Common use of Target and its Subsidiaries Clause in Contracts

Target and its Subsidiaries. are not delinquent in the payment of any Tax, assessment or governmental charge. Neither Target nor any of its Subsidiaries have received any notice that any Tax deficiency or delinquency has been asserted against Target or any of its Subsidiaries, and, and to the Knowledge of Target, there is no threat of such assertion.

Appears in 2 contracts

Sources: Agreement and Plan of Reorganization (Tandy Corp /De/), Agreement and Plan of Reorganization (Amerilink Corp)