Common use of Prior Tax Payments Clause in Contracts

Prior Tax Payments. To the extent that ASLI paid to ASIC an amount for its share of the LNC Consolidated Group's federal income tax liability or to the extent that it pays an amount pursuant to paragraph 1. above, ASLI shall be entitled to consider the amount of such prior payments when determining whether or not Carry Back Items may be used to offset tax payments for prior years.

Appears in 1 contract

Samples: Tax Sharing Agreement (American States Financial Corp)

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Prior Tax Payments. To the extent that ASLI ASL paid to ASIC an amount for its share of the LNC Consolidated Group's federal income tax liability or to the extent that it pays an amount pursuant to paragraph 1. above, ASLI ASL shall be entitled to consider the amount of such prior payments when determining whether or not Carry Back Items may be used to offset tax payments for prior years.

Appears in 1 contract

Samples: Sharing Agreement (American States Financial Corp)

Prior Tax Payments. To the extent that ASLI ASIC paid to ASIC ASFC an amount for its share of the LNC Consolidated Group's federal income tax liability or to the extent that it pays an amount pursuant to paragraph 1. above, ASLI ASIC shall be entitled to consider the amount of such prior payments when determining whether or not Carry Back Items may be used to offset tax payments for prior years.. 116

Appears in 1 contract

Samples: Sharing Agreement (American States Financial Corp)

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Prior Tax Payments. To the extent that ASLI ASP paid to ASIC an amount for its share of the LNC Consolidated Group's federal income tax liability or to the extent that it pays an amount pursuant to paragraph 1. above, ASLI ASP shall be entitled to consider the amount of such prior payments when determining whether or not Carry Back Items may be used to offset tax payments for prior years.

Appears in 1 contract

Samples: Sharing Agreement (American States Financial Corp)

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