Common use of Consistent Reporting Clause in Contracts

Consistent Reporting. Notwithstanding any provision of this Agreement to the contrary, unless otherwise required by a Final Determination, the Parties to this Agreement shall not take any position in any Tax Return or other document or communication submitted to any Taxing Authority inconsistent with the continued application of Installment Sale Reporting with respect to the Contingent Payments following the Assumption, including for the avoidance of doubt and without limitation any position that the Assumption constitutes a “payment” within the meaning of Regulations Section 15A.453-1(b)(3)(i) (or any position to a similar effect).

Appears in 2 contracts

Sources: Tax Indemnity Agreement (Evolus, Inc.), Tax Indemnity Agreement (Evolus, Inc.)