Common use of Taxes and Returns Clause in Contracts

Taxes and Returns. (a) The Purchaser has or will have timely filed, or caused to be timely filed, all Tax Returns by it, which Tax Returns are true, accurate, correct and complete, and has paid, collected or withheld, or caused to be paid, collected or withheld, all Taxes required to be paid, collected or withheld, other than such Taxes for which adequate reserves in the Purchaser Financials have been established in accordance with GAAP. There are no audits, examinations, investigations or other proceedings pending against the Purchaser in respect of any Tax, and the Purchaser has not been notified in writing of any proposed Tax claims or assessments against the Purchaser (other than, in each case, claims or assessments for which adequate reserves in the Purchaser Financials have been established in accordance with GAAP or are immaterial in amount). There are no Liens with respect to any Taxes upon any of the Purchaser’s assets, other than Permitted Liens. The Purchaser has no outstanding waivers or extensions of any applicable statute of limitations to assess any material amount of Taxes. There are no outstanding requests by the Purchaser for any extension of time within which to file any Tax Return or within which to pay any Taxes shown to be due on any Tax Return.

Appears in 5 contracts

Samples: Share Exchange Agreement (Resort Savers, Inc.), Share Exchange Agreement (Abv Consulting, Inc.), Share Exchange Agreement (Lepota Inc)

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Taxes and Returns. (a) The Each of the Purchaser Parties has or will have timely filed, or caused to be timely filed, all material Tax Returns required to be filed by it, which such Tax Returns are true, accurate, correct accurate and completecomplete in all material respects, and has paid, collected or withheld, or caused to be paid, collected or withheld, all material Taxes required to be paid, collected or withheld, other than such Taxes for which adequate reserves in the Purchaser Financials have been established in accordance with GAAP. Schedule 3.10(a) sets forth each jurisdiction where the Purchaser Parties file or are required to file a Tax Return. Each of the Purchaser Parties has complied in all material respect with all applicable Laws relating to Taxes. There are no audits, examinations, investigations or other proceedings pending against the Purchaser Parties in respect of any Tax, and neither of the Purchaser Parties has not been notified in writing of any proposed Tax claims or assessments against the Purchaser it (other than, in each case, claims or assessments for which adequate reserves in the Purchaser Financials have been established in accordance with GAAP or are immaterial in amount). There are no Liens with respect to any Taxes upon any of the Purchaser’s Purchaser Parties’ assets, other than Permitted Liens. The Neither of the Purchaser Parties has no any outstanding waivers or extensions of any applicable statute of limitations to assess any material amount of Taxes. There are no outstanding requests by the Purchaser Parties for any extension of time within which to file any Tax Return or within which to pay any Taxes shown to be due on any Tax Return.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (First Light Acquisition Group, Inc.), Agreement and Plan of Merger (Edoc Acquisition Corp.)

Taxes and Returns. (a) The Purchaser has or will have timely filed, or caused to be timely filed, all Tax Returns required to be filed by it, which Tax Returns are true, accurate, correct accurate and completecomplete in all material respects, and has paid, collected or withheld, or caused to be paid, collected or withheld, all Taxes required to be paid, collected or withheld, other than in each case, except where the failure to file such Tax Returns or pay, collect or withhold such Taxes for which adequate reserves in would not reasonably be expected to have a Material Adverse Effect on the Purchaser. Schedule 3.10(a) sets forth each jurisdiction where the Purchaser Financials have been established in accordance with GAAPfiles or is required to file a Tax Return. There are no audits, examinations, investigations or other proceedings pending against the Purchaser in respect of any Tax, and the Purchaser has not been notified in writing of any proposed Tax claims or assessments against the Purchaser (other than, in each case, claims or assessments for which adequate reserves in the Purchaser Financials have been established in accordance with GAAP or are immaterial in amount). There are no Liens with respect to any Taxes upon any of the Purchaser’s assets, other than Permitted Liens. The Purchaser has no outstanding waivers or extensions of any applicable statute of limitations to assess any material amount of Taxes. There are no outstanding requests by the Purchaser for any extension of time within which to file any Tax Return or within which to pay any Taxes shown to be due on any Tax Return.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Stellar Acquisition III Inc.), Agreement and Plan of Merger (Alberton Acquisition Corp)

