Common use of Elections Impacting Prior Consolidated Periods Clause in Contracts

Elections Impacting Prior Consolidated Periods. In the event that 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, 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 ASLI after it leaves the LNC Consolidated Group. 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 ASLI 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, ASLI 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 ASLI ASP after it leaves the LNC Consolidated Group. ASLI 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 ASLI 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, ASLI 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 ASLI AST after it leaves the LNC Consolidated Group. ASLI 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.

Elections Impacting Prior Consolidated Periods. In the event that ASLI 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, ASLI 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 ASLI ASIC after it leaves the LNC Consolidated Group. ASLI 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 ASLI 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, ASLI 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 ASLI ASL after it leaves the LNC Consolidated Group. ASLI 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.