Common use of Separate Contests Clause in Contracts

Separate Contests. Any Separate Contests with respect to tax returns filed by any Member of either the Tridex Group or the TransAct Group on a separate company basis shall be conducted by the entity which filed such tax return (or the Common Parent of the Affiliated Group of which such entity is a Member at the time of such contest), and such entity shall have sole and complete authority to conduct such Tax Contest, including the authority to negotiate with and enter into settlements with any taxing authority. If at any point of the proceedings of a Separate Contest, it becomes a Joint Contest, then the Tax Contest shall thereafter be conducted as a Joint Contest.

Appears in 2 contracts

Samples: Tax Sharing Agreement (Transact Technologies Inc), Tax Sharing Agreement (Tridex Corp)

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Separate Contests. Any Separate Contests with respect to tax returns ----------------- filed by any Member of either the Tridex Choice Group or the TransAct Sunburst Group on a separate company basis shall be conducted by the entity which filed such tax return (or the Common Parent of the Affiliated Group of which such entity is a Member at the time of such contestContest), and such entity shall have sole and complete authority to conduct such Tax Contest, including the authority to negotiate with and enter into settlements with any taxing authority. If at any point of the proceedings of a Separate Contest, it becomes a Joint Contest, then the Tax Contest it shall thereafter be conducted as a Joint Contest.

Appears in 2 contracts

Samples: Tax Sharing Agreement (Choice Hotels International Inc/), Tax Sharing Agreement (Choice Hotels Franchising Inc)

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Separate Contests. Any Separate Contests with respect to tax returns filed by any Member of either the Tridex Choice Group or the TransAct Manor Group on a separate company basis shall be conducted by the entity which filed such tax return (or the Common Parent of the Affiliated Group of which such entity is a Member at the time of such contest), and such entity shall have sole and complete compete authority to conduct such Tax Contestcontest, including the authority to negotiate with and enter into settlements with any taxing Taxing authority. If at any point of the proceedings of a "Separate Contest, ," it becomes a Joint Contest, then the Tax Contest it shall thereafter be conducted as a Joint Contest.

Appears in 2 contracts

Samples: Tax Sharing Agreement (Choice Hotels Holdings Inc), Tax Sharing Agreement (Choice Hotels Holdings Inc)

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