Common use of Audit Matters Clause in Contracts

Audit Matters. No material deficiencies for any Taxes have been threatened, proposed, asserted or assessed (either in writing or orally) to the knowledge of the Company against the Company or any of its Subsidiaries which have not been fully paid or finally settled. No governmental entity is conducting or has proposed in writing to conduct an audit with respect to Taxes or any Tax returns of the Company or any of its Subsidiaries.