Common use of Allocation of Tax Items Clause in Contracts

Allocation of Tax Items. All Tax computations for (i) any Pre-Deconsolidation Period ending on a Deconsolidation Date, (ii) the immediately following taxable period of SCL or any SCL Affiliate and (iii) any Straddle Period, shall be made pursuant to the principles of Section 1.1502-76(b) of the Treasury Regulations or of a corresponding provision under the laws of other jurisdictions and, to the extent possible, in a manner consistent with the principles set forth in Section 4.1(a) of this Agreement.

Appears in 3 contracts

Samples: Tax Sharing Agreement (Orient Express Hotels LTD), Tax Sharing Agreement (Orient Express Hotels LTD), Tax Sharing Agreement (Orient Express Hotels LTD)

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Allocation of Tax Items. All Tax computations for (i) any Pre-Deconsolidation Period ending on a the Deconsolidation Date, (ii) the immediately following taxable period of SCL Instinet or any SCL Instinet Affiliate and (iii) any Straddle Period, shall be made pursuant to the principles of Section 1.1502-76(b) of the Treasury Regulations or of a corresponding provision under the laws of other jurisdictions and, to the extent possible, in a manner consistent with the principles set forth in Section 4.1(a4.2(a) of this Agreement.

Appears in 2 contracts

Samples: Tax Sharing Agreement (Instinet Group Inc), Tax Sharing Agreement (Instinet Group Inc)

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