Consolidated or Combined Returns. The Companies will elect and join, and will cause their respective Affiliates to elect and join, in filing consolidated, unitary, combined, or other similar joint Tax Returns, to the extent each entity is eligible to join in such Tax Returns, if the Companies reasonably determine that the filing of such Tax Returns is consistent with past reporting practices, or in the absence of applicable past practices, will result in the minimization of the net present value of the aggregate Tax to the entities eligible to join in such Tax Returns.
Appears in 12 contracts
Samples: Tax Sharing Agreement (New Tenneco Inc), Tax Sharing Agreement (Tenneco Inc /De), Tax Sharing Agreement (Newport News Shipbuilding Inc)
Consolidated or Combined Returns. The Companies will elect and join, and will cause their respective Affiliates to elect and join, in filing consolidated, unitary, combined, or other similar joint Tax Returns, Returns (to the extent each entity is eligible to join in such Tax Returns, if the Companies reasonably determine that the filing of such Tax Returns is consistent with past reporting practices, or in the absence of applicable past practices, will result in the minimization of the net present value of the aggregate Tax ) as and to the entities eligible to join extent determined by Distributing Co. in such Tax Returnsits sole discretion.
Appears in 3 contracts
Samples: Tax Indemnification and Allocation Agreement (Yellow Corp), Tax Indemnification and Allocation Agreement (SCS Transportation Inc), Tax Indemnification and Allocation Agreement (SCS Transportation Inc)
Consolidated or Combined Returns. The Companies will elect and join, and will cause their respective Affiliates to elect and join, in filing consolidated, unitary, combined, or other similar joint Tax ReturnsReturn, to the extent each entity is eligible to join in such Tax Returns, if the Companies reasonably determine that the filing of such Tax Returns is consistent with past reporting practices, or in the absence of applicable past practices, will result in the minimization of the net present value of the aggregate Tax to the entities eligible to join in such Tax Returns.
Appears in 2 contracts
Samples: Tax Indemnification and Allocation Agreement (Pfsweb Inc), Tax Indemnification and Allocation Agreement (Daisytek International Corporation /De/)