Common use of CONDUCT OF TAX CLAIMS Clause in Contracts

CONDUCT OF TAX CLAIMS. 8.1 If the Buyer or the Company becomes aware of a Tax Claim, the Buyer shall give or procure that notice in writing is given to the Sellers as soon as is reasonably practicable, provided that if any of the Sellers receive any Tax Claim for whatever reason, they shall notify the Buyer in writing as soon as is reasonably practicable and the Buyer shall be deemed, on receipt of such notification, to have given the Sellers notice of such Tax Claim in accordance with the provisions of this paragraph 8, provided always that the giving of such notice shall not be a condition precedent to the Sellers’ liability under this Tax Covenant.

Appears in 2 contracts

Samples: Share Purchase Agreement (Capital Markets Technologies, Inc.), Share Purchase Agreement (Capital Markets Technologies, Inc.)

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CONDUCT OF TAX CLAIMS. 8.1 6.1 If the Buyer or Buyer, the Company or a Subsidiary becomes aware of a Tax Claim, the Buyer shall give or procure that notice in writing is given to the Sellers as soon as is reasonably practicable, provided that if any of the Sellers receive any Tax Claim for whatever reason, they it shall notify the Buyer in writing as soon as is reasonably practicable and the Buyer shall be deemed, on receipt of such notification, to have given the Sellers notice of such Tax Claim in accordance with the provisions of this paragraph 86, provided always that the giving of such notice shall not be a condition precedent to the Sellers’ liability under this Tax Covenant.

Appears in 1 contract

Samples: Share Purchase Agreement (MTS Medication Technologies, Inc /De/)

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CONDUCT OF TAX CLAIMS. 8.1 9.1 If the Buyer or the Company becomes aware of a Tax Claim, the Buyer shall give or procure that notice in writing is given to the Sellers Warrantors as soon as is reasonably practicable, provided that if any of the Sellers Warrantors receive any Tax Claim for whatever reason, they shall notify the Buyer in writing as soon as is reasonably practicable and the Buyer shall be deemed, deemed on receipt of such notification, notification to have given the Sellers Warrantors notice of such Tax Claim in accordance with the provisions of this paragraph 8, 9 provided always that the giving of such notice shall not be a condition precedent to the SellersWarrantors’ liability under this Tax Covenant.

Appears in 1 contract

Samples: Agreement (Build a Bear Workshop Inc)

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