Consent Not Required. Notwithstanding any other provision of this Agreement, if the IRS notifies ▇▇▇▇▇*s that the IRS will deal directly with the ▇▇▇▇▇*s Group with respect to its Tax Liability, ▇▇▇▇▇*s shall have full authority to act for the ▇▇▇▇▇*s Group and resolve any issue affecting its Tax Liability without the consent of Alloy. ▇▇▇▇▇*s will provide Alloy with a timely report summarizing any such audit activity, such report to be no less frequent than quarterly.
Appears in 2 contracts
Sources: Tax Separation Agreement (dELiAs, Inc.), Tax Separation Agreement (dELiAs, Inc.)