Tax Indemnification Procedures. (i) If a notice of deficiency, proposed adjustment, adjustment, assessment, audit, examination or other administrative or court proceeding, suit, dispute or other claim (a “Tax Claim”) shall be delivered or sent to or commenced or initiated against any Acquired Company by any Tax authority with respect to Taxes or Tax Returns of any Acquired Company for which Buyer may reasonably be entitled to indemnification from Seller pursuant to Section 4.15, Buyer shall promptly notify Seller in writing of the Tax Claim.
Appears in 3 contracts
Samples: Purchase Agreement (S.D. Shepherd Systems, Inc.), Purchase Agreement (S.D. Shepherd Systems, Inc.), Purchase Agreement (Cendant Corp)
Tax Indemnification Procedures. (i) If a notice of deficiency, proposed adjustment, adjustment, assessment, audit, examination or other administrative or court proceeding, suit, dispute or other claim (a “Tax Claim”“) shall be delivered or sent to or commenced or initiated against any Acquired Company by any Tax authority with respect to Taxes or Tax Returns of any Acquired Company for which Buyer Parent may reasonably be entitled to indemnification from Seller pursuant to Section 4.155.11(e), Buyer Parent shall promptly notify Seller the Stockholder Representatives in writing of the Tax Claim.
Appears in 1 contract
Samples: Agreement and Plan of Merger (S.D. Shepherd Systems, Inc.)
