Certiorari Proceeding Sample Clauses
A Certiorari Proceeding clause defines the process by which a higher court reviews the decision of a lower court at its discretion. Typically, this clause outlines the conditions under which a party may petition for certiorari, the timeline for filing such a petition, and any limitations on the issues that can be raised. Its core function is to provide a structured mechanism for appellate review, ensuring that only significant legal questions or errors are considered by the higher court, thereby promoting judicial efficiency and consistency in the application of the law.
Certiorari Proceeding. Any refunds with respect to --------------------- certiorari proceedings for tax years prior to and including the current tax year shall belong to Seller and Seller may continue with and control such proceedings, provided that if any portion of a refund is received by Seller which relates to any period after the Closing, such portion shall be delivered to Purchaser. After the Review Period, Seller shall keep Purchaser advised of the status of any certiori proceedings which relate to the current tax year or could affect the taxes due for a subsequent tax year and Purchaser shall have the right to participate in and approve tax settlements of such certiori proceedings which relate to the current tax year, which settlements shall not be effective without Purchaser's prior written approval.