Taxes and Returns. (ai) The Purchaser Each current and former member of any Affiliated Group the common parent or member of which is or was the Target (each a "Taxpayer") has or will have timely filed, or caused to be timely filed, all Tax Returns required to be filed by itit with respect to the period while such a member, which Tax Returns are true, accurate, correct and completeall such returns were complete and accurate in all respects, and has paid, collected or withheld, or caused to be paid, collected or withheld, all material Taxes required to be paid, collected or withheldwithheld (whether or not shown on a Tax Return) by it with respect to such period, other than such Taxes for which adequate reserves in the Purchaser Financials Financial Statements have been established or which are being contested in accordance with GAAPgood faith. There are no audits, examinations, investigations claims or other proceedings assessments pending against the Purchaser any Taxpayer for any alleged deficiency in any Tax payable by it with respect of any Taxto such period, and neither the Purchaser Target nor its Subsidiary has not been notified in writing of any proposed Tax liens, claims or assessments against the Purchaser any Taxpayer relating to such period (other than, in each case, claims or assessments for which adequate reserves in the Purchaser Financials Financial Statements have been established or which are being contested in accordance with GAAP or are immaterial in amountgood faith). There are no Liens with respect to No Taxpayer has granted any Taxes upon any of the Purchaser’s assets, other than Permitted Liens. The Purchaser has no outstanding waivers or extensions of any applicable statute of limitations to assess any material amount Taxes in excess of Taxes$10,000 relating to such periods. There are no outstanding requests by the Purchaser any Taxpayer for any extension of time within which to file any material Tax Return relating to such period or within which to pay any material amounts of Taxes shown to be due on any Tax ReturnReturn relating to such period.

Appears in 1 contract

Samples: Escrow Agreement (Medicis Pharmaceutical Corp)

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Taxes and Returns. (a) The Purchaser has or will have timely filed, or caused to be timely filed, all material Tax Returns required to be filed by it, which such Tax Returns are true, accurate, correct accurate and completecomplete in all material respects, and has paid, collected or withheld, or caused to be paid, collected or withheld, all material Taxes required to be paid, collected or withheld, other than such Taxes for which adequate reserves in the Purchaser Financials have been established in accordance with GAAP. Schedule 3.10(a) of the Purchaser Disclosure Schedules sets forth each jurisdiction where the Purchaser files or is required to file a Tax Return. There are no audits, examinations, investigations or other proceedings pending against the Purchaser in respect of any Tax, and the Purchaser has not been notified in writing of any proposed Tax claims or assessments against the Purchaser (other than, in each case, claims or assessments for which adequate reserves in the Purchaser Financials have been established in accordance with GAAP or are immaterial in amount). There are no Liens with respect to any Taxes upon any of the Purchaser’s assets, other than Permitted Liens. The Purchaser has no outstanding waivers or extensions of any applicable statute of limitations to assess any material amount of Taxes. There are no outstanding requests by the Purchaser for any extension of time within which to file any Tax Return or within which to pay any Taxes shown to be due on any Tax Return.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Kludein I Acquisition Corp)

Taxes and Returns. (a) The Purchaser has or will have timely filed, or caused to be timely filed, all material Tax Returns required to be filed by it, which such Tax Returns are true, accurate, correct accurate and completecomplete in all material respects, and has paid, collected or withheld, or caused to be paid, collected or withheld, all material Taxes required to be paid, collected or withheld, other than such Taxes for which adequate reserves in the Purchaser Financials have been established in accordance with GAAP. Schedule 3.10(a) sets forth each jurisdiction where the Purchaser files or is required to file a Tax Return. The Purchaser has complied in all material respect with all applicable Laws relating to Taxes. There are no audits, examinations, investigations or other proceedings pending against the Purchaser in respect of any Tax, and the Purchaser has not been notified in writing of any proposed Tax claims or assessments against the Purchaser it (other than, in each case, claims or assessments for which adequate reserves in the Purchaser Financials have been established in accordance with GAAP or are immaterial in amount). There are no Liens with respect to any Taxes upon any of the Purchaser’s assets, other than Permitted Liens. The Purchaser has no outstanding waivers or extensions of any applicable statute of limitations to assess any material amount of Taxes. There are no outstanding requests by the Purchaser for any extension of time within which to file any Tax Return or within which to pay any Taxes shown to be due on any Tax Return.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Genesis Growth Tech Acquisition Corp.)

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