Common use of Tax Sharing Arrangements Clause in Contracts

Tax Sharing Arrangements. The Sellers and the Company will cause all Tax sharing agreements or similar agreements, if any, and all powers of attorney with respect to Taxes or Tax Returns that involve the Company to be terminated prior to the Closing and, after the Closing, the Company will not be bound thereby or have any liability thereunder.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Titan Global Holdings, Inc.), Stock Purchase Agreement (Titan Global Holdings, Inc.), Stock Purchase Agreement (NewGen Technologies, Inc)

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Tax Sharing Arrangements. The Sellers and the Company will cause all Tax sharing agreements or indemnification, allocation and similar agreements, if any, and all powers of attorney with respect or related to Taxes or Tax Returns that involve the Company to be terminated prior to the Closing Date and, after the ClosingClosing Date, the Company will not be bound thereby or have any liability thereunder.

Appears in 1 contract

Samples: Stock Purchase Agreement (Harvey Electronics Inc)

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