Common use of Termination of Existing Tax Sharing Agreements Clause in Contracts

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. All liabilitiesNotwithstanding anything in this Agreement to the contrary, any and all Liabilities, obligations and or other rights between any member of the a Seller Groupand such Seller’s Affiliates, on the one hand, and the Company or any of its Subsidiariesa Company, on the other hand, under any and all Tax Sharing sharing, indemnity or similar agreements (whether written or not) other than this Agreement in effect on or prior to the Closing Date shall cease and terminate be terminated as of the Closing Date and the as to all past, present or future taxable periods. After such date no Company and its Subsidiaries shall have no liability with respect to any Tax Sharing Agreement following the Closingfurther rights or Liabilities under any such agreements.

Termination of Existing Tax Sharing Agreements. All Notwithstanding anything to the contrary in this Agreement, all liabilities, obligations and other rights between any member of the Seller Group, on the one hand, and the Company or any of its Subsidiariesthe Operating Subsidiary, on the other hand, under any Tax Sharing Agreement sharing or Tax indemnity agreement in effect on or prior to the Closing Date (other than this Agreement) shall cease and terminate as of the Closing Date as to all past, present and the Company and its Subsidiaries shall have no liability with respect to any Tax Sharing Agreement following the Closing.future taxable periods. 47

Termination of Existing Tax Sharing Agreements. All liabilitiesNotwithstanding anything in this Agreement to the contrary, any and all Liabilities, obligations and or other rights between any member of Seller and the Seller Group, Seller’s Affiliates on the one hand, hand and the Company or any of its Subsidiaries, on the other hand, under any and all Tax Sharing sharing, indemnity or similar agreements (whether written or not) other than this Agreement in effect on or prior to the Closing Date shall cease and terminate be terminated as of the Closing Date and as to all past, present or future taxable periods. After such date the Company and its Subsidiaries shall have no liability with respect to any Tax Sharing Agreement following the Closingfurther rights or Liabilities under any such agreements.