DISCLOSURE TO HMRC Sample Clauses

DISCLOSURE TO HMRC. 12.1 As soon as practicable following the date hereof the Vendors and the Purchaser will meet with a view to agreeing the nature, timing and manner of disclosure to HMRC of certain items of expenditure by the Company in relation to which discussions have taken place between the parties prior to the date hereof, as to the appropriate treatment of such expenditure in relation to the tax affairs of the Company andthe Vendors or any of them. 12.2 By way of covenant but not as a condition precedent to Clause 12.3 each of the Vendors and the Purchaser will negotiate in good faith to agree the matters referred to in sub-clause 12.1 above as soon as reasonably practicable after the date hereof. 12.3 In the event that the Vendors and the Purchaser shall not be able to agree the items of disclosure referred to in sub-clause 1 above within 3 months of the date hereof, then the Company shall be at liberty to make such disclosure to HMRC in relation to such matters concerning the liability of the Company to corporation tax as it shall think fit and the Vendors shall be entitled to make such disclosure to HMRC in relation to such matters concerning their P11Ds as they shall think fit. 12.4 The parties shall procure that all material communications to any Taxation Authority in respect of any matters referred to in sub-clause 12.1 for any accounting period commencing on or before Completion are first sent to the other and the parties shall consult in good faith with each other regarding the contents of such communications and shall incorporate any reasonable comments of the other into such communications. 12.5 Subject always to clause 12.4 and the provisions of the Conduct Letter the Vendors or their advisers shall make all communications to any Taxation Authority in so far as the matters referred to in sub-clause 12.1 relate to their P11Ds and the Purchaser or its advisers shall make all communications to any Taxation Authority in so far as the matters referred to in sub-clause 12.1 relate to the Company’s liability to corporation tax.
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Related to DISCLOSURE TO HMRC

  • Disclosure to FERC its Staff, or a State. Notwithstanding anything in this Article 22 to the contrary, and pursuant to 18 C.F.R. section 1b.20, if FERC or its staff, during the course of an investigation or otherwise, requests information from one of the Parties that is otherwise required to be maintained in confidence pursuant to this Agreement or the NYISO OATT, the Party shall provide the requested information to FERC or its staff, within the time provided for in the request for information. In providing the information to FERC or its staff, the Party must, consistent with 18 C.F.R. section 388.112, request that the information be treated as confidential and non-public by FERC and its staff and that the information be withheld from public disclosure. Parties are prohibited from notifying the other Parties to this Agreement prior to the release of the Confidential Information to the Commission or its staff. The Party shall notify the other Parties to the Agreement when it is notified by FERC or its staff that a request to release Confidential Information has been received by FERC, at which time the Parties may respond before such information would be made public, pursuant to 18 C.F.R. section 388.112. Requests from a state regulatory body conducting a confidential investigation shall be treated in a similar manner if consistent with the applicable state rules and regulations. A Party shall not be liable for any losses, consequential or otherwise, resulting from that Party divulging Confidential Information pursuant to a FERC or state regulatory body request under this paragraph.

  • Disclosure to Third Parties The Company shall have the right to disclose to third parties, in whatever manner the Company may determine, the fact that this Agreement has been executed, the names of the parties to this Agreement and the terms hereof.

  • Disclosure to Representatives A Party may disclose the other Party’s Confidential Information to those of its Representatives who need to know such Confidential Information for the Permitted Purpose, provided that it informs such Representatives of the confidential nature of the Confidential Information prior to disclosure, and at all times it is responsible for such Representatives’ compliance with the confidentiality obligations set out in this ARTICLE 15.

  • Disclosure to FERC or its Staff Notwithstanding anything in this Section 17 to the contrary, and pursuant to 18 C.F.R. § 1b.20, if FERC or its staff, during the course of an investigation or otherwise, requests information from one of the Interconnection Parties that is otherwise required to be maintained in confidence pursuant to this Interconnection Service Agreement, the Interconnection Party, shall provide the requested information to FERC or its staff, within the time provided for in the request for information. In providing the information to FERC or its staff, the Interconnection Party must, consistent with 18 C.F.R. § 388.122, request that the information be treated as confidential and non-public by FERC and its staff and that the information be withheld from public disclosure. Interconnection Parties are prohibited from notifying the other Interconnection Parties prior to the release of the Confidential Information to the Commission or its staff. An Interconnection Party shall notify the other Interconnection Parties to the Interconnection Service Agreement when it is notified by FERC or its staff that a request to release Confidential Information has been received by FERC, at which time any of the Interconnection Parties may respond before such information would be made public, pursuant to 18 C.F.R. § 388.112.

  • Disclosure to Executive Company has and will disclose to Executive, or place Executive in a position to have access to or develop, Confidential Information and Work Product of Company (or its affiliates); and/or has and will entrust Executive with business opportunities of Company (or its affiliates); and/or has and will place Executive in a position to develop business good will on behalf of Company (or its affiliates). Executive agrees to preserve and protect the confidentiality of all Confidential Information or Work Product of Company (or its affiliates).