Definition of Tax Statute of Limitations Date


Tax Statute of Limitations Date means the expiration of the applicable statute of limitations with respect to any Tax, including any extensions thereof (or if such date is not a Business Day, the next Business Day).

Examples of Tax Statute of Limitations Date in a sentence

The representations and warranties of the parties hereto contained herein shall survive the Closing for a period of 24 months, except that (a) Tax Warranties in respect of a particular Tax shall survive until the Tax Statute of Limitations Date for such Tax and (b) Title and Authorization Warranties shall survive forever.
Anything to the contrary in this Agreement notwithstanding, the representations, warranties, covenants, agreements, rights, and obligations of the Parties hereto with respect to any Tax matter covered by this ARTICLE X shall survive the Closing and shall not terminate until the Tax Statute of Limitations Date.
The representations and warranties of the parties hereto contained herein and in the Related Agreements shall survive the Closing for a period of eighteen (18) months after the Closing, except that (a) Environmental Warranties shall survive the Closing for a period of five (5) years after the Closing, (b) Tax Warranties shall survive the Closing until the Tax Statute of Limitations Date, and (c) Title and Authorization Warranties shall survive the Closing forever.
The Tax Statute of Limitations Date means the close of business on the 45th day after the expiration of the applicable statute of limitations with respect to such Tax matter, including any extensions thereof (or if such date is not a business day, the next business day).
The representations and warranties of the parties hereto contained herein shall survive the Closing for a period of two (2) years, except that the Tax and Benefits Warranties shall survive until the Tax Statute of Limitations Date and the Title and Authorization Warranties shall survive forever.