Tax Audit definition

Tax Audit means any audit, assessment, or other examination relating to Taxes by any Tax Authority or any judicial or administrative proceedings relating to Taxes.

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Tax Audit shall have the meaning set forth in Section 6.4(a) hereof.

Tax Audit means any audit or examination by any Taxing Authority.

Examples of Tax Audit in a sentence

• Subject to the Sellers irrevocably and unconditionally confirming to the Purchaser that the Sellers accept liability for any Tax Liability resulting from the Sellers' Tax Audit or Sellers' Tax Claim (subject to the terms and conditions, including applicable limitations of liability, of this Agreement), the Sellers shall be entitled at their own expense to take over the control of any such Sellers' Tax Audit and/or resist or contest the Sellers' Tax Claim in the name of the Company.

• After receipt by the Purchaser of such notice from the Sellers, the Sellers shall have the conduct of the Sellers' Tax Audit and/or of any appeal, dispute or defence of the Sellers' Tax Claim, provided that neither the Sellers nor their advisors shall take any position that may reasonably be expected to in any material respect adversely affect the position of the Purchaser and/or the Company post Completion Date.

• Failure to give notice within a reasonable time shall not relieve the Sellers of their liability for any Tax Liability resulting from such Tax Audit or Tax Claim except that the Sellers will not be liable for the additional damage (if any) in respect of such Tax Audit or Tax Claim resulting from such failure.

• Upon receipt by the Purchaser or the Company of a written notice of a Sellers' Tax Audit or Sellers' Tax Claim, the Purchaser shall provide or procure that written notice is provided to the Sellers as soon as is reasonably practicable.

More Definitions of Tax Audit

Tax Audit means any deficiency, proposed adjustment, adjustment, assessment audit, examination or other administrative or court proceeding, suit, dispute or other claim.

Tax Audit has the meaning set forth in Section 10.3(b)(1).

Tax Audit shall have the meaning set forth in Section 7.7(e) hereof.

Tax Audit has the meaning set forth in Section 10.7(f).

Tax Audit has the meaning set forth in Section 5.2(c).

Tax Audit shall have the meaning given to such term in Section 10.4 hereof.

Tax Audit or “Tax Audits” has the meaning set forth in Section 10.05(b)(i).