Definition of Potential Successor Tax

Potential Successor Tax means any Taxes owed by the Seller with respect to which the Buyer may have successor liability.
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Examples of Potential Successor Tax in a sentence

Except as set forth in Schedule 4.15 (a) there are no current (and Seller has not received written notice of any proposed) examinations, audits, actions, proceedings, investigations, disputes, assessments or claims by or of a Tax Authority with respect to any Potential Successor Tax and (b) there are no Liens, other than Permitted Liens, for Taxes upon the Acquired Assets.