Common use of Tax Consolidation Clause in Contracts

Tax Consolidation. Not permit any Loan Party or any Subsidiary of 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), any 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)

AutoNDA by SimpleDocs

Tax Consolidation. Not No Loan Party shall, nor shall it permit any Loan Party or any Subsidiary of any Loan Party to its Subsidiaries 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), any other present or future Loan Party and/or any present or future Subsidiary of any Loan Partythe 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.)

Tax Consolidation. Not No Loan Party will and will not permit any Loan Party or any Subsidiary ----------------- of any Loan Party its Subsidiaries to (a) file or consent to the filing of any consolidated consolidated, combined or unitary income tax return with any Person other than Holdings and its Subsidiaries or (b) amend, terminate or fail to enforce any existing tax sharing agreement or similar arrangement if such action would cause a present or future direct or indirect parent of Holdings), any other present or future Loan Party and/or any present or future Subsidiary of any Loan PartyMaterial Adverse Effect.

Appears in 2 contracts

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

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

Appears in 1 contract

Samples: Credit Agreement (Us Xpress Enterprises Inc)

AutoNDA by SimpleDocs

Tax Consolidation. Not permit any No Loan Party or any Subsidiary of any Loan Party to shall 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), any other present or future Loan Party and/or any present or future Subsidiary of any Loan PartyParties and Subsidiaries.

Appears in 1 contract

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

Tax Consolidation. Not Each Loan Party will not, and will not permit any Loan Party or any Subsidiary of any Loan Party to its Subsidiaries 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), any other present or future Loan Party and/or any present or future Subsidiary of any Loan PartyParent and its Subsidiaries.

Appears in 1 contract

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

Tax Consolidation. Not Each Loan Party will not, and will not permit any Loan Party or any Subsidiary of any Loan Party to its Subsidiaries 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), any other present or future Loan Party and/or any present or future Subsidiary of any Loan PartyRoyale and its Subsidiaries.

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Royale Investments Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!