Taxing Authority definition
Examples of Taxing Authority in a sentence
Notwithstanding anything in this Agreement to the contrary, in the event that any such Specified Tax Refund attributable to a Pre-Closing Tax Period is subsequently determined by any Taxing Authority or Governmental Entity to be less than the amount paid by Parent to the Stockholders, the Stockholders shall promptly return any such disallowed amounts (plus any interest in respect of such disallowed refunds owed to the Taxing Authority or Governmental Entity) to Parent.
If the Purchaser so deducts or withholds amounts payable to any Person and pays such amounts to the appropriate Taxing Authority, such amounts shall be treated for all purposes of this Agreement as having been paid to such Person in respect of which the Purchaser made such deduction and withholding.