Control of Proceedings. The party responsible for the Tax under this Agreement shall control audits and disputes related to such Taxes (including action taken to pay, compromise or settle such Taxes). Reasonable out of pocket expenses with respect to such contests shall be borne by PinnOak, Sellers and Buyer in proportion to their responsibility for such Taxes as set forth in this Agreement. Except as otherwise provided by this Agreement, the noncontrolling Party shall be afforded a reasonable opportunity to participate in such proceedings at its own expense.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Natural Resource Partners Lp)
Control of Proceedings. The party Party responsible for the Tax under this Agreement shall control audits and disputes related to such Taxes (including action taken to pay, compromise or settle such Taxes). Reasonable out of pocket expenses with respect to such contests shall be borne by PinnOakSeller, Sellers on the one hand, and the Buyer Parties, on the other hand, in proportion to their responsibility for such Taxes as set forth in this Agreement. Except as otherwise provided by this Agreement, the noncontrolling non-controlling Party shall be afforded a reasonable opportunity to participate in such proceedings at its own expense.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Natural Resource Partners Lp)
Control of Proceedings. The party Party responsible for preparing and filing the Tax return under this Agreement shall control audits and disputes related relating to such Taxes (including action taken to pay, compromise or settle such Taxes). Reasonable out of out-of-pocket expenses with respect to such contests contest shall be borne by PinnOak, Sellers the Seller and Buyer Apollo LNG in proportion to their responsibility for such Taxes as set forth in this Agreement. Except as otherwise provided by this Agreement, the noncontrolling non-controlling Party shall be afforded a reasonable opportunity to participate in such proceedings at its own expense.
Appears in 1 contract
Sources: Transfer and Exchange Agreement (Apollo Resources International Inc)
Control of Proceedings. The party Party responsible for the any Tax under this Agreement shall control audits and disputes (and costs and expenses) related to such Taxes (including action taken to pay, compromise or settle such Taxes). Reasonable out of pocket expenses with respect to such contests shall be borne by PinnOak, Sellers and Buyer in proportion to their responsibility for such Taxes as set forth in this Agreement. Except as otherwise provided by this Agreement, the noncontrolling Party party shall be afforded a reasonable opportunity to participate in such proceedings at its own expense.. (g)
Appears in 1 contract
Sources: Dissolution Agreement
Control of Proceedings. The party Party responsible for the any Tax under this Agreement shall control audits and disputes (and costs and expenses) related to such Taxes (including action taken to pay, compromise or settle such Taxes). Reasonable out of pocket expenses with respect to such contests shall be borne by PinnOak, Sellers and Buyer in proportion to their responsibility for such Taxes as set forth in this Agreement. Except as otherwise provided by this Agreement, the noncontrolling Party party shall be afforded a reasonable opportunity to participate in such proceedings at its own expense.
Appears in 1 contract
Sources: Dissolution Agreement (Dynegy Inc.)
Control of Proceedings. The party Party responsible for the Tax under this Agreement shall control audits and disputes related to such Taxes (including action taken to pay, compromise or settle such Taxes). Reasonable out of pocket expenses with respect to such contests shall be borne by PinnOakSeller, Sellers on the one hand, and Buyer by Buyer, on the other hand, in proportion to their responsibility for such Taxes as set forth in this Agreement. Except as otherwise provided by this Agreement, the noncontrolling non-controlling Party shall be afforded a reasonable opportunity to participate in such proceedings at its own expense.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Natural Resource Partners Lp)
Control of Proceedings. The party Party responsible for preparing and filing the Tax return under this Agreement shall control audits and disputes related relating to such Taxes (Tax returns, including action actions taken to pay, compromise or settle such Taxes)audits and disputes. Reasonable out of out-of-pocket expenses with respect to any such contests contest shall be borne by PinnOak, Sellers the Seller and Buyer Apollo Production in proportion to their responsibility for such Taxes as set forth in this Agreement. Except as otherwise provided by this Agreement, the noncontrolling non-controlling Party shall be afforded a reasonable opportunity to participate in such proceedings at its own expense.
Appears in 1 contract
Sources: Stock Purchase Agreement (Apollo Resources International Inc)
Control of Proceedings. The party responsible for the Tax under this Agreement shall control audits and disputes related to such Taxes (including action taken to pay, pay compromise or settle such Taxes). Reasonable out of pocket expenses with respect to such contests shall be borne by PinnOak, the Sellers and the Buyer in proportion to their responsibility for such Taxes as set forth in this Agreement. Except , except as otherwise provided by this Agreement, the noncontrolling Party no controlling party shall be afforded a reasonable opportunity to participate in such proceedings at its own expense.
Appears in 1 contract
Sources: Purchase and Sale Agreement (China Ivy School, Inc.)
Control of Proceedings. The party responsible for the Tax under this Agreement shall control audits and disputes related to such Taxes (including action taken to pay, compromise or settle such Taxes). Reasonable out of pocket expenses with respect to such contests shall be borne by PinnOak, Sellers Seller and Buyer in proportion to their responsibility for such Taxes as set forth in this Agreement. Except as otherwise provided by this Agreement, the noncontrolling non-controlling Party shall be afforded a reasonable opportunity to participate in such proceedings at its own expense.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Natural Resource Partners Lp)