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

Termination of Prior Tax Sharing Agreements. This Agreement shall take effