Tax Reassessments. Any reassessments by a Governmental Authority of any Tax that result solely in the shifting of any deductible charge or income of the Company or its US Subsidiary from one fiscal year to another, shall not be taken into account in the calculation of Losses, except with respect to any penalties and/or any interest for late payment relating to the transfer from one fiscal year to another.
Tax Reassessments. 30 35.3. Additional Recording Fee....................................... 30 35.4. Disbursements from Escrow...................................... 30
Tax Reassessments. Escrow Holder shall not be liable for proration of any supplemental tax bills related to this transaction which may hereafter be issued due to reassessments pursuant to the provisions of Chapter 3.5 of the Revenue & Taxation Code.
Tax Reassessments. If, at any time, Purchaser or the Corporation receives any written proposal to audit, assess or reassess, or any assessment or reassessment, that could give rise to a claim for Damages against Vendor under this Agreement (an “Assessment”), Purchaser shall or shall cause the Corporation to deliver to Vendor within 20 days of receiving the Assessment, a copy of the Assessment on the assumption that the Assessment is valid and binding.
Tax Reassessments. There are no appeals, actions, audits, assessments, reassessments, suits, proceedings, investigations or claims now subsisting against any Acquired Entity in respect of Taxes, nor are there any matters which are the subject of any agreement with any Taxing Authority relating to claims for additional Taxes which affect any Acquired Entity, nor, to the Knowledge of Seller, are any such matters under discussion with any such Taxing Authority in respect of any period.
Tax Reassessments. Seller has received no written notice from any authority having jurisdiction over the Real Property indicating that the property taxes for the Real Property are now currently being reassessed or that any municipal betterments charges not already disclosed in writing to Purchaser or in the Title Commitment for the Real Property have been assessed against the Real Property.
Tax Reassessments. The Company is not aware of any material contingent tax liabilities of Company of any kind whatsoever or any grounds which would prompt a reassessment of Company.
