Common use of Tax Audits and Assessments Clause in Contracts

Tax Audits and Assessments. No unresolved deficiencies with respect to any Tax Returns filed by any Group Member (or any other Taxes for which any Group Member may be liable) have been proposed or assessed against or with respect to any Group Member (and there is no outstanding audit, assessment, dispute or claim concerning any material Tax liability of any Group Member pending or raised), in each case by any Governmental Authority in writing to any Group Member, except with respect to matters for which adequate reserves have been established in accordance with US GAAP.

Appears in 7 contracts

Samples: Convertible Note Purchase Agreement, Registration Rights Agreement (KKR & Co. L.P.), Convertible Note Purchase Agreement (China Cord Blood Corp)

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Tax Audits and Assessments. No unresolved deficiencies with respect to any Tax Returns returns filed by any Group Member (or any other Taxes for which any Group Member may be liable) have been proposed or assessed against or with respect to any Group Member (and there is no outstanding audit, assessment, dispute or claim concerning any material Tax liability of any Group Member pending or raised), in each case by any Governmental Authority in writing to any Group Member, except with respect to matters for which adequate reserves have been established in accordance with US GAAP.

Appears in 3 contracts

Samples: Note Subscription Agreement, Note Subscription Agreement (Cheng Zheng), Note Subscription Agreement (Cheng Zheng)

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Tax Audits and Assessments. No unresolved deficiencies with respect to any Tax Returns returns filed by any Group Target Member (or any other Taxes for which any Group Target Member may be liable) have been proposed or assessed against or with respect to any Group Target Member (and there is no outstanding audit, assessment, dispute or claim concerning any material Tax liability of any Group Target Member pending or raised), in each case by any Governmental Authority in writing to any Group Target Member, except with respect to matters for which adequate reserves have been established in accordance with US GAAP.

Appears in 1 contract

Samples: Escrow Agreement (Golden Meditech Holdings LTD)

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