Common use of Administration and Control Clause in Contracts

Administration and Control. The Controlling Party shall have sole responsibility for administration and control (including settlement authority) over said Audit; provided, that the Non-Controlling Party shall have the right to participate in such Audit pursuant to Section 9.2(c) and as otherwise contemplated by this Section 9.2(b), but only to the extent that such Audit relates to Taxes for which such other Party would be liable under Section 9.3(a)(ii) In the case of an issue in which a Party has the right to participate pursuant to the preceding sentence, the other Party shall not accept or enter into a settlement without the consent of the first Party (which shall not be unreasonably withheld).

Appears in 3 contracts

Sources: Tax Matters Agreement (Carrols Restaurant Group, Inc.), Tax Matters Agreement (Fiesta Restaurant Group, Inc.), Tax Matters Agreement (Fiesta Restaurant Group, Inc.)