VERITAS Sample Clauses

VERITAS. Since the date of the VERITAS Balance Sheet, no material Tax liability has been assessed, or to VERITAS' Knowledge proposed to be assessed, incurred or accrued (other than liabilities for Taxes arising in the ordinary course of business). To VERITAS' Knowledge, VERITAS has not received notification that any material issues have been raised (or are currently pending) by the Internal Revenue Service or any other taxing authority, including, without limitation, any sales tax authority, in connection with any of the Tax returns referred to in the first sentence of this Section 3.14, and no waivers of statutes of limitations have been given or requested with respect to Tax returns or Taxes related to the VERITAS Business. No taxing authority is currently conducting an audit of any of the aforesaid Tax returns of VERITAS or, to VERITAS' Knowledge, is about to conduct such an audit with respect to the VERITAS Business. Any deficiencies asserted or assessments (including interest and penalties) made as a result of any examination by the Internal Revenue Service or by appropriate national, state or departmental authorities of the Tax returns with respect to VERITAS have been fully paid or are adequately provided for in the VERITAS Balance Sheet except where a failure to do so would not have a Material Adverse Effect on VERITAS and to VERITAS' Knowledge no material proposed (but unassessed) additional Taxes have been asserted and no material Tax liens have been filed against VERITAS or any of the VERITAS Assets other than for Taxes not yet due and payable. None of the members of the VERITAS Group (i) has made an election to be treated as a "consenting corporation" under Section 341(f) of the Internal Revenue Code or (ii) is a "personal holding company" within the meaning of Section 542 of the Internal Revenue Code. This representation does not apply to Taxes or Tax matters relating to Taxes for which STI or SSI or any member of the Contributed Company Group is entitled to indemnification under Section 13 hereof.
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VERITAS. VERITAS DGC INC. and subsidiary and affiliated companies By:
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VERITAS. If Contractor pays Veritas directly, the following payment terms shall apply. Contractor will pay Veritas invoiced amounts within thirty
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Related to VERITAS

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