Tax Covenant Claim definition

Tax Covenant Claim means a claim against:

Tax Covenant Claim means a claim under the Tax Covenant;

Tax Covenant Claim means a claim under paragraph 2 of schedule 6 (Tax Covenant);

Examples of Tax Covenant Claim in a sentence

• If the same fact, matter, event or circumstance gives rise to more than one Claim, Separation Claim, Reorganisation Indemnity Claim or Tax Covenant Claim or an adjustment to the Consideration, the Buyer shall not be entitled to recover more than once in respect of the same loss.

• A Claim or a Tax Covenant Claim is connected with another Claim or Tax Covenant Claim if they all arise out of the occurrence of the same event or relate to the same subject matter.

• Tax Covenant Claim: a claim under this agreement for breach of the Tax Covenant.

• No member of the Seller Group shall be liable for damages or other payment in respect of any individual Warranty Claim or Tax Covenant Claim (or, in each case, series of related Warranty Claims or Tax Covenant Claims with respect to the same events, facts or circumstances), where the liability agreed or determined in accordance with paragraph 1.3 above in respect of such Claim(s) does not exceed an amount equal to EUR 60,000.

• Where the Purchaser is entitled to recover from any other person an amount in respect of any matter relating to a Claim (other than a Tax Covenant Claim), the Purchaser shall as soon as practicable notify the Sellers or the Relevant Seller(s) (as the case may be) in writing and take all steps as the Sellers or the Relevant Seller(s) (as the case may be) may require to enforce recovery of such amount.

More Definitions of Tax Covenant Claim

Tax Covenant Claim means a Claim by the Purchaser under Schedule 10 (Tax Covenant);

Tax Covenant Claim means a claim by the Buyer under the covenant given by the Seller in Part C of this Schedule;

Tax Covenant Claim means a claim pursuant to the covenant set out in paragraph 2.1 of Schedule 20, a Reorganisation Tax Claim and/or a Specific Tax Covenant Claim;

Tax Covenant Claim means a Claim by the Buyer against Whirlpool or Ardutch (as applicable) in respect of the relevant Tax Covenant (including, for the avoidance of doubt, a Tax Carve-Out Claim and a Special Tax Covenant Claim);

Tax Covenant Claim a claim under the covenants set out in paragraph 2 of the Tax Deed;

Tax Covenant Claim means a claim under this schedule or under the Tax Warranties;

Tax Covenant Claim has the meaning given to it in paragraph 1.1.6 of Schedule 6.