Definition of Post-Closing Tax Return


Post-Closing Tax Return means any Tax Return that is required to be filed for the Sellers with respect to a Post-Closing Tax Period.

Examples of Post-Closing Tax Return in a sentence

The Party or its Subsidiary responsible under applicable Law for filing a Post-Closing Income Tax Return or a Non-Income Tax Return shall prepare and timely file or cause to be prepared and timely filed that Tax Return (at that Partys own cost and expense) and shall pay all Taxes shown to be due and payable on such Post-Closing Tax Return or Non-Income Tax Return.
The Party or its Subsidiary responsible under applicable Law for filing a Post-Closing Income Tax Return or a Non-Income Tax Return shall prepare and timely file or cause to be prepared and timely filed that Tax Return (at that Party's own cost and expense) and shall pay all Taxes shown to be due and payable on such Post-Closing Tax Return or Non-Income Tax Return.
Within 10 days after the filing of the last material Post-Closing Tax Return for U.S. federal income Taxes, if the Pre-Closing Tax Liability True-Up Amount is positive, Buyer shall pay to Seller an amount equal to Pre-Closing Tax Liability True-Up Amount.
For purposes of the definition of Pre-Closing Tax Liability True-Up Amount, any Post-Closing Tax Return showing a refund or credit of Taxes shall be treated as showing an amount of zero as due and payable and the refund or credit shall be subject to the procedure and rules set forth in Section 6.2(f).Section 6.3 Access to Information.
To the extent that any Tax Attribute Item results in a reduction of Tax Liability on any Post-Closing Tax Return (including any quarterly estimated Tax Returns) Buyer shall pay to the Stockholders Representative any Tax Benefit that is realized within ten (10) days following actual realization thereof.