Common use of Tax Clearance Certificates Clause in Contracts

Tax Clearance Certificates. The Buyer shall use reasonable efforts to provide or obtain from any taxing authority any certificate, permit, license, or other document necessary to mitigate, reduce or eliminate any Taxes (including additions thereto or interest and penalties thereon) that otherwise would be imposed with respect to the transactions contemplated in this Agreement.

Appears in 3 contracts

Samples: Asset Sales Agreement (Orion Power Holdings Inc), Asset Sales Agreement (NRG Energy Inc), Asset Sales Agreement (Somerset Power LLC)

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Tax Clearance Certificates. The Buyer shall use reasonable efforts to provide or obtain from any taxing authority any certificate, permit, license, or other document necessary to mitigate, reduce or eliminate any Taxes (including additions thereto or interest and penalties thereon) that otherwise would be imposed with respect to the transactions contemplated in by this Agreement.

Appears in 2 contracts

Samples: Acquisition Agreement (Allegheny Energy Inc), Acquisition Agreement (Monongahela Power Co /Oh/)

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Tax Clearance Certificates. The Buyer shall use reasonable -------------------------- efforts to provide or obtain from any taxing authority any certificate, permit, license, or other document necessary to mitigate, reduce or eliminate any Taxes (including additions thereto or interest and penalties thereon) that otherwise would be imposed with respect to the transactions contemplated in by this Agreement.

Appears in 1 contract

Samples: Acquisition Agreement (Allegheny Energy Inc)

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