Common use of Tax Returns and Audits Clause in Contracts

Tax Returns and Audits. All required federal, state and local tax ---------------------- returns or appropriate extension requests of the Company have been filed, and all federal, state and local taxes required to be paid with respect to such returns have been paid or provision for the payment thereof has been made. The Company is not delinquent in the payment of any such tax or in the payment of any assessment or governmental charge. The Company has not received notice of any tax deficiency proposed or assessed against it, and it has not executed any waiver of any statute of limitations on the assessment or collection of any tax. None of the Company's tax returns have been audited by governmental authorities in a manner to bring such audits to the Company's attention. The Company does not have any tax liabilities except those incurred in the ordinary course of business since January 1, 2003.

Appears in 4 contracts

Samples: Unit Purchase Agreement (Rapidtron Inc), Convertible Note and Warrant Purchase Agreement (Rapidtron Inc), Convertible Note and Warrant Purchase Agreement (Rapidtron Inc)

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Tax Returns and Audits. All required federal, state and local tax ---------------------- returns or appropriate extension requests of the Company have been filed, and all federal, state and local taxes required to be paid with respect to such returns have been paid or due provision for the payment thereof has been made. The Company is not delinquent in the payment of any such tax or in the payment of any assessment or governmental charge. The Company has not received notice of any tax deficiency proposed or assessed against it, and it has not executed any waiver of any statute of limitations on the assessment or collection of any tax. None The Company has not received notice that any of the Company's tax returns have has been audited by governmental authorities in a manner to bring such audits to the Company's attentionauthorities. The Company does not have any tax liabilities except those reflected on Exhibit B or those incurred in the ordinary course of business since January 1August 31, 20031999.

Appears in 2 contracts

Samples: H Power (H Power Corp), H Power (H Power Corp)

Tax Returns and Audits. All required federal, state and local tax ---------------------- returns or appropriate extension requests of the Company have been filed, and all federal, state and local taxes required to be paid with respect to such returns have been paid or provision for the payment thereof has been made. The Company is not delinquent in the payment of any such tax or in the payment of any assessment or governmental charge. The Company has not received notice of any tax deficiency proposed or assessed against it, and it has not executed any waiver of any statute of limitations on the assessment or collection of any tax. None The Company has not received notice that any of the Company's tax returns have has been audited by governmental authorities in a manner to bring such audits to the Company's attentionauthorities. The Company does not have any tax liabilities except those reflected on Exhibit D or those incurred in the ordinary course of business since January 1December 31, 20031998.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Orphan Medical Inc), Stock Purchase Agreement (Ubs Capital Ii LLC)

Tax Returns and Audits. All required federal, state and local tax ---------------------- returns or appropriate extension requests of the Company have been filed, and all federal, state and local taxes required to be paid with respect to such returns have been paid or provision for the payment thereof has been made. The Company is not delinquent in the payment of any such tax or in the payment of any assessment or governmental charge. The Company has not received notice of any tax deficiency proposed or assessed against it, and it has not executed any waiver of any statute of limitations on the assessment or collection of any tax. None The Company has not received notice that any of the Company's tax returns have has been audited by governmental authorities in a manner to bring such audits to the Company's attentionauthorities. The Company does not have any tax liabilities except those incurred in the ordinary course of business since January 1December 31, 20032000.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Orphan Medical Inc), Stock Purchase Agreement (Orphan Medical Inc)

Tax Returns and Audits. All required federal, state and local tax ---------------------- returns or appropriate extension requests of the Company have been filed, and all federal, state and local taxes required to be paid with respect to such returns have been paid or due provision for the payment thereof has been made. The Company is not delinquent in the payment of any such tax or in the payment of any assessment or governmental charge. The Company has not received notice of any tax deficiency proposed or assessed against it, and it has not executed any waiver of any statute of limitations on the assessment or collection of any tax. None of the Company's tax returns have has been audited by governmental authorities in a manner to bring such audits to the Company's attention. The Company does not have any tax liabilities except those reflected in Exhibit 3 hereto and those incurred in the ordinary course of business since January 1, 2003the Balance Sheet Date.

Appears in 1 contract

Samples: Series D Stock Purchase Agreement (Life Time Fitness Inc)

Tax Returns and Audits. All required federal, state and local tax ---------------------- returns or appropriate extension requests of the Company have been filed, and all federal, state and local taxes required to be paid with respect to such returns have been paid or due provision for the payment thereof has been made. The Company is not delinquent in the payment of any such tax or in the payment of any assessment or governmental charge. The Company has not received notice of any tax deficiency proposed or assessed against it, and it has not executed any waiver of any statute of limitations on the assessment or collection of any tax. None of the Company's tax returns have has been audited by governmental authorities in a manner to bring such audits to the Company's attentionauthorities. The Company does not have any tax liabilities except those incurred in the ordinary course of business since January 1March 31, 20031998.

