Tax Contest definition

Tax Contest means an audit, review, examination, or any other administrative or judicial proceeding with the purpose or effect of redetermining Taxes (including any administrative or judicial review of any claim for refund).

Tax Contest shall have the meaning set forth in Section 6.1.

Tax Contest means any audit, review, examination, dispute, suit, action, proposed assessment, or other administrative or judicial proceeding with respect to Taxes.

Examples of Tax Contest in a sentence

• The Controlling Party shall have the sole right to contest, litigate, compromise and settle any Tax Contest without obtaining the prior consent of the Non-Controlling Party.

• Thereafter, the indemnified Company shall deliver to the indemnifying Company such additional information with respect to such Tax Contest in its possession that the indemnifying Company may reasonably request.

• During the pendency of any Tax Contest or threatened Tax Contest, each of the Parties shall provide prompt notice to the other Party of any written communication received by it or a member of its respective Group from a Taxing Authority regarding any Tax Contest for which it is indemnified by the other Party hereunder or for which it may be required to indemnify the other Party hereunder.

• Each person serving on the Tax Contest Committee shall continue to serve unless and until he or she is replaced by the party designating such person.

• If an adjustment (a “Tax Adjustment”) pursuant to a Final Determination in a Tax Contest initiated by a Tax Authority results in a Tax greater than the Tax shown on the relevant Tax Return for any Pre-Distribution Period, the Indemnified Party shall pay to the Indemnifying Party an amount equal to any Tax Benefit as and when actually realized by such Indemnified Party as a result of such Tax Adjustment.

More Definitions of Tax Contest

Tax Contest has the meaning set forth in Section 5.11(e)(ii).

Tax Contest has the meaning set forth in Section 7.10(c).

Tax Contest shall have the meaning as set forth in the Tax Matters Agreement.

Tax Contest shall have the meaning of the definition of “Audit” as set forth in the Tax Sharing Agreement.

Tax Contest means an audit, review, examination, or any other administrative or judicial proceeding with the purpose or effect of redetermining Taxes of any of the Companies or their Affiliates (including any administrative or judicial review of any claim for refund).

Tax Contest has the meaning set forth in Section 3.10(d).

Tax Contest has the meaning specified in Section 8.6(d).