Common use of Consistency of Accounting Method Clause in Contracts

Consistency of Accounting Method. Any Tax return which includes or is based on the operations, ownership, assets or activities of the Company for any Pre-Effective Period, and any Tax return which includes or is based on the operations, ownership, assets or activities of the Company for any Post-Effective Period to the extent the items reported on such Tax return might reasonably increase any Tax liability of IHI for any Pre-Effective Period shall be prepared in accordance with past Tax accounting practices used with respect to the 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 Tax return with the consent (not to be unreasonably withheld or delayed) of the non-filing party.

Consistency of Accounting Method. Any Tax return Return which includes or is based on the operations, ownership, assets or activities of the Company or for any Pre-Effective Closing Period, and any Tax return Return which includes or is based on the operations, ownership, assets or activities of the Company for any Post-Effective Closing Period to the extent the items reported on such Tax return Return might reasonably increase any Tax liability of IHI Seller for any Pre-Effective Closing Period or any Straddle Period shall be prepared in accordance with past Tax accounting practices used with respect to the Tax returns of the Company 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 Tax return 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 Return which includes or is based on the operationsassets, ownership, assets operation or activities of the Company or for any Pre-Effective Closing Period, and any Tax return Return which includes or is based on the operationsassets, ownership, assets operations or activities of the Company for any Post-Effective Closing Period to the extent the items reported on such Tax return Return might reasonably increase any Tax liability of IHI the Seller for any Pre-Effective Closing Period or any Straddle Period shall be prepared in accordance with past Tax accounting practices used with respect to the Tax returns of the Company 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 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 Return which includes or is based on the operations, ownership, assets or activities of the any Group Company for any Pre-Effective Closing Period, and any Tax return Return which includes or is based on the operations, ownership, assets or activities of the any Group Company for any Post-Effective Closing Period to the extent the items reported on such Tax return Return might reasonably increase any Tax Taxation liability of IHI any Seller for any Pre-Effective Closing Period or any Straddle Period shall be prepared in accordance with past Tax Taxation accounting practices used with respect to the Tax returns of the Company 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 Return under this Deed with the consent (not to be unreasonably withheld or delayed) of the non-filing partyparty or parties.