Common use of DATE FOR PAYMENT Clause in Contracts

DATE FOR PAYMENT. 6.1 Where a Tax Claim involves a Purchaser, any member of the Purchaser Group or any Target Group Company being under a liability to make a payment to any Tax Authority, the relevant Seller shall pay to the Relevant Tax Purchaser in cleared funds the amount for which the Seller is liable on or before the later of the tenth Business Day after demand is made for such payment and the fifth Business Day before the date on which the amount in question is payable to the relevant Tax Authority without any interest, penalty, fine or surcharge arising in respect of it.

DATE FOR PAYMENT. 6.1 Where a Tax Claim involves a Purchaser, any member of the Purchaser Group or any Target Group Company being under a liability to make a payment to any Tax Authority, the relevant Seller Vendors shall pay to the Relevant Tax Purchaser in cleared funds the amount for which the Seller is liable claimed on or before the later of the tenth fifth Business Day after demand is made for such payment and the fifth Business Day before the date on which the amount in question is payable to the relevant Tax Authority without any interest, penalty, fine or surcharge arising in respect of it.

DATE FOR PAYMENT. 6.1 2.1 Where a Tax Claim or any sum to which paragraph 2 of part 2 of this schedule applies involves a Purchaser, any member of the Purchaser Group or any Target Group Company being under a liability to make a payment to any Tax Authority, the relevant Seller Vendor shall pay to the Relevant Tax Purchaser in cleared funds the amount for which the Seller is liable claimed on or before the later of the tenth fifth Business Day after demand is made for such payment and the fifth Business Day before the date on which the amount in question is payable to the relevant Tax Taxing Authority without any interest, penalty, fine or surcharge arising in respect of it.

DATE FOR PAYMENT. 6.1 4.1 Where a Tax Claim involves a Purchaser, any member of the Purchaser Group or any Target a Group Company being under a liability to make a payment to any Tax Authority, the relevant Seller Sellers shall pay to the Relevant Tax Purchaser in cleared funds the amount for which the Seller is liable claimed on or before the later of the tenth fifth Business Day after demand is made for such payment and the fifth Business Day before the date on which the amount in question is payable to the relevant Tax Authority without any interest, penalty, fine or surcharge arising in respect of it.