Common use of Provision For Taxes Clause in Contracts

Provision For Taxes. The provision made for Taxes on the Recent Oakmont Balance Sheet is sufficient for the payment of all Taxes (and any interest and penalties) and assessments, whether or not disputed at the date of the Recent Oakmont Balance Sheet, and for all years and periods prior thereto. Since the date of the Recent Oakmont Balance Sheet, Oakmont has not incurred any Taxes other than Taxes incurred in the ordinary course of business consistent in type and amount with past practices of Oakmont.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Oakmont Acquisition Corp.), Agreement and Plan of Merger (Brooke Corp), Agreement and Plan of Merger (Oakmont Acquisition Corp.)

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