Common use of No Consolidated Filings Clause in Contracts

No Consolidated Filings. Seller has not made an election under Code Section 1504(d) to treat Maquiladora as a member of Seller's affiliated group of corporations filing a consolidated income tax return for United States income Tax purposes. No liability has been asserted against Maquiladora with respect to Taxes of any affiliated group within the meaning of Section 1504(a) of the Code of which Maquiladora has been a member.

Appears in 4 contracts

Samples: Mexican Stock and Asset Purchase Agreement (Conexant Systems Inc), Mexican Stock and Asset Purchase Agreement (Alpha Industries Inc), Mexican Stock Purchase Agreement (Skyworks Solutions Inc)

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