Common use of No Material Deficiencies Clause in Contracts

No Material Deficiencies. No material deficiencies for Taxes against the Company or any of its Subsidiaries have been claimed, proposed or assessed in writing by any Governmental Authority that have not been satisfied, settled or withdrawn, except for deficiencies with respect to which adequate reserves have been established in accordance with GAAP.

Appears in 2 contracts

Sources: Merger Agreement (Thoughtworks Holding, Inc.), Merger Agreement (New Relic, Inc.)

No Material Deficiencies. No material deficiencies for Taxes against the Company or any of its Subsidiaries have been claimed, proposed or assessed in writing by any Governmental Authority that have not been satisfied, settled or withdrawnremain unpaid, except for deficiencies with respect to which adequate reserves have been established in accordance with GAAP.

Appears in 1 contract

Sources: Merger Agreement (Cloudera, Inc.)

No Material Deficiencies. No material deficiencies deficiencies, assessments, adjustments or claims for Taxes against the Company or any of its Subsidiaries have been claimed, proposed or assessed in writing by any Governmental Authority that have not been satisfied, settled or withdrawnremain unpaid, except for deficiencies with respect to which adequate reserves have been established in accordance with GAAP.

Appears in 1 contract

Sources: Merger Agreement (Castlight Health, Inc.)

No Material Deficiencies. No material deficiencies for Taxes against the Company or any of its Subsidiaries have been claimed, proposed or assessed in writing by any Governmental Authority that have not been satisfied, settled or withdrawn, remain unpaid except for deficiencies with respect to which adequate reserves have been established in accordance with GAAP.

Appears in 1 contract

Sources: Merger Agreement (Tufin Software Technologies Ltd.)