Date on which payment of Tax would have been due. For the purposes of the provisions in paragraph 5.2(B) above, it shall be assumed that the latest date on which a payment of Tax would have been due but for the use of a Relief is the last date on which an actual payment of Tax would have had to have paid but for the use of the Relief without incurring any interest, charge, penalty, fine or surcharge in respect thereof.
Appears in 1 contract
Sources: Agreement for the Sale and Purchase of Shares (Ligand Pharmaceuticals Inc)
Date on which payment of Tax would have been due. For the purposes of the provisions in sub-paragraph 5.2(B4.2(B) above, it shall be assumed that the latest date on which a payment of Tax would have been due but for the use of a Relief is the last date on which an actual payment of Tax would have had to have been paid but for the use of the Relief without incurring any interest, charge, penalty, fine or surcharge in respect thereof.
Appears in 1 contract
Sources: Agreement for the Sale and Purchase of Shares (Instil Bio, Inc.)