Termination of Existing Tax Sharing Agreements Sample Clauses

Termination of Existing Tax Sharing Agreements. Any and all existing Tax sharing agreements (whether written or not) binding upon the Company shall be terminated as of the Closing Date. After such date neither the Company nor any of its Representatives shall have any further rights or liabilities thereunder.
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Termination of Existing Tax Sharing Agreements. Any and all existing Tax sharing agreements or arrangements, written or oral, between Parent or any Affiliate of Parent and the Company or the Company Subsidiary, shall terminate as of the Closing.
Termination of Existing Tax Sharing Agreements. Any and all existing Tax sharing agreements (whether written or not) binding upon the Target shall be terminated as of the Closing Date. After such date neither the Target nor any of its Representatives shall have any further rights or liabilities thereunder.
Termination of Existing Tax Sharing Agreements. The Seller shall cause any and all existing Tax sharing agreements or arrangements, written or unwritten, express or implied, binding the Company, including any agreements or arrangements which afford any other Person the right to receive any payment from the Company in respect of any Taxes or the benefit of any tax attribute of the Company or require or permit the transfer or assignment of any income, revenues, receipts or gains, to be terminated as of the Closing Date. After the Closing Date, the Company shall not have any further rights or obligations under any such agreements.
Termination of Existing Tax Sharing Agreements. All liabilities, obligations and other rights between any member of the Seller Group, on the one hand, and the Company or any of its Subsidiaries, on the other hand, under any Tax Sharing Agreement in effect on or prior to the Closing Date shall cease and terminate as of the Closing Date and the Company and its Subsidiaries shall have no liability with respect to any Tax Sharing Agreement following the Closing.
Termination of Existing Tax Sharing Agreements. Seller hereby agrees and covenants that any Tax Sharing Agreement to which any of the Transferred FH Companies and their Closing Subsidiaries is a party (other than such a Tax Sharing Agreement among exclusively Transferred FH Companies and their Closing Subsidiaries) will cease to apply to the Transferred FH Companies and their Closing Subsidiaries as of the Closing Date, and, after the Closing Date, Buyer, the Transferred FH Companies, their Closing Subsidiaries and their Affiliates shall not be bound thereby or have any liability thereunder for amounts due in respect of periods ending on or before the Closing Date.
Termination of Existing Tax Sharing Agreements. (a) Subject to Section 8.3(b) hereof, the Tax Sharing Agreements and any other Tax allocation or sharing agreement or arrangement, whether or not written, that may have been entered into by LNC or any member of the Consolidated Group and ASFC or any Subsidiary of ASFC shall be terminated as of the Closing Date for all periods, and all amounts then due from or to ASFC or any Subsidiary of ASFC under any such Tax Sharing Agreements or other tax sharing agreement or arrangement shall be paid on or prior to the Closing Date. (b) Notwithstanding Section 8.3(a) hereof, as soon as practicable after the Closing Date (but in any event within seventy-five (75) days of such date), ASFC shall prepare and deliver to LNC accurate and complete separate income and franchise Tax Returns for any Tax period of ASFC and its Subsidiaries for any Tax period of ASFC or its Subsidiaries beginning January 1, 1997 and ending on the Closing Date, and payment shall be made within ten (10) days of such delivery to or by LNC, as the case may be, of the difference, if any, between (i) the Separate Tax Liability of the ASFC Group (each as defined in the Tax Sharing Agreements) for such period and (ii) the sum of all amounts previously paid to LNC by ASFC for such period pursuant to the Tax Sharing Agreements.
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Termination of Existing Tax Sharing Agreements. Any and all existing Tax sharing agreements or arrangements, written or unwritten, binding Genco or any Subsidiary of Genco, shall be terminated as of the Option Closing Date.
Termination of Existing Tax Sharing Agreements. Any and all existing Tax sharing agreements (whether written or not) binding upon the Parent shall be terminated as of the Closing Date. After such date, neither the Parent nor any Parent Subsidiary shall have any further rights or liabilities thereunder.
Termination of Existing Tax Sharing Agreements. All tax sharing agreements or similar arrangements with respect to or involving the Acquired Entities shall be terminated effective as of the Effective Time.
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