Examples of Company Shareholder Representative in a sentence
Parent will have twenty (20) calendar days after its receipt of the Notice of Claim to investigate the matter or circumstance alleged to give rise to the Claim, and the HL Representative or Company Shareholder Representative, as applicable, shall reasonably assist such investigation by giving such information and access to Persons or records as Parent may reasonably request.
If the Company Shareholder Representative approves the Tax Returns, then Glorious shall file or cause to be filed such Tax Returns.
If Glorious and the Company Shareholder Representative are not able to resolve their disagreement, then the dispute shall be submitted to an accountant mutually agreed to by the parties (the “Settlement Accountant”) as an expert and not an arbitrator, for resolution on at least a more-likely- than-not basis.
The Company Shareholder Representative (on behalf of the Company Shareholders) shall pay to Glorious the amount of Taxes due with respect to such Tax Returns prepared by Glorious in each case not less than five (5) days prior the date on which the applicable Tax is required to be remitted to a Governmental Authority.
If Parent rejects the Claim, it shall, within such twenty (20) calendar day period, notify the HL Representative or Company Shareholder Representative, as applicable, in writing of its rejection, specifying the factual or legal basis therefor, and Parent and the HL Representative or Company Shareholder Representative, as applicable, shall negotiate in good faith to resolve the Claim.
Glorious shall prepare, or cause to be prepared, and timely file, or cause to be timely filed, all Tax Returns of the Company that are required to be filed after the Closing Date, subject to review and approval by the Company Shareholder Representative (as defined herein), such approval not to be unreasonably withheld.
If, at any time after the Effective Time, any further action is necessary or desirable to carry out the purposes of this Agreement, the officers and directors of Parent, the Company, the Company Shareholders, and the Company Shareholder Representative will take all such lawful and necessary action.
If, within twenty (20) days after the receipt of the Tax Returns (or, in respect of sales Tax Returns, five (5) Business Days before the filing due date thereof), the Company Shareholder Representative notifies Glorious that it disputes any of the contents of the Tax Returns, then Glorious and the Company Shareholder Representative shall attempt to resolve their disagreement within five (5) days following the notification of such disagreement.