Common use of Ordinary Business Expense Clause in Contracts

Ordinary Business Expense. Nothing contained in this Section 7.1 or elsewhere in this Agreement is intended to prevent the Company from treating the compensation and other payments that it may pay pursuant to this Agreement as an ordinary expense of doing business and, accordingly, from deducting said payments from gross income in any local, state, or federal income tax return.

Appears in 5 contracts

Samples: Agreement, Agreement, Agreement

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Ordinary Business Expense. Nothing contained in this Section 7.1 or elsewhere in this Agreement is intended to prevent the Company from treating the compensation and other payments that it may pay pursuant to this Agreement as an ordinary expense of doing business and, accordingly, from deducting said payments from gross income in any localCity, state, or federal income tax return.

Appears in 2 contracts

Samples: Franchise Agreement, Franchise Agreement

Ordinary Business Expense. Nothing contained in this Section 7.1 9.1 or elsewhere in this Agreement is intended to shall prevent the Company or any Affiliated Person from treating the compensation and other payments that it it, they, or either of them, may pay pursuant to this Agreement as an ordinary expense of doing business and, accordingly, from deducting said such payments from gross income in any localCity, state, or federal income tax return.

Appears in 1 contract

Samples: Television Franchise Agreement

Ordinary Business Expense. Nothing contained in this Section 7.1 8.1 or elsewhere in this Agreement is intended to shall prevent the Company or any Affiliated Person from treating the compensation and other payments that it it, they or either of them may pay pursuant to this Agreement as an ordinary expense of doing business and, accordingly, from deducting said such payments from gross income in any localDistrict, state, state or federal income tax return.

Appears in 1 contract

Samples: Video System Franchise Agreement

Ordinary Business Expense. Nothing contained in this Section 7.1 or elsewhere in this Agreement is intended to prevent the Company from treating the compensation and other payments that it may pay pursuant to this Agreement as an ordinary expense of doing business and, accordingly, from deducting said payments from gross income in any localCity, state, or federal income tax return.

Appears in 1 contract

Samples: Agreement (National Fiber Network Inc)

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Ordinary Business Expense. Nothing contained in this Section 7.1 9.1 or elsewhere in this Agreement is intended to shall prevent the Company or any Affiliated Person from treating the compensation and other payments that it it, they or either of them may pay pursuant to this Agreement as an ordinary expense of doing business and, accordingly, from deducting said such payments from gross income in any localDistrict, state, state or federal income tax return.

Appears in 1 contract

Samples: Television Franchise Agreement

Ordinary Business Expense. Nothing contained in this Section section 7.1 or elsewhere in this Agreement is intended to prevent the Company company from treating the compensation and other payments that it may pay pursuant to this Agreement as an ordinary expense of doing business and, accordingly, from form deducting said payments from gross income in any localCity, state, or federal income tax return.

Appears in 1 contract

Samples: Agreement (Metromedia Fiber Network Inc)

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