Common use of Over Provisions Clause in Contracts

Over Provisions. 3.1 If any provision for Tax in the Accounts has proved to be an over-provision then an amount equal to such over-provision (save where the over-provision has arisen as a result of an Event occurring after the date of this Agreement) (as determined and certified (in their opinion) by the auditors for the time being of the Company at the request and cost of the Seller) shall be dealt with in accordance with the terms of paragraph 3.2 of this part 4. The Buyer shall not require the said auditors to certify (in their opinion) such over-provision unless and until requested to do so in writing by the Seller.

Over Provisions. 3.1 If any provision for Tax in the Accounts has proved to be an over-provision or the amount of any repayment of Tax included (or which should have been included) in the Accounts has proved to be an understatement then an amount equal to such over-provision (save where the over-provision has arisen as a result of an Event occurring after the date of this Agreement) or understatement (as determined and certified (in their opinion) opinion by the auditors for the time being of the Company at the request and cost of the Seller) shall be dealt with in accordance with the terms of paragraph 3.2 of this part 43.2. The Buyer shall not require procure the said auditors to certify (in their opinion) such over-provision or understatement unless and until requested to do so in writing by the Seller.

Over Provisions. 3.1 If any provision for Tax in the Accounts has proved to be an over-provision then an amount equal to such over-provision (save where the over-provision has arisen as a result of an Event occurring after the date of this Agreement) (as determined and certified (in their opinion) by the auditors for the time being of the Company at the request and cost of the SellerSellers) shall be dealt with in accordance with the terms of paragraph 3.2 of this part 4. The Buyer shall not require the said auditors to certify (in their opinion) such over-provision unless and until requested to do so in writing by the SellerSellers.