Appears in 1 contract

Samples: Stock Purchase Agreement (Orphan Medical Inc)

Tax Returns and Audits. All required federal, state and local tax ---------------------- returns or appropriate extension requests of the Company have been filed, and all federal, state and local taxes required to be paid with respect to such returns have been paid or due provision for the payment thereof has been made. The Company is not delinquent in the payment of any such tax or in the payment of any assessment or governmental charge. The Company has not received notice of any tax deficiency proposed or assessed against it, and it has not executed any waiver of any statute of limitations on the assessment or collection of any tax. None of the Company's tax returns have has been audited by governmental authorities in a manner to bring such audits to the Company's attention. The Company does not have any tax liabilities except those reflected on the financial statements referred to above or those which were incurred in the ordinary course of business since January 1June 8, 20031999 and are not delinquent.

Appears in 1 contract

Samples: Lakes Gaming Inc

Tax Returns and Audits. All required federal, state and local tax ---------------------- returns or appropriate extension requests of the Company have been filed, and and, to the knowledge of the Company, all federal, state and local taxes required to be paid with respect to such returns have been paid or due provision for the payment thereof has been made. The Company is not delinquent in the payment of any such tax or in the payment of any assessment or governmental charge. The Company has not received notice of any tax deficiency proposed or assessed against it, and it has not executed any waiver of any statute of limitations on the assessment or collection of any tax. None To the knowledge of the Company's tax returns have been audited by governmental authorities in a manner to bring such audits to , the Company's attention. The Company does not have any tax liabilities except those reflected in its Periodic Reports hereto and those incurred in the ordinary course of business since January 1June 30, 20031993.

Appears in 1 contract

Samples: Stock Purchase Agreement (Mair Holdings Inc)

Tax Returns and Audits. All required federal, state and local tax ---------------------- returns or appropriate extension requests of the Company have been filed, and all federal, state and local taxes required to be paid with respect to such returns have been paid or provision for the payment thereof has been made. The Company is not delinquent in the payment of any such tax or in the payment of any assessment or governmental charge. The Company has not received notice of any – 10 – tax deficiency proposed or assessed against it, and it has not executed any waiver of any statute of limitations on the assessment or collection of any tax. None of the Company's ’s tax returns have been audited by governmental authorities in a manner to bring such audits to the Company's ’s attention. The Company does not have any tax liabilities except those incurred in the ordinary course of business since January 1, 20032005.

Appears in 1 contract

Samples: Unit Purchase Agreement (Chilco River Holdings Inc)

Tax Returns and Audits. All required federal, state and local tax ---------------------- returns or appropriate extension requests of the Company have been filed, and all federal, state and local taxes required to be paid with respect to such returns have been paid or due provision for the payment thereof has been made. The Company is not delinquent in the payment of any such tax or in the payment of any assessment or governmental charge. The Company has not received notice of any tax deficiency proposed or assessed against it, and it has not executed any waiver of any statute of limitations on the assessment or collection of any tax. None of the Company's tax returns have of the Company has been audited by governmental authorities in a manner to bring such audits to the attention of the Company's attention. The Company does not have any tax liabilities except those reflected in Exhibit 3 hereto and those incurred in the ordinary course of business since January 1, 2003the Balance Sheet Date.

Appears in 1 contract

Samples: Stock Purchase Agreement (Discus Acquisition Corp)

Tax Returns and Audits. All required federal, state and local tax ---------------------- returns or appropriate extension requests of the Company have been filed, and all federal, state and local taxes required to be paid with respect to such returns have been paid or due provision for the payment thereof has been made. The Company is not delinquent in the payment of any such tax or in the payment of any assessment or governmental charge. The Company has not received notice of any tax deficiency proposed or assessed against it, and it has not executed any waiver of any statute of limitations on the assessment or collection of any tax. None of the Company's ’s tax returns have been audited by governmental authorities in a manner to bring such audits to the Company's ’s attention. The Company does not have any tax liabilities except those incurred in the ordinary course of business since January 1July 31, 20032005 (the “Balance Sheet Date”).

Appears in 1 contract

Samples: Convertible Debenture Purchase Agreement (Wireless Ronin Technologies Inc)

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Tax Returns and Audits. All required federal, state and local tax ---------------------- returns or appropriate extension requests of the Company have been filed, and all federal, state and local taxes required to be paid with respect to such returns have been paid or provision for the payment thereof has been made. The Company is not delinquent in the payment of any such tax or in the payment of any assessment or governmental charge. The Company has not received notice of any tax deficiency proposed or assessed against it, and it has not executed any waiver of any statute of limitations on the assessment or collection of any tax. None of the Company's ’s tax returns have been audited by governmental authorities in a manner to bring such audits to the Company's ’s attention. The Company does not have any tax liabilities except those incurred in the ordinary course of business since January 1, 2003the Latest Financial Date.

