaser shall provide drafts of (i) any income Purchaser Prepared Returns to the Seller at least thirty (30) days prior to the due date for filing such Purchaser Prepared Returns and (ii) non-income Purchaser Prepared Returns as soon as is reasonably practicable, to the Seller, and the Seller shall have fifteen (15) days to review and approve such draft Purchaser Prepared Returns.
Within ten (10) Business Days of Purchaser’s written request for reimbursement, Seller shall reimburse Purchaser for all reasonable third party expenses incurred in connection with preparing all income, franchise or similar Purchaser Prepared Returns for a taxable period ending on or prior to the Closing Date.
The Seller and the Purchaser shall negotiate in good faith to resolve any disputes over such Seller Prepared Returns or Purchaser Prepared Returns, as applicable, for the following fifteen (15) days after receipt by the other Party.