Examples of Pre-Closing Taxable Period in a sentence
In the event that Buyer receives any refund of Taxes from a taxing jurisdiction or a reimbursement of Taxes from a third-party with respect to any Pre-Closing Taxable Period, such amounts shall belong to Seller and shall be forwarded by Buyer to Seller within ten days of receipt.
Buyer shall prepare and file all Tax Returns of the Company for any Tax period ending after the Closing Date; provided, however, that not later than 30 days prior to the due date for filing of a Straddle Taxable Period Tax Return Buyer shall provide Sellers with a copy of drafts of such Tax Return and shall consider in good faith any comments from the Sellers on the portions of such Tax Return that relate to the Pre-Closing Taxable Period.
Notwithstanding the immediately preceding sentence, any Income Tax Return or Other Tax Return filed by Parent pursuant to Section 2(a)(i) with respect to any Pre-Closing Taxable Period shall be prepared consistent with Parent's past practice for the filing of such returns and shall not include any tax election that is inconsistent with past practice.
If Northern Border or any of its Affiliates (including, for this purpose, the Entities after the Closing Date) receives a refund of Taxes of the Entities with respect to a Pre-Closing Taxable Period (including any interest thereon), or in lieu thereof a credit against Taxes, Northern Border shall pay (or cause the Entities to pay) to ONEOK the amount of such Tax refund or credit (net of any costs or expenses incurred by Northern Border or the Entities in obtaining the Tax refund or credit).
In particular it will deal with the study and development of all those elements, including the appropriate legislation, which lead to the definition and establishment of the required police system.