Common use of Tax Cooperation; Allocation of Taxes Clause in Contracts

Tax Cooperation; Allocation of Taxes. (a) Buyer and Seller agree ------------------------------------ to furnish or cause to be furnished to each other, upon request, as promptly as practicable, such information and assistance relating to the Purchased Assets and the Business as is reasonably necessary for the filing of all Tax Returns, and making of any election related to Taxes, the preparation for any audit by any governmental authority, and the prosecution or defense of any claim, suit or proceeding relating to any Tax Return. Seller and Buyer shall cooperate with each other in the conduct of any audit or other proceeding related to Taxes involving the Business and each shall execute and deliver such powers of attorney and other documents as are necessary to carry out the intent of this paragraph (a) of Section 8.03.

Appears in 1 contract

Samples: Asset Purchase Agreement (Discreet Logic Inc)

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Tax Cooperation; Allocation of Taxes. (a) Buyer Buyers and Seller agree ------------------------------------ to furnish or cause to be furnished to each other, upon request, as promptly as practicable, such information and assistance relating to the Purchased Assets and the Business as is reasonably necessary for the filing of all Tax Returnsreturns, and making of any election related to Taxes, the preparation for any audit by any governmental taxing authority, and the prosecution or defense of any claim, suit or proceeding relating to any Tax Returnreturn. Seller and Buyer Buyers shall cooperate with each other in the conduct of any audit or other proceeding related to Taxes involving the Business and each shall execute and deliver such powers of attorney and other documents as are necessary to carry out the intent of this paragraph (a) of Section 8.03.

Appears in 1 contract

Samples: Asset Purchase Agreement (Anchor Glass Container Corp)

Tax Cooperation; Allocation of Taxes. (a) Seller, each Stockholder and Buyer and Seller agree ------------------------------------ to furnish or cause to be furnished to each other, upon request, as promptly as practicable, such information and assistance relating to the Purchased Assets and the Business as is reasonably necessary for the filing of all Tax Returns, and making of any election related to Taxes, the preparation for any audit by any governmental authority, and the prosecution or defense of any claim, suit or proceeding relating to any Tax Return. Seller Seller, each Stockholder and Buyer shall cooperate with each other in the conduct of any audit or other proceeding related to Taxes involving the Business or the Purchased Assets and each shall execute and deliver such powers of attorney and other documents as are necessary to carry out the intent of this paragraph (a) of Section 8.03.

Appears in 1 contract

Samples: Asset Purchase Agreement (Atlantic Data Services Inc)

Tax Cooperation; Allocation of Taxes. (a) Buyer and Seller agree ------------------------------------ to furnish or cause to be furnished to each other, upon request, as promptly as practicable, such information and assistance relating to the Purchased Assets and the Business as is reasonably necessary for the filing of all Tax Returns, and making of any election related to Taxes, the preparation for any audit by any governmental authority, and the prosecution or defense of any claim, suit or proceeding relating to any Tax Return. Seller and Buyer shall cooperate with each other in the conduct of any audit or other proceeding related to Taxes involving the Business or the Purchased Assets and each shall execute and deliver such powers of attorney and other documents as are necessary to carry out the intent of this paragraph (a) of Section 8.03.

Appears in 1 contract

Samples: Asset Purchase Agreement (Citrix Systems Inc)

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Tax Cooperation; Allocation of Taxes. (a) Buyer and Seller agree ------------------------------------ to furnish or cause to be furnished to each other, upon request, as promptly as practicable, such information and assistance relating to the Purchased Assets and the Business as is reasonably necessary for the filing of all Tax Returnsreturns, and making of any election related to Taxes, the preparation for any audit by any governmental taxing authority, and the prosecution or defense of any claim, suit or proceeding relating to any Tax Returnreturn. Seller and Buyer shall cooperate with each other in the conduct of any audit or other proceeding related to Taxes involving the Business and each shall execute and deliver such powers of attorney and other documents as are necessary to carry out the intent of this paragraph (a) of Section 8.03.

Appears in 1 contract

Samples: Asset Purchase Agreement (Anchor Glass Container Corp)

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