Appears in 1 contract

Samples: Subscription Agreement (Viragen Inc)

Tax Returns and Audits. All required federal, state and local tax ---------------------- ------------------------- returns or appropriate extension requests of the Company have been filed, and all federal, state and local taxes required to be paid with respect to such returns have been paid or provision for the payment thereof has been made. The Company is not delinquent in the payment of any such tax or in the payment of any assessment or governmental charge. The Company has not received notice of any tax deficiency proposed or assessed against it, and it has not executed any waiver of any statute of limitations on the assessment or collection of any tax. None of the Company's tax returns have been audited by governmental authorities in a manner to bring such audits to the Company's attention. The Company does not have any tax liabilities except those incurred in the ordinary course of business since January 1, 2003.

Appears in 1 contract

Samples: Unit Purchase Agreement (Rapidtron Inc)

Tax Returns and Audits. All required federal, state and local tax ---------------------- returns or appropriate extension requests of the Company have been filed, and all federal, state and local taxes required to be paid with respect to such returns have been paid or due provision for the payment thereof has been made. The Company is not delinquent in the payment of any such tax or in the payment of any assessment or governmental charge. The Company has not received notice of any tax deficiency proposed or assessed against it, and it has not executed any waiver of any statute of limitations on the assessment or collection of any tax. None of the Company's tax returns have has been audited by governmental authorities in a manner to bring such audits to the Company's attention. The Company does not have any tax liabilities except those reflected in Exhibit 4 hereto and those incurred in the ordinary course of business since January 1, 2003the Balance Sheet Date.

Appears in 1 contract

Samples: Stock Purchase Agreement (Life Time Fitness Inc)

Tax Returns and Audits. All required federal, state and local tax ---------------------- returns or appropriate extension requests of the Company have been filed, and all federal, state and local taxes required to be paid with respect to such returns have been paid or due provision for the payment thereof has been made. The Company is not delinquent in the payment of any such tax or in the payment of any assessment or governmental charge. The Company has not received notice of any tax deficiency proposed or assessed against it, and it has not executed any waiver of any statute of limitations on the assessment or collection of any tax. None The Company has not received notice that any of the Company's tax returns have has been audited by governmental authorities in a manner to bring such audits to the Company's attentionauthorities. The Company does not have any tax liabilities except those reflected on Exhibit B or those incurred in the ordinary course of business since January 1May 31, 20031999.

Appears in 1 contract

Samples: H Power Corp (H Power Corp)

Tax Returns and Audits. All required federal, state and local income tax ---------------------- returns or appropriate extension requests of the Company have been filed, and all federal, state and local income taxes required to be paid with respect to such returns have been paid or due provision for the payment thereof has been made. The Company is not delinquent in the payment of any such tax or in the payment of any assessment or governmental charge. The Company has not received notice of any tax deficiency proposed or assessed against it, and it has not executed any waiver of any statute of limitations on the assessment or collection of any tax. None of the Company's tax returns have has been audited by governmental authorities in a manner to bring such audits to which disclosed material liability of the Company's attention. The Company does not have any tax liabilities except those incurred in the ordinary course of business since January 1, 2003the Balance Sheet Date.

Appears in 1 contract

Samples: Subscription Agreement (Interactive Intelligence Inc)

Tax Returns and Audits. All required federal, state and local tax ---------------------- returns or appropriate extension requests of the Company have been filed, and all federal, state and local taxes required to be paid with respect to such returns have been paid or due provision for the payment thereof has been made. The Company is not delinquent in the payment of any such tax or in the payment of any assessment or governmental charge. The Company has not received notice of any tax deficiency proposed or assessed against it, and it has not executed any waiver of any statute of limitations on the assessment or collection of any tax. None of the Company's ’s tax returns have been audited by governmental authorities authorities. in a manner to bring such audits to the Company's ’s attention. The Company does not have any tax liabilities except those incurred in the ordinary course of business since January 1, 2003the Balance Sheet Date.

Appears in 1 contract

Samples: Convertible Debenture Purchase Agreement (Wireless Ronin Technologies Inc)

Tax Returns and Audits. All required federal, state and local tax ---------------------- returns or appropriate extension requests of the Company have been filed, and all federal, state and local taxes required to be paid with respect to such returns have been paid or due provision for the payment thereof has been made. The Company is not delinquent in the payment of any such tax or in the payment of any assessment or governmental charge. The Company has not received notice of any tax deficiency proposed or assessed against it, and it has not executed any waiver of any statute of limitations on the assessment or collection of any tax. None of the Company's tax returns have has been audited by governmental authorities in a manner to bring such audits to the Company's attention. The Company does not not, to the best of its knowledge, have any tax liabilities except those reflected on EXHIBIT B or those which were incurred in the ordinary course of business since January 1, 2003and are not delinquent.

Appears in 1 contract

Samples: Lakes Gaming Inc

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