Carryforwards and Carrybacks. To the extent permitted by Applicable Law, Newco shall (or shall cause or permit the members of the Newco Group to) elect to relinquish any carryback of a Tax Asset to any Pre-Closing Tax Period. No Party shall be obligated to compensate any other Party for the carryforward of Tax Assets from a Pre-Closing Tax Period to a Post-Closing Tax Period or for the carryback of Tax Assets from a Post-Closing Tax Period to a Pre-Closing Tax Period.
Appears in 3 contracts
Samples: Tax Matters Agreement (Safari Holding Corp), Tax Matters Agreement (Kindred Healthcare, Inc), Tax Matters Agreement (Safari Holding Corp)
