Common use of Consistency of Accounting Method Clause in Contracts

Consistency of Accounting Method. Any Return which includes or is based on the operations, ownership, assets or activities of the Company or for any Pre-Closing Period, and any Return which includes or is based on the operations, ownership, assets or activities of the Company for any Post-Closing Period to the extent the items reported on such Return might reasonably increase any Tax liability of Seller for any Pre-Closing Period or any Straddle Period shall be prepared in accordance with past Tax accounting practices used with respect to the Returns in question (unless such past practices are no longer permissible under the applicable tax law), and to the extent any items are not covered by past practices (or in the event such past practices are no longer permissible under the applicable tax law), in accordance with reasonable Tax accounting practices selected by the filing party with respect to such Return under this Agreement with the consent (not to be unreasonably withheld or delayed) of the non-filing party.

Consistency of Accounting Method. Any Return Tax return which includes or is based on the operations, ownership, assets or activities of the Company or for any Pre-Closing Effective Period, and any Return Tax return which includes or is based on the operations, ownership, assets or activities of the Company for any Post-Closing Effective Period to the extent the items reported on such Return Tax return might reasonably increase any Tax liability of Seller IHI for any Pre-Closing Period or any Straddle Effective Period shall be prepared in accordance with past Tax accounting practices used with respect to the Returns in question Tax returns of the Company (unless such past practices are no longer permissible under the applicable tax law), and to the extent any items are not covered by past practices (or in the event such past practices are no longer permissible under the applicable tax law), in accordance with reasonable Tax accounting practices selected by the filing party with respect to such Return under this Agreement Tax return with the consent (not to be unreasonably withheld or delayed) of the non-filing party.

Consistency of Accounting Method. Any Tax Return which includes or is based on the operationsassets, ownership, assets operation or activities of the Company or for any Pre-Closing Period, and any Tax Return which includes or is based on the operationsassets, ownership, assets operations or activities of the Company for any Post-Closing Period to the extent the items reported on such Tax Return might reasonably increase any Tax liability of the Seller for any Pre-Closing Period or any Straddle Period shall be prepared in accordance with past Tax accounting practices used with respect to the Tax Returns in question (unless such past practices are no longer permissible under the applicable tax lawTax Law), and to the extent any items are not covered by past practices (or in the event such past practices are no longer permissible under the applicable tax lawTax Law), in accordance with reasonable Tax accounting practices selected by the filing party with respect to such Tax Return under this Agreement with the consent (not to be unreasonably withheld or delayed) of the non-filing party.

Consistency of Accounting Method. Any Tax Return which includes or is based on the operations, ownership, assets or activities of the any Group Company or for any Pre-Closing Period, and any Tax Return which includes or is based on the operations, ownership, assets or activities of the any Group Company for any Post-Closing Period to the extent the items reported on such Tax Return might reasonably increase any Tax Taxation liability of any Seller for any Pre-Closing Period or any Straddle Period shall be prepared in accordance with past Tax Taxation accounting practices used with respect to the Tax Returns in question (unless such past practices are no longer permissible under the applicable tax lawApplicable Tax Law), and to the extent any items are not covered by past practices (or in the event such past practices are no longer permissible under the applicable tax lawApplicable Tax Law), in accordance with reasonable Tax Taxation accounting practices selected by the filing party with respect to such Tax Return under this Agreement Deed with the consent (not to be unreasonably withheld or delayed) of the non-filing partyparty or parties.