Common use of Tax Clearance Certificates Clause in Contracts

Tax Clearance Certificates. Consumers shall use commercially reasonable efforts to obtain a tax clearance certificate in each state where Consumers pays taxes, and, in the event that such tax clearance certificates may not be obtained prior to the Closing, Consumers shall provide LaSalle or CAC a ledger account of taxes owed and paid in each such state where ledger account information is available.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Consumers Financial Corp), Agreement and Plan of Merger (Consumers Financial Corp)

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Tax Clearance Certificates. Consumers shall use commercially reasonable efforts to obtain have received tax clearance certificates in each state in which Consumers pays taxes and in which such a tax clearance certificate in each state where Consumers pays taxesis obtainable, and, in the event that such tax clearance certificates may not be obtained prior to the Closing, Consumers shall provide LaSalle or CAC with a ledger account of taxes owed and paid in each such state where ledger account information is available.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Consumers Financial Corp), Agreement and Plan of Merger (Consumers Financial Corp)

Tax Clearance Certificates. Consumers shall use commercially reasonable efforts to obtain have received tax -------------------------- clearance certificates in each state in which Consumers pays taxes and in which such a tax clearance certificate in each state where Consumers pays taxesis obtainable, and, in the event that such tax clearance certificates may not be obtained prior to the Closing, Consumers shall provide LaSalle or CAC with a ledger account of taxes owed and paid in each such state where ledger account information is available.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Consumers Financial Corp)

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Tax Clearance Certificates. Consumers shall use commercially -------------------------- reasonable efforts to obtain a tax clearance certificate in each state where Consumers pays taxes, and, in the event that such tax clearance certificates may not be obtained prior to the Closing, Consumers shall provide LaSalle or CAC a ledger account of taxes owed and paid in each such state where ledger account information is available.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Consumers Financial Corp)

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