Allocation of Certain Taxes. (a) Contributor agree that if any of the parties is permitted but not required under applicable foreign, state or local Tax laws to treat the Closing Date as the last day of a taxable period, Contributor shall treat such day as the last day of a taxable period.
Appears in 3 contracts
Samples: Contribution Agreement (Cellteck Inc.), Contribution Agreement (Cellteck Inc.), Contribution Agreement (Cellteck Inc.)
Allocation of Certain Taxes. (a) Contributor The parties agree that if any of the parties Price Entity is permitted but not required under applicable foreign, state or local Tax laws law or administrative practice to treat the Closing Date as the last day of a taxable period, Contributor shall treat such day shall be treated as the last day of a taxable periodperiod for purposes of such relevant Tax law.
Appears in 3 contracts
Samples: Agreement and Plan of Merger and Reorganization (National Golf Properties Inc), Amended And (National Golf Properties Inc), Purchase Agreement by And (National Golf Properties Inc)
