Seller Prepared Tax Return definition

Seller Prepared Tax Return has the meaning set forth in Section 11.1(a).

Seller Prepared Tax Return has the meaning ascribed to it in Section 8.1(b).

Seller Prepared Tax Return has the meaning set forth in Section 5.06(b)(i).

Examples of Seller Prepared Tax Return in a sentence

• The Sellers’ Representative shall consider any such reasonable comments of Buyer with respect to such Seller Prepared Tax Returns in good faith and Buyer shall file or cause to be filed such Seller Prepared Tax Return.

• Within fifteen (15) days following Buyer’s receipt of any Seller Prepared Tax Return, Buyer shall notify the Sellers’ Representative in writing with any comments to such Seller Prepared Tax Return.

• At least ten (10) days prior to the filing of any Seller Prepared Tax Return, the Seller shall submit, or shall cause to be submitted a draft of such Tax Return to Purchaser (together with schedules, statements, and supporting documentation) for its review, comment, and approval.

• At least thirty (30) days prior to the date (including extensions) on which any such Seller Prepared Tax Return is due, the Sellers shall submit such Seller Prepared Tax Return (together with, to the extent reasonably requested by Boxlight Group, supporting documentation) to Boxlight Group for its review and comment.

• Seller shall deliver any such Tax Returns to Buyer for its review at least thirty (30) days prior to the due date for filing such Seller Prepared Tax Return.

More Definitions of Seller Prepared Tax Return

Seller Prepared Tax Return has the meaning set forth in Section 5.4(a).

Seller Prepared Tax Return has the meaning Section 5.10(a)(i) specifies.

Seller Prepared Tax Return has the meaning set forth in Section 2.3(b). “Solvent ” means, at any time with respect to any Person, on the applicable date of determination, such Person (a) is able to pay its debts as they mature and has (and has a reasonable basis to believe it will continue to have) sufficient capital (and not unreasonably small capital) to carry on its business consistent with its practices as of the Closing Date, and (b) the assets and properties of such Person at a fair valuation (and including as assets for this purpose at a fair valuation all rights of subrogation, contribution or indemnification arising pursuant to any guarantees given by such Person) are greater than the Indebtedness of such Person, and including subordinated and contingent liabilities computed at the amount which, such Person has a reasonable basis to believe, represents an amount which can reasonably be expected to become an actual or matured liability (and including as to contingent liabilities arising pursuant to any guarantee the face amount of such liability as reduced to reflect the probability of it becoming a matured liability). 36

Seller Prepared Tax Return means any U.S. federal, state, local or non-U.S. Tax Return for any taxable period of any Company Group Member ending on or before the Closing Date which is due (giving effect to any permitted extensions) after the Closing Date (i) with respect to which such entity (x) is treated as an “S corporation,” as that term is defined in Section 1361(a) of the Code, or as a partnership for U.S. federal income Tax purposes or (y) is otherwise treated as a pass through entity for state, local, or non-U.S. income Tax purposes, or (ii) which constitutes an income, franchise or excise Tax Return of such Company Group Member with respect to which the expected Tax shown on such Tax Return for such period exceeds $1,000.

Seller Prepared Tax Return has the meaning set forth in Section 10.03(b).

Seller Prepared Tax Return shall have the meaning set forth in Section 9.2(a) “Settlement Date” shall have the meaning set forth in Section 2.2(b)(ii)(C)

Seller Prepared Tax Return shall have the meaning set forth in Section 14.1(b).