Common use of Tax Sharing Arrangements Clause in Contracts

Tax Sharing Arrangements. Seller shall cause the provisions of any Tax Sharing Arrangement between any IPC Company, on the one hand, and Seller or any of its Affiliates (other than any IPC Company), on the other hand, to be terminated as of the Closing Date, and any such Tax sharing Arrangements shall have no further effect for any taxable year or period (whether current, future or past), except to the extent of Non-Income Tax liabilities included in the calculation of Final Adjusted Working Capital.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Dynegy Inc /Il/), Stock Purchase Agreement (Union Electric Co), Stock Purchase Agreement (Ameren Corp)

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Tax Sharing Arrangements. Seller shall cause the provisions of any Tax Sharing Arrangement between any IPC Company, on the one hand, and Seller or any of its Affiliates (other than any IPC Company), on the other hand, to be terminated as of the Closing Date, and any such Tax sharing Arrangements shall have no further effect for any taxable year or period (whether current, future or past), except to the extent of Non-Non- Income Tax liabilities included in the calculation of Final Adjusted Working Capital.

Appears in 1 contract

Samples: Stock Purchase Agreement

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