Common use of Tax Elections The Lion Clause in Contracts

Tax Elections The Lion. Parties shall have the sole authority to cause the Company and its direct and indirect subsidiaries to make, or to refrain from making, all tax (and accounting) elections, including, without limitation, elections to “check the box” as to tax characterization of an entity for U.S. tax purposes, and elections under section 338 of the Code.

Appears in 5 contracts

Samples: Shareholders' Agreement, Shareholders' Agreement, Shareholders’ Agreement (Central European Distribution Corp)

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