Common use of Termination of Prior Tax Settlement Agreements Clause in Contracts

Termination of Prior Tax Settlement Agreements. Any tax settlement agreements, arrangements, policies or guidelines, formal or informal, express or implied that may exist between any Non-Acquired Company and any Acquired Company (a "Settlement Agreement"), shall terminate as of the closing Date, and, except as reflected on HAI's Final Closing Balance Sheet (as defined in the Merger Agreement), any obligations to make payments under any Settlement Agreement shall be cancelled as of the Closing Date.

Termination of Prior Tax Settlement Agreements. Any tax ---------------------------------------------- settlement agreementsagreement, arrangementsarrangement, policies policy or guidelinesguideline, formal or informal, express or implied that may exist between any Non-Acquired the Company or its Subsidiaries, on the one hand, and any Acquired Company Seller or any Affiliate of any Seller, on the other hand (a "Settlement Agreement"), shall terminate as of the closing Date, and, except as reflected on HAI's Final Closing Balance Sheet (as defined in the Merger Agreement), any obligations to make payments under any Settlement Agreement shall be cancelled as of the Closing Date.. --------------------

Termination of Prior Tax Settlement Agreements. Any tax settlement or sharing agreements, arrangements, policies or guidelines, formal or informal, express or implied that may exist between any Non-Acquired Company Xxxxx, on one hand, and any Acquired Company the Shareholders and/or its Affiliates (other than Xxxxx), on the other hand (a "Settlement Agreement"), shall terminate as of the closing Closing Date, and, except as reflected on HAI's Final Closing Balance Sheet (as defined in the Merger Agreement), any obligations to make payments under any Settlement Agreement shall be cancelled as of the Closing Date.

Termination of Prior Tax Settlement Agreements. Any tax settlement or sharing agreements, arrangements, policies or guidelines, formal or informal, express or implied that may exist between any Non-Acquired the Company and any Acquired its Subsidiaries, on one hand, and the Sellers and/or its Affiliates (other than the Company and its Subsidiaries), on the other hand (a "Settlement Agreement"), shall terminate as of the closing Closing Date, and, except as reflected on HAI's Final Closing Balance Sheet (as defined in the Merger Agreement), any obligations to make payments under any Settlement Agreement shall be cancelled as of the Closing Date.