Post-Closing Taxes definition
Examples of Post-Closing Taxes in a sentence
The SpinCo Group shall be treated as using Tax Benefits attributable to the Parent Business (as determined pursuant to Section 2.02) to the extent that Tax Benefits attributable to Parent Business reduce (i) Post-Closing Taxes attributable to, and payable by, SpinCo (or its Affiliates), computed on a “with and without basis” or (ii) Taxes payable by Parent (or its Affiliates) for which SpinCo would be liable pursuant to clause (i) of Section 2.01(a), computed on a “with and without” basis.
Transfer Taxes shall be borne as allocated in Section 2.4. All refunds of any such Taxes that constitute Pre-Closing Taxes shall be for the account of the Sellers (except to the extent included in the Purchased Assets), and all refunds of any Taxes that constitute Post-Closing Taxes shall be for the account of the Buyer.
UVSG shall timely pay or cause to be paid all Taxes relating to Post-Closing Returns ("Post-Closing Taxes").
Sellers and Buyer will make available to each other and to any taxing authority, and will cause to be made available (if necessary), all information, records or documents relating to the liability or potential liability for Pre-Closing Taxes, Overlap Period Taxes and Post-Closing Taxes during normal business hours as reasonably requested.
Purchaser shall be responsible for and shall indemnify and hold harmless Seller from and against any and all Tax claims resulting from, arising out of or relating to any and all Post-Closing Taxes imposed on or incurred by APC or the Distribution Division.