Common use of Tax and Loss Bonds Clause in Contracts

Tax and Loss Bonds. To the extent that the purchase of tax and loss bonds is allowable under the Code, and is to the advantage of the Group, such purchase will be made.

Appears in 6 contracts

Samples: Tax Sharing Agreement, Tax Sharing Agreement (Ambac Financial Group Inc), Tax Sharing Agreement (Ambac Financial Group Inc)

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Tax and Loss Bonds. To the extent that the purchase of tax and loss bonds is allowable under the Code, Code and is to the advantage of AIC and the Group, such purchase will be made.

Appears in 1 contract

Samples: Tax Sharing Agreement (Ambac Financial Group Inc)

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