Seller Refunds definition
Examples of Seller Refunds in a sentence
Buyer shall, upon Sellers’ Representative’s reasonable request and at the sole expense of Sellers, obtain any Seller Refunds.
Any Seller Refunds payable to the JV Company Holders pursuant to this Section 6.10(k) shall be paid to the JV Company Holder that transferred the applicable Purchased Equity Interests of the Purchased Company (or the Purchased Subsidiary thereof) to which such Seller Refund is attributable.
The Purchaser and the Company agree to promptly pay the Seller any Seller Refunds received by, or credited to, the Purchaser or the Company.
The Buyer shall, or shall cause its Affiliates to, forward to the Seller Representative, on behalf of the Sellers, any Seller Refunds within five days after such refund is received or in the case of a credit within five days after the credit is allowed or applied against other Income Tax liabilities.
Any refunds or credits of Taxes received or credited to WIS attributable to any period or portion thereof ending on or before October 1, 2000 shall be for the benefit of Sellers ("Seller Refunds"), and the Purchaser shall cause WIS to pay over to Sellers such refunds; provided, however, that no Seller Refunds shall arise as a result of a carryback of a Tax attribute from a taxable period ending after the Closing Date to a taxable period ending on or prior to the Closing Date.
Buyer shall be entitled to all refunds other than Seller Refunds.