Common use of Tax Deficiencies Clause in Contracts

Tax Deficiencies. The Company shall not permit to exist any Tax deficiencies (including penalties and interest) of any kind assessed against or relating to the Company with respect to any taxable periods ending on or before, or including, the Closing Date of a character or nature that could reasonably be expected to result in Liens (other than Permitted Liens) or claims on any of the Purchased Assets or on Buyer’s title or use of the Purchased Assets following the Closing or that would reasonably be expected to result in any claim against Buyer.

Tax Deficiencies. The Company shall not permit to exist any Tax deficiencies (including penalties and interest) of any kind assessed against or relating to the Company with respect to any taxable periods Taxable Periods ending on or before, or including, the Closing Date of a character or nature that could reasonably be expected to result in Liens (other than Permitted Liens) liens or claims on any of the Purchased Transferred Assets or on Buyerthe Purchaser’s title or use of the Purchased Transferred Assets following the Closing Date or that would reasonably be expected to result in any claim against Buyeror Liability of the Purchaser.

Tax Deficiencies. The Company shall not permit to exist any Tax deficiencies (including penalties and interest) of any kind assessed against or relating to the Company with respect to any taxable periods ending on or before, or including, the Pre-Closing Date Tax Period of a character or nature that could reasonably be expected to result in Liens (other than Permitted Liens) or claims on any of the Purchased Assets assets of the Company or on Buyer’s title or use of the Purchased Assets assets of the Company following the Closing or that would reasonably be expected to result in any claim against Buyer.

Tax Deficiencies. The Company shall not permit to exist any Tax deficiencies (including penalties and interest) of any kind assessed against or relating to the Company Acquired Assets with respect to any taxable periods ending on or before, or including, the Pre-Closing Date Tax Period of a character or nature that could would reasonably be expected to result in Liens (other than Permitted Liens) or claims on any of the Purchased Acquired Assets or on Buyerthe Purchaser’s title or use of the Purchased Assets such assets following the Closing or that would reasonably be expected to result in any claim against Buyerthe Purchaser.