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
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
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
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