Common use of Elections Impacting Prior Consolidated Periods Clause in Contracts

Elections Impacting Prior Consolidated Periods. In the event that ASL wishes to make an election for tax purposes which may adversely affect tax positions taken by the LNC Consolidated Group during Tax Years when it was a member of the LNC Consolidated Group, ASL shall submit to LNC a written request for permission to make such an election. LNC shall not unreasonably withhold such written permission to make a tax election which may be beneficial to ASL after it leaves the LNC Consolidated Group. ASL shall, as a condition of receiving written permission to make the tax election, reimburse LNC for any and all additional tax costs incurred by the LNC Consolidated Group in connection with permitting such an election to be made.

Elections Impacting Prior Consolidated Periods. In the event that ASL ASP wishes to make an election for tax purposes which may adversely affect tax positions taken by the LNC Consolidated Group during Tax Years when it was a member of the LNC Consolidated Group, ASL ASP shall submit to LNC a written request for permission to make such an election. LNC shall not unreasonably withhold such written permission to make a tax election which may be beneficial to ASL ASP after it leaves the LNC Consolidated Group. ASL ASP shall, as a condition of receiving written permission to make the tax election, reimburse LNC for any and all additional tax costs incurred by the LNC Consolidated Group in connection with permitting such an election to be made.

Elections Impacting Prior Consolidated Periods. In the event that ASL ASIC wishes to make an election for tax purposes which may adversely affect tax positions taken by the LNC Consolidated Group during Tax Years when it was a member of the LNC Consolidated Group, ASL ASIC shall submit to LNC a written request for permission to make such an election. LNC shall not unreasonably withhold such written permission to make a tax election which may be beneficial to ASL ASIC after it leaves the LNC Consolidated Group. ASL ASIC shall, as a condition of receiving written permission to make the tax election, reimburse LNC for any and all additional tax costs incurred by the LNC Consolidated Group in connection with permitting such an election to be made.

Elections Impacting Prior Consolidated Periods. In the event that ASL ASLI wishes to make an election for tax purposes which may adversely affect tax positions taken by the LNC Consolidated Group during Tax Years when it was a member of the LNC Consolidated Group, ASL ASLI shall submit to LNC a written request for permission to make such an election. LNC shall not unreasonably withhold such written permission to make a tax election which may be beneficial to ASL ASLI after it leaves the LNC Consolidated Group. ASL ASLI shall, as a condition of receiving written permission to make the tax election, reimburse LNC for any and all additional tax costs incurred by the LNC Consolidated Group in connection with permitting such an election to be made.

Elections Impacting Prior Consolidated Periods. In the event that ASL AST wishes to make an election for tax purposes which may adversely affect tax positions taken by the LNC Consolidated Group during Tax Years when it was a member of the LNC Consolidated Group, ASL AST shall submit to LNC a written request for permission to make such an election. LNC shall not unreasonably withhold such written permission to make a tax election which may be beneficial to ASL AST after it leaves the LNC Consolidated Group. ASL AST shall, as a condition of receiving written permission to make the tax election, reimburse LNC for any and all additional tax costs incurred by the LNC Consolidated Group in connection with permitting such an election to be made.