Disputing Action definition
Examples of Disputing Action in a sentence
If the Seller contests the Tax or Duty the subject of a Tax Demand then the Buyer must follow, and must procure that each Buyer Group Member and Target Entity follows, all directions of the Seller relating to the conduct of any Disputing Action contemplated by this clause 13.3, including using professional advisers nominated by the Seller.
Disputing Action in respect of a Tax Demand, any action to cause the Tax Demand to be withdrawn, reduced or postponed or to avoid, resist, object to, defend, appear against or compromise the Tax Demand and any judicial or administrative proceedings arising out of that action.
Tax Costs all costs, and expenses incurred in: 1 managing an inquiry in relation to a Tax Demand; or 2 conducting any Disputing Action in relation to a Tax Demand.
The Preference Unit Holder may only issue a Tax Dispute Notice if it provides reasonable particulars (having regard to the nature and complexity of the circumstances resulting in or likely to result in an Extension Structure Tax Cost) of the action that the Preference Unit Holder proposes be taken in respect of the Extension Structure Tax Cost (Disputing Action).
If the Seller or the Seller’s Guarantor’s contests the Tax or Duty the subject of the Tax Demand, the Buyer must follow, and must procure that each Buyer Group Member and Target Entity follows, all reasonable directions of the Seller or the Seller’s Guarantor relating to the conduct of any Disputing Action contemplated by this clause 12.3 including using professional advisers nominated and paid by the Seller or the Seller’s Guarantor.
Disputing Action in respect of Tax Demand, any action to cause the Tax Demand to be withdrawn, reduced or postponed or to avoid, resist, object to, defend, appear against or compromise the Tax Demand and any judicial or administrative proceedings arising out of that action.
The Buyer will not be required to take any Disputing Action under this clause 13.3(c)(2) unless the grounds of the objection are considered to have a reasonable chance of success, set out in an opinion from reputable tax practitioner (acceptable to the Buyer) provided to the Buyer as soon as is reasonably practicable.
If ▇▇ ▇▇▇▇▇▇ contests the Tax or Duty the subject of the Tax Demand, Evolution must follow, and must procure that each Evolution Group Member and Target Entity follows, all reasonable directions of ▇▇ ▇▇▇▇▇▇ relating to the conduct of any Disputing Action referred to in this clause 12.2, including using professional advisers nominated by ▇▇ ▇▇▇▇▇▇.
Tax Cost all costs, and expenses incurred in: 1 managing an inquiry; or 2 conducting any Disputing Action in relation to a Tax Demand.
If the Sellers’ Representatives contest the Tax the subject of a Tax Demand then the Buyer must follow, and must procure that each Buyer Group Member and Target Entity follows, all reasonable directions of the Sellers’ Representatives relating to the conduct of any Disputing Action referred to in clause 13.3(c) and in this clause 13.3(d), including using professional advisers nominated by the Sellers’ Representatives.