Common use of Tax Positions Clause in Contracts

Tax Positions. No position has been asserted in writing by any Tax Authority with respect to Taxes of any of the Bison Subsidiaries which, if asserted by such Tax Authority in a Tax period ending after the Closing Date, would be reasonably likely to have a Material Adverse Effect.

Appears in 4 contracts

Samples: Purchase Agreement (Textron Inc), Purchase Agreement (Textron Inc), Purchase Agreement (Collins & Aikman Corp)

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Tax Positions. No position has been asserted in writing by any Tax Authority with respect to Taxes of any of the Bison Company and the Subsidiaries which, if asserted by such Tax Authority in a Tax period ending after the Closing Date, Date would reasonably be reasonably likely expected to have a Material Adverse EffectEffect on the Company and the Subsidiaries.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Associates First Capital Corp), Asset Purchase Agreement (Textron Inc), Asset Purchase Agreement (Associates First Capital Corp)

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