Common use of No Contrary Elections Clause in Contracts

No Contrary Elections. The Seller and the Buyer will not exercise any option or election (including any election to ratably allocate a Tax year's items under Treasury Regulation Section 1.1502-76(b)(2)(ii)) to allocate Tax items in a manner inconsistent with Section 9(c)(i) hereof.

Appears in 1 contract

Samples: Stock Purchase Agreement (Laclede Group Inc)

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No Contrary Elections. The Seller and the Buyer --------------------- will not exercise any option or election (including any election to ratably allocate a Tax year's items under Treasury Regulation Section 1.1502-76(b)(2)(ii)) to allocate Tax items in a manner inconsistent with Section 9(c)(i) hereof.

Appears in 1 contract

Samples: Stock Purchase Agreement (Laclede Group Inc)

No Contrary Elections. The Seller and the Buyer will not exercise any option or election (including any election to ratably allocate a Tax year's items under Treasury Regulation Section 1.1502-76(b)(2)(ii)) to allocate Tax items in a manner inconsistent with Section 9(c)(i) hereof.Treasury

Appears in 1 contract

Samples: Equity Purchase Agreement (Federal Mogul Corp)

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No Contrary Elections. The Seller and the Buyer will not exercise any option or election (including any election to ratably allocate a Tax year's items under U.S. Treasury Regulation Section 1.1502-76(b)(2)(ii)) to allocate Tax items in a manner inconsistent with Section 9(c)(i) hereof14(b)(ii).

Appears in 1 contract

Samples: Stock Purchase Agreement (Panolam Industries Inc)

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