Definition of Pre-Closing Period Non-Income Tax Return


Pre-Closing Period Non-Income Tax Return means any Tax Return for Non-Income Taxes relating to a Pre-Closing Tax Period.
Sample 1

Examples of Pre-Closing Period Non-Income Tax Return in a sentence

If Buyer does not object by written notice to Seller within such time period, such Pre-Closing Period Non-Income Tax Return shall be deemed to have been accepted and agreed upon, and final and conclusive, for purposes of this Section 7.3(d).
If Buyer and Seller cannot reach agreement regarding such dispute, the dispute shall be presented to the Independent Accountant, whose determination shall be binding upon both Buyer and Seller, provided, however, that Buyer and Seller shall require the Independent Accountant to make a determination within ten (10) days but in no event later than five (5) days prior to the Due Date for the filing of such Pre-Closing Period Non-Income Tax Return.
With respect to each Pre-Closing Period Non-Income Tax Return, no later than three (3) days prior to the Due Date of such Pre-Closing Period Non-Income Tax Return, Seller shall pay to Buyer, in immediately available funds, an amount equal to the total liability for Taxes shown to be due and payable on the face of such Pre-Closing Period Non-Income Tax Return (as finally determined pursuant to this Section 7.3).
If Buyer objects to such Pre-Closing Period Non-Income Tax Return, it shall notify Seller of such disputed item (or items) (in such written notice) and the basis for its objection and Buyer and Seller shall act in good faith to resolve any such dispute as promptly as practicable.
Within ten (10) days following Buyers receipt of the draft of such Pre-Closing Period Non-Income Tax Return, Buyer shall have the right to reasonably object to such Pre-Closing Period Non-Income Tax Return (by written notice to the Seller).