Common use of Preparations and Filing of Tax Returns Clause in Contracts

Preparations and Filing of Tax Returns. The Seller is required to prepare and file any and all income or other tax returns applicable to the Escrow Account with the IRS and all required state and local departments of revenue in all years income is earned in any particular tax year to the extent required under the provisions of the Code.

Appears in 3 contracts

Samples: Asset Purchase Agreement, License Agreement (Media Sciences International Inc), Assignment and Assumption Agreement (Kemet Corp)

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Preparations and Filing of Tax Returns. The Seller Buyer is required to prepare and file any and all income or other tax returns applicable to the Escrow Account with the IRS and all required state and local departments of revenue in all years income is earned in any particular tax year to the extent required under the provisions of the Code.

Appears in 1 contract

Samples: Purchase Agreement (Churchill Downs Inc)

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