Common use of Liability For Partial Period Tax Clause in Contracts

Liability For Partial Period Tax. With respect to income Tax Returns filed in Subject Jurisdictions that include a Partial Tax Period, income taxes attributable to such Partial Tax Periods will be computed according to the apportionment rule of subsection (a) above. Any income tax payable with respect to any such Partial Tax Period will be borne by the Sellers, as a group, and Purchaser as hereinafter provided; provided, however, that any tax liability arising from an election made under Section 338 of the Code will be borne solely by Purchaser.

Liability For Partial Period Tax. With respect to income Tax Returns filed in Subject Jurisdictions that include a Partial Tax Period, income taxes attributable to such Partial Tax Periods will shall be computed according to the apportionment rule of subsection (a) 0 above. Any income tax payable with respect to any such Partial Tax Period will shall be borne by the Sellers, as a group, and Purchaser as hereinafter provided; provided, however, that any tax liability arising from an election made under Section 338 of the Code will shall be borne solely by Purchaser.

Liability For Partial Period Tax. With respect to income Tax Returns filed in Subject Jurisdictions that include a Partial Tax Period, income taxes attributable to such Partial Tax Periods will shall be computed according to the apportionment rule of subsection (a) above. Any income tax payable with respect to any such Partial Tax Period will shall be borne by the Sellers, as a group, and Purchaser as hereinafter provided; provided, however, that any tax liability arising from an election made under Section 338 of the Code will shall be borne solely by Purchaser.

Liability For Partial Period Tax. With respect to income Tax Returns filed in Subject Jurisdictions that include a Partial Tax Period, income taxes of the Company attributable to such Partial Tax Periods will shall be computed according to the apportionment rule of subsection (a) above. Any income tax payable with respect to any such Partial Tax Period will be borne by the Sellers, as a group, and Purchaser as hereinafter provided; provided, however, that any tax liability arising from an election made under Section 338 of the Code will shall be borne solely by Purchaser.