Examples of Tax Expiration Date in a sentence
Notwithstanding anything to the contrary in this Agreement, until the Tax Expiration Date, none of the Buyer, the Company or any of its Subsidiaries shall amend a Tax Return relating to the Company or any of its Subsidiaries with respect to a Pre-Closing Tax Period or make or change an election with respect to a Pre-Closing Tax Period without the prior written consent of Sellers’ Representative (such consent not to be unreasonably withheld, conditioned or delayed), unless required to do so by Law.
The following table presents the expiration dates of the Company’s carryforwards, net of valuation allowances, for tax purposes as of December 31, 2016: Tax Expiration Date Carryforwards 2023$ 128,0002024263,0002025214,0002026129,000202981,0002032 869,000 $ 1,684,000 The Company uses a recognition threshold of “more likely than not” that a tax position would be sustained upon examination before any part of the benefit of that position is recognized in the Company’s financial statements.
The Escrow Fund will be held by the Escrow Agent until the Tax Expiration Date (unless prior to the applicable expiration date any Purchaser Indemnitee delivers to the Holder Representatives an Officer’s Claim Certificate, in which case the Escrow Fund will be held until the claim asserted in such notice shall be fully and finally resolved) (the "Escrow Period").
Year Established: Office Location: City of Miami, Miami-Dade County, or Other Office Address, including City, State, and Zip Code: Full Name of Bidder's Representative, including Telephone Number, Fax Number, and Email Address: Occupational License / Business Tax Receipt Number: Occupational License / Business Tax Issuing Agency: Occupational License / Business Tax Expiration Date: Please list and acknowledge all addendum/addenda received.