Common use of Carryback of Tax Attributes Clause in Contracts

Carryback of Tax Attributes. (i) To the extent permitted by Applicable Tax Law, Acquiror shall cause the SpinCo Group to elect to forego carrybacks of any Tax Attributes of the SpinCo Group to a Pre-Distribution Period.

Appears in 10 contracts

Samples: Tax Matters Agreement (McKesson Corp), Tax Matters Agreement (Change Healthcare Inc.), Tax Matters Agreement (McKesson Corp)

AutoNDA by SimpleDocs

Carryback of Tax Attributes. (i) To the extent permitted by Applicable Tax Law, Acquiror Parent shall cause the SpinCo Group to elect to forego carrybacks of any Tax Attributes of the SpinCo Group to a Pre-Distribution Period.

Appears in 1 contract

Samples: Tax Matters Agreement (Westinghouse Air Brake Technologies Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!