Tax Records definition
Examples of Tax Records in a sentence
If, prior to the Retention Date, a Company reasonably determines that any Tax Records which it would otherwise be required to preserve and keep under this Section 9 are no longer material in the administration of any matter under the Code or other applicable Tax Law and the other Company agrees in writing, then such first Company may dispose of such Tax Records upon 90 days’ prior written notice to the other Company.
Notwithstanding anything to the contrary set forth in this Section 7.04, Tax Records in the Information shall be retained in compliance with any additional retention protocols set forth in the TMA and, in case of conflict, the TMA shall prevail.
After the Retention Date, each Company may dispose of such Tax Records.
At any time after the IPO Effective Date when the SplitCo Group proposes to destroy any Tax Records, SplitCo shall first notify Medtronic in writing, and the Medtronic Group shall be entitled to receive, at the cost and expense of the Medtronic Group, such records or documents proposed to be destroyed.