Common use of Allowable Taxes Clause in Contracts

Allowable Taxes. (a) For purposes of this Agreement, "Allowable Tax" means the allocable share of any Tax of any Seller or any of the Sellers' Affiliates which is an allowable cost under the Federal Acquisition Regulation, 48 CFR Chapter 1, and associated regulations and agreements between any Seller and any U.S. Governmental Entity, allocated based on the Seller's existing finance policy (as it is in effect on the date hereof).

Appears in 1 contract

Samples: Asset Purchase Agreement (L 3 Communications Corp)

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Allowable Taxes. (a) For purposes of this AgreementSection, "Allowable Tax" means shall mean the allocable share of any Tax of any Seller or any of the Sellers' its Affiliates which is an allowable cost under the Federal Acquisition Regulation, 48 CFR Chapter 1, FAR and associated regulations and agreements between any Seller and any U.S. Governmental Entitygovernmental entity, allocated based on the Seller's existing finance policy (as it is in effect on the date hereof).

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (L 3 Communications Corp)

Allowable Taxes. (a) For purposes of this AgreementSection, "Allowable Tax" means shall mean the allocable share of any Tax of any Seller or any of the Sellers' its Affiliates which is an allowable cost under the Federal Acquisition Regulation, 48 CFR Chapter 1, and associated regulations and agreements between any Seller and any U.S. Governmental Entitygovernmental entity, allocated based on the Seller's existing finance policy (as it is in effect on the date hereof).

Appears in 1 contract

Samples: Asset Purchase Agreement (Raytheon Co/)

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Allowable Taxes. (a) For purposes of this AgreementSection, "Allowable Tax" means shall mean the allocable share of any Tax of any Seller or any of the Sellers' its Affiliates which is an allowable cost under the Federal Acquisition Regulation, 48 CFR Chapter 1, and associated regulations and agreements between any Seller and any U.S. Governmental Entitygovernmental entity, allocated based on the Seller's Sellers' existing finance policy (as it is in effect on the date hereof).

Appears in 1 contract

Samples: Asset Purchase Agreement (DRS Technologies Inc)

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