Common use of Tax Consolidation Clause in Contracts

Tax Consolidation. No Loan Party shall, nor shall it permit any of its Subsidiaries to, file or consent to the filing of any consolidated income tax return with any Person other than Holdings, the Borrowers and their Subsidiaries.

Appears in 3 contracts

Samples: Credit Agreement (Hydrofarm Holdings Group, Inc.), Credit Agreement (Hydrofarm Holdings Group, Inc.), Credit Agreement (Hydrofarm Holdings Group, Inc.)

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Tax Consolidation. No Not permit any Loan Party shall, nor shall it permit or any Subsidiary of its Subsidiaries to, any Loan Party to file or consent to the filing of any consolidated income tax return with any Person other than Holdings (or a present or future direct or indirect parent of Holdings), the Borrowers and their Subsidiariesany other present or future Loan Party and/or any present or future Subsidiary of any Loan Party.

Appears in 3 contracts

Samples: Credit Agreement (Quest Resource Holding Corp), Loan, Security and Guaranty Agreement (Quest Resource Holding Corp), Credit Agreement (Quest Resource Holding Corp)

Tax Consolidation. No Not permit any Loan Party shall, nor shall it permit or any Subsidiary of its Subsidiaries to, any Loan Party to file or consent to the filing of any consolidated income tax return with any Person other than Holdings (or a present or future direct or indirect parent of Holdings), the Borrowers and their Subsidiariesany other present or further Loan Party and/or any present or future Subsidiary of any Loan Party.

Appears in 2 contracts

Samples: Loan, Security and Guaranty Agreement (Quest Resource Holding Corp), Loan, Security and Guaranty Agreement (Quest Resource Holding Corp)

Tax Consolidation. No Loan Party shall, nor shall it will and will not permit any ----------------- of its Subsidiaries to, to (a) file or consent to the filing of any consolidated consolidated, combined or unitary income tax return with any Person other than HoldingsHoldings and its Subsidiaries or (b) amend, the Borrowers and their Subsidiariesterminate or fail to enforce any existing tax sharing agreement or similar arrangement if such action would cause a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Fund American Enterprises Holdings Inc), Credit Agreement (Fund American Enterprises Holdings Inc)

Tax Consolidation. No Loan Party shall, nor shall it permit any of its Subsidiaries Subsidiary to, directly or indirectly file or consent to the filing of any consolidated income tax return returns with any Person other than Holdings, the Borrowers Loan Parties and their Subsidiaries.

Appears in 1 contract

Samples: Credit Agreement (Us Xpress Enterprises Inc)

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Tax Consolidation. No Each Loan Party shallwill not, nor shall it and will not permit any of its Subsidiaries to, file or consent to the filing of any consolidated income tax return with any Person other than Holdings, the Borrowers Parent and their its Subsidiaries.

Appears in 1 contract

Samples: Loan and Security Agreement (Computer Task Group Inc)

Tax Consolidation. No Each Loan Party shallwill not, nor shall it and will not permit any of its Subsidiaries to, file or consent to the filing of any consolidated income tax return with any Person other than Holdings, the Borrowers Royale and their its Subsidiaries.

Appears in 1 contract

Samples: Credit Agreement (Royale Investments Inc)

Tax Consolidation. No Loan Party shall, nor shall it permit any of its Subsidiaries to, file or consent to the filing of any consolidated income tax return with any Person other than Holdings, the Borrowers Loan Parties and their Subsidiaries.

Appears in 1 contract

Samples: Loan and Security Agreement (Hudson Highland Group Inc)

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