Tax Covenants and Warranties

27.1 Some of the issues relating to statutory rights of recovery of tax are given in Chapter 17 below, dealing with the counter-covenant in favour of the Covenantors.

27.2 As an alternative, some protection can be obtained for the Covenantors by an exclusion relating to any tax which can be recovered by a statutory right. However, the above wording is considered to be more comprehensive.

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