Termination of Existing Tax Sharing Agreements. At the request of Buyer, Seller shall cause the Company and its Subsidiaries to terminate any and all existing Tax sharing agreements (whether written or not) binding upon the Company or any Subsidiary effective as of the Closing Date, and no party shall have any further rights or liabilities thereunder.
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Samples: Stock Purchase Agreement (Lithia Motors Inc), Stock Purchase Agreement (Lithia Motors Inc)
Termination of Existing Tax Sharing Agreements. At the request of Buyer, Seller Sellers shall cause the Company and its Subsidiaries to terminate any and all existing Tax sharing agreements (whether written or not) binding upon the Company or any Subsidiary effective as of prior to the Closing Date, and Closing. After such date no party Company shall have any further rights or liabilities thereunder.
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Samples: Equity Interest Purchase Agreement (Zenergy Brands, Inc.), Equity Interest Purchase Agreement (South American Properties, Inc.)
Termination of Existing Tax Sharing Agreements. At Notwithstanding anything to the request contrary in this Agreement, all liabilities, obligations and other rights between any member of Buyerthe Seller Group, Seller shall cause on the one hand, and the Company and its Subsidiaries to terminate Group, on the other hand, under any and all existing Tax sharing agreements or Tax indemnity agreement in effect prior to the Closing Date (whether written or notother than this Agreement) binding upon the Company or any Subsidiary effective shall cease and terminate as of the Closing DateDate as to all past, present and no party shall have any further rights or liabilities thereunderfuture taxable periods.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Akerna Corp.), Securities Purchase Agreement (Akerna Corp.)
Termination of Existing Tax Sharing Agreements. At the request of Buyer, Seller shall cause the Company and its Subsidiaries to terminate any and all existing Tax sharing agreements (whether written or not) binding upon the Company or any Subsidiary effective to be terminated as of the Closing Date, such that after such date none of the Company, Seller nor any of Seller's Affiliates and no party their respective Representatives shall have any further rights or liabilities thereunder.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Wavedancer, Inc.), Stock Purchase Agreement (Wavedancer, Inc.)
Termination of Existing Tax Sharing Agreements. At All liabilities, obligations and other rights between any member of the request Seller Group, on the one hand, and the Company or any of Buyerits Subsidiaries, Seller on the other hand, under any Tax Sharing Agreement in effect on or prior to the Closing Date shall cause cease and terminate as of the Closing Date and the Company and its Subsidiaries to terminate any and all existing Tax sharing agreements (whether written or not) binding upon the Company or any Subsidiary effective as of the Closing Date, and no party shall have no liability with respect to any further rights or liabilities thereunderTax Sharing Agreement following the Closing.
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Samples: Stock Purchase Agreement (G Iii Apparel Group LTD /De/)
Termination of Existing Tax Sharing Agreements. At the request of Buyer, Seller shall terminate or cause the Company and its Subsidiaries to terminate be terminated any and all existing Tax sharing agreements (whether written or not) binding upon the Company or any Subsidiary effective as of the Closing Date. After Closing, none of the Company, Seller nor any of Seller's Affiliates and no party their respective Representatives shall have any further rights or liabilities thereunder.
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Termination of Existing Tax Sharing Agreements. At Notwithstanding anything in this Agreement to the request of Buyercontrary, Seller shall cause the Company and its Subsidiaries to terminate any and all existing Liabilities, obligations or other rights between Seller and the Seller’s Affiliates on the one hand and the Company on the other hand, under any and all Tax sharing sharing, indemnity or similar agreements (whether written or not) binding upon the Company or any Subsidiary effective other than this Agreement shall cease and be terminated as of the Closing DateDate as to all past, and no party present or future taxable periods. After such date the Company shall have any further rights or liabilities thereunderLiabilities under any such agreements.
Appears in 1 contract
Samples: Unit Purchase and Contribution Agreement (Hydrofarm Holdings Group, Inc.)
Termination of Existing Tax Sharing Agreements. At the request of Buyer, Seller The Sellers shall cause the Company and its Subsidiaries to terminate any and all existing Tax sharing agreements arrangement (whether written or not) binding upon with respect to or involving the Company or any Subsidiary effective to be terminated as of the Closing Date and, after the Closing Date, and no party the Company shall not be bound thereby or have any further rights or liabilities Liability thereunder.
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Termination of Existing Tax Sharing Agreements. At the request of Buyer, Seller shall terminate or cause the Company and its Subsidiaries to terminate be terminated any and all existing Tax sharing agreements (whether written or not) binding upon the Company or any Subsidiary effective as of the Closing Date. After Closing, none of the Company, Seller nor any of Seller’s Affiliates and no party their respective Representatives shall have any further rights or liabilities thereunder.
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Termination of Existing Tax Sharing Agreements. At the request of Buyer, Seller shall cause the Company and its Subsidiaries to terminate any and all existing Tax sharing agreements (whether written or not) binding upon the Company or any Subsidiary effective as of prior to the Closing Date, and Closing. After such date no party Company shall have any further rights or liabilities thereunder.
Appears in 1 contract
Samples: Equity Interest Purchase Agreement (American International Holdings Corp.)
Termination of Existing Tax Sharing Agreements. At the request of Buyer, Seller The Sellers shall terminate or cause the Company and its Subsidiaries to terminate be terminated any and all existing Tax sharing agreements (whether written or not) binding upon the Company or any Subsidiary effective as of the Closing Date. After Closing, none of the Company, the Sellers, nor any of the Sellers’ Affiliates and no party their respective Representatives shall have any further rights or liabilities thereunder.
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