Examples of Tax Matters Shareholder in a sentence
The Tax Matters Shareholder shall prepare and file or cause to be prepared and filed any Tax Return required to be filed by or with respect to the Company or its Subsidiaries.
Notwithstanding any other provision of this Agreement, the Tax Matters Shareholder shall be entitled to control in all respects, and neither the Investor Member nor its Affiliates shall have the right to participate in, any Tax audits, examinations or other proceedings by any taxing authority of any Governmental Body with respect to any Tax Return of the Company or any of its Subsidiaries.
Except as otherwise provided in this Agreement, the Tax Matters Shareholder may, in its reasonable discretion, make or refrain from making any Tax elections allowed under applicable Law for the Company or any of its Subsidiaries.
The Tax Matters Shareholder shall have all of the rights, duties, powers and obligations provided for in sections 6221 through 6231 of the Code with respect to the Company.
For such time as the Company constitutes a partnership for U.S. federal income tax purposes, and Silver Lake and its affiliates in the aggregate own less than 25% of the number of Ordinary Shares owned by them immediately following the transactions contemplated by the Stock Purchase Agreement (as adjusted for share splits, reverse share splits, combinations, recapitalizations and similar transactions), the Tax Matters Shareholder shall be appointed by the Board.
The Tax Matters Shareholder shall represent the Company (at the Company's expense) in connection with all examinations of the Company's affairs by tax authorities, including resulting administrative and judicial proceedings, and may expend Company funds for professional services and costs associated therewith.
Each Shareholder agrees to cooperate with the Tax Matters Shareholder and to do or refrain from doing any or all things reasonably required by the Tax Matters Shareholder to conduct such proceedings.
Except as otherwise provided in this Agreement, the Tax Matters Shareholder may, in its sole discretion, make or refrain from making any Tax elections allowed under applicable law for the Company or any of its Subsidiaries; provided, that if an Investor Shareholder is reasonably likely to be adversely affected, the Tax Matters Shareholder shall consult with such Investor Shareholder in good faith before making or refraining from making such Tax elections.
Measuring conflict of interest and expertise on FDA Advisory Committees.
Notwithstanding any other provision of this Agreement, the Tax Matters Shareholder shall be entitled to control in all respects, and, unless an Investor Shareholder is reasonably likely to be materially adversely affected by the applicable Tax Proceeding, no Investor Shareholder or its Affiliates shall have the right to participate in, any Tax Proceeding with respect to any Tax Return of the Company or any of its Subsidiaries.