Examples of Tax Settlement Auditor in a sentence
The Sellers and the Purchaser will fully cooperate with the Tax Settlement Auditor to resolve any disputed matters.
If the Tax Settlement Auditor is unable to make a determination with respect to any disputed issue within five (5) Business Days prior to the due date (including extensions) for the filing of the Tax Return in question, then WorldCom may file such Tax Return on the due date (including extensions) therefor without such determination having been made and without AOL's consent.
The determination of the taxability of such payments shall be made by the parties prior to any payment and any dispute shall be resolved by the Tax Settlement Auditor.
Unless otherwise indicated, the Tax Settlement Auditor's resolution of any disputed item under this Agreement shall in each case be reflected in a written report which will be delivered to the Purchaser and the Sellers (on the same day) as soon as reasonably practicable after the dispute was submitted to the Tax Settlement Auditor.
If such matter cannot be resolved by mutual agreement prior to the due date (with extensions) for the filing of the pertinent Tax Return, then the Tax Return shall be filed on a timely basis by the party responsible for the filing of such Tax Return in accordance with Sections 5.9(b) or (c) of this Agreement, and the other party shall be entitled to submit the matter to the Tax Settlement Auditor, whose resolution of such matter shall be binding on both parties.
The fees and expenses of the Tax Settlement Auditor shall be paid one-half by WorldCom, on the one hand, and one-half by AOL, on the other.
Any dispute that cannot be resolved by Skandia America and the Purchaser shall be resolved by the Tax Settlement Auditor, whose resolution of such dispute shall be binding on both parties.
Notwithstanding the filing of such Tax Return, the Tax Settlement Auditor shall make a determination with respect to any disputed issue, and the amount of Taxes that are allocated to AOL pursuant to Section 6.2(c) or Section 6.2(a)(v), as the case may be, shall be as determined by the Tax Settlement Auditor.
The payment required by this Section 5.9(f) shall be paid within five (5) Business Days after the first to occur of (i) Skandia America's consent to the Purchaser's computation of the Short Period Tax and the Estimated Tax Payments and (ii) the final resolution by the Tax Settlement Auditor of any dispute between the parties concerning the computation of the Short Period Tax and/or the Estimated Tax Payments.
The Tax Settlement Auditor's resolution of any dispute will be final and binding upon the Sellers and the Purchaser and the Sellers and the Purchaser will each pay one-half of the fees and expenses of the Tax Settlement Auditor.