Examples of Taxing Authority in a sentence
VAT by way of reverse charge then the Buyer or its designee shall so account to the relevant Taxing Authority.
Except for liens for Taxes not yet due and payable or that are being contested in good faith in appropriate proceedings and for which adequate reserves have been established in accordance with GAAP, (i) there are no liens for Taxes on any of the GE IP Assets and (ii) no claim has been made by any Taxing Authority that could give rise to any such lien.
To the extent that amounts are so deducted or withheld, (i) such withheld amounts shall be treated for all purposes of this Agreement as having been paid to such Person in respect of which such deduction and withholding was made and (ii) Buyer shall remit all such amounts to the proper Taxing Authority.
All Taxes due and owing by Sellers or with respect to the Purchased Assets or the Business (whether or not shown on any Tax Return) have been timely paid in full to the appropriate Taxing Authority.
The Parties agree that (A) this Section 4.3(a) is intended to solely address the timing and manner in which certain Tax Returns relating to Asset Taxes are filed and the Asset Taxes shown thereon are paid to the applicable Taxing Authority and (B) nothing in this Section 4.3(a) shall be interpreted as altering the manner in which Asset Taxes are allocated to and economically borne by the Parties.