Common use of No Audits Clause in Contracts

No Audits. No audits, actions, investigations, proceedings, arbitrations, suits, or other examinations with respect to Taxes or any Tax Return of the Company Group (each, a “Tax Proceeding”) are presently in progress, nor has any Tax Proceeding been threatened in writing. No Company Group Member has been notified in writing by any Governmental Authority regarding any proposed, asserted or assessed deficiency for any Tax imposed on the Company Group which was not finally settled or paid in full. No written claim has been received by the Company Group since January 1, 2019 from a Governmental Authority in a jurisdiction where the Company or one (1) of its Subsidiaries does not file Tax Returns that the Company or one (1) of its Subsidiaries is or may be subject to Tax in that jurisdiction.

No Audits. No audits, actions, investigations, proceedings, arbitrations, suits, or other examinations with respect to material Taxes or any material Tax Return of the Company Group (each, a “Tax Proceeding”) are presently in progress, nor has any Tax Proceeding been threatened in writing. No Company Group Member has been notified in writing by any Governmental Authority regarding any proposed, asserted or assessed deficiency for any material Tax imposed on the Company Group which was not finally settled or paid in full. No written claim has been received by the Company Group since January 1, 2019 from a Governmental Authority in a jurisdiction where the Company or one (1) of its Subsidiaries does not file Tax Returns that the Company or one (1) of its Subsidiaries is or may be subject to Tax material tax in that jurisdiction.