Common use of No Failures to File Tax Returns Clause in Contracts

No Failures to File Tax Returns. No claim has ever been made by a Taxing authority in a jurisdiction where Parent does not pay Tax or file Tax Returns that Parent is or may be subject to Taxes assessed by such jurisdiction.

Appears in 2 contracts

Sources: Merger Agreement (Exegenics Inc), Agreement and Plan of Merger and Reorganization (Perfectdata Corp)