Common use of Deductions or Credits Clause in Contracts

Deductions or Credits. Except as provided in Section 4.3, none of the Parties shall be obligated to make a payment to another party as a result of utilizing a net operating loss, credit or similar Tax attribute arising in a period beginning prior to the Distribution Date.

Appears in 3 contracts

Samples: Tax Allocation Agreement (Cognizant Corp), Tax Allocation Agreement (Dun & Bradstreet Corp), Tax Allocation Agreement (Acnielsen Corp)

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Deductions or Credits. Except as provided in Section 4.3, none of the Parties shall be obligated to make a payment to another party as a result of utilizing a net operating loss, credit or similar Tax tax attribute arising in a period beginning prior to the Distribution Date.

Appears in 2 contracts

Samples: Tax Allocation Agreement (Acnielsen Corp), Tax Allocation Agreement (Dun & Bradstreet Corp)

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Deductions or Credits. Except as provided in Section 4.3, none of the Parties parties shall be obligated to make a payment to another party as a result of utilizing a net operating loss, credit loss or similar Tax tax attribute arising in a period beginning prior to the Distribution Date.

Appears in 2 contracts

Samples: Tax Sharing Agreement (Florida Progress Corp), Tax Sharing Agreement (Echelon International Corp)

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