Common use of Income Tax Liability Clause in Contracts

Income Tax Liability. Within ten Business Days after the receipt of revenue agent reports or other written proposals, determinations or assessments of the Internal Revenue Service or any other taxing authority which propose, determine or otherwise set forth positive adjustments to the Tax liability of any Affiliated group (within the meaning of Section 1504(a)(l) of the Internal Revenue Code of 1986 (as amended from time to time)) which equal or exceed $1,000,000 in the aggregate, telephonic, telex or telecopy notice (confirmed in writing within five Business Days) specifying the nature of the items giving rise to such adjustments and the amounts thereof;

Income Tax Liability. Within ten (10) Business Days after the receipt by a Responsible Officer of revenue agent reports or other written proposals, determinations or assessments of the Internal Revenue Service or any other taxing authority which propose, determine or otherwise set forth positive adjustments to the Tax liability of any Affiliated affiliated group (within the meaning of Section 1504(a)(l) of the Internal Revenue Code Code) of 1986 (as amended from time to time)) which Borrower is a member which equal or exceed $1,000,000 100,000 in the aggregate, telephonic, telex telephonic or telecopy facsimile notice (confirmed in writing within five (5) Business DaysDays thereafter) specifying the nature of the items giving rise to such adjustments and the amounts thereof;

Income Tax Liability. Within ten (10) Business Days after the receipt of revenue agent reports or other written proposals, determinations or assessments of the Internal Revenue Service or any other taxing authority which propose, determine or otherwise set forth positive adjustments to the Tax tax liability of any “Affiliated group Group” (within the meaning of Section 1504(a)(l) of the Internal Revenue Code of 1986 (as amended from time to time)Code) which equal or exceed twenty-five thousand dollars ($1,000,000 in 25,000) with respect to the aggregateTransferor or the Trust, telephonic, telex telephonic or telecopy emailed notice (confirmed in writing within five (5) Business Days) specifying the nature of the items giving rise to such adjustments and the amounts thereof;.

Income Tax Liability. Within ten Business Days after the receipt of revenue agent reports or other written proposals, determinations or assessments of the Internal Revenue Service or any other taxing authority which propose, determine or otherwise set forth positive adjustments to the Tax liability of any Affiliated affiliated group (within the meaning of Section 1504(a)(l) of the Internal Revenue Code Code) of 1986 (as amended from time to time)) which Borrower is a member which equal or exceed $1,000,000 100,000 in the aggregate, telephonic, telex telephonic or telecopy facsimile notice (confirmed in writing within five Business DaysDays thereafter) specifying the nature of the items giving rise to such adjustments and the amounts thereof;

Income Tax Liability. Within ten Business Days after the receipt of revenue agent reports or other written proposals, determinations or assessments of the Internal Revenue Service or any other taxing authority which propose, determine or otherwise set forth positive adjustments to the Tax liability of any Affiliated group (within the meaning of Section 1504(a)(l) of the Internal Revenue Code of 1986 (as amended from time to time)) which equal or exceed $1,000,000 in the aggregate, telephonic, telex telephonic or telecopy facsimile notice (confirmed in writing within five Business Days) specifying the nature of the items giving rise to such adjustments and the amounts thereof;

Income Tax Liability. Within ten (10) Business Days after the receipt of revenue agent reports or other written proposals, determinations or assessments of the Internal Revenue Service or any other taxing authority which propose, determine or otherwise set forth positive adjustments to the Tax liability of any Affiliated group (within the meaning of Section 1504(a)(l) of the Internal Revenue Code of 1986 (as amended from time to time)) which equal or exceed $1,000,000 in the aggregate, telephonic, telex or telecopy notice (confirmed in writing within five (5) Business Days) specifying the nature of the items giving rise to such adjustments and the amounts thereof;

Income Tax Liability. Within ten (10) Business Days after the receipt by a Responsible Officer of revenue agent reports or other written proposals, determinations or assessments of the Internal Revenue Service or any other taxing authority which propose, determine or otherwise set forth positive adjustments to the Tax liability of any Affiliated affiliated group (within the meaning of Section 1504(a)(l) of the Internal Revenue Code Code) of 1986 (as amended from time to time)) which it is a member which equal or exceed $1,000,000 100,000 in the aggregate, telephonic, telex telephonic or telecopy facsimile notice (confirmed in writing within five (5) Business DaysDays thereafter) specifying the nature of the items giving rise to such adjustments and the amounts thereof;

Income Tax Liability. Within ten Business Days after the receipt of revenue agent reports or other written proposals, determinations or assessments of the Internal Revenue Service or any other taxing authority which propose, determine or otherwise set forth positive adjustments to the Tax liability of any Affiliated affiliated group (within the meaning of Section 1504(a)(l1 504(a)(l) of the Internal Revenue Code Code) of 1986 (as amended from time to time)) which Borrower is a member which equal or exceed $1,000,000 100,000 in the aggregate, telephonic, telex telephonic or telecopy facsimile notice (confirmed in writing within five Business DaysDays thereafter) specifying the nature of the items giving rise to such adjustments and the amounts thereof;

Income Tax Liability. Within ten (10) Business Days after the receipt of revenue agent reports or other written proposals, determinations or assessments of the Internal Revenue Service IRS or any other taxing authority which propose, determine or otherwise set forth positive adjustments to the Tax liability of, or assess or propose the collection of any Affiliated group (within Taxes required to have been withheld by, the meaning of Section 1504(a)(l) of Borrower or the Internal Revenue Code of 1986 (as amended from time to time)) Taxable Entity which equal or exceed $1,000,000 in the USActive 37382726.29 83 aggregate, telephonic, telex telephonic or telecopy facsimile notice (confirmed in writing within five (5) Business Days) specifying the nature of the items giving rise to such adjustments and the amounts thereof;

Income Tax Liability. Within ten (10) Business Days after the receipt of revenue agent reports or other written proposals, determinations or assessments of the Internal Revenue Service or any other taxing authority which propose, determine or otherwise set forth positive adjustments to the Tax liability of any Affiliated group (within the meaning of Section 1504(a)(l) of the Internal Revenue Code of 1986 (as amended from time to time)) which equal or exceed $1,000,000 in the aggregate, telephonic, telex telephonic or telecopy facsimile notice (confirmed in writing within five (5) Business Days) specifying the nature of the items giving rise to such adjustments and the amounts thereof;