Common use of Tax Sharing Clause in Contracts

Tax Sharing. All intercompany balances due with respect to any and all existing Tax Sharing Agreements will be paid in full and settled immediately before the Closing Date. For purposes of this Section 8.6, to the extent it relates to federal income Taxes, the amount shown on line 16.1 of the statement of assets in LTIC’s quarterly Statutory Statement for the fiscal quarter ended September 30, 2008 filed with the Insurance Department of the State of Nebraska shall be treated as due. As of the Closing Date, and thereafter, neither Seller, nor any Company, nor any of their Subsidiaries shall have any continuing liability or rights with respect to each other under any such agreement.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Fidelity National Financial, Inc.), Stock Purchase Agreement (Fidelity National Financial, Inc.), Stock Purchase Agreement (Fidelity National Financial, Inc.)

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Tax Sharing. All intercompany balances due with respect to any and all existing Tax Sharing Agreements will be paid in full and settled immediately before the Closing Date. For purposes of this Section 8.6, to the extent it relates to federal income Taxes, the amount shown on line 16.1 of the statement of assets in LTIC’s quarterly Statutory Statement for the fiscal quarter ended September 30, 2008 filed with the Insurance Department of the State of Nebraska shall be treated as due. As of the Closing Date, and thereafter, neither SellerXxxxxx, nor any Company, nor any of their Subsidiaries shall have any continuing liability or rights with respect to each other under any such agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Landamerica Financial Group Inc)

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Tax Sharing. All intercompany balances due with respect to any and all existing Tax Sharing Agreements will be paid in full and settled immediately before the Closing Date. For purposes of this Section 8.6, to the extent it relates to federal income Taxes, the amount shown on line 16.1 of the statement of assets in LTIC’s 's quarterly Statutory Statement for the fiscal quarter ended September 30, 2008 filed with the Insurance Department of the State of Nebraska shall be treated as due. As of the Closing Date, and thereafter, neither Seller, nor any Company, nor any of their Subsidiaries shall have any continuing liability or rights with respect to each other under any such agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Landamerica Financial Group Inc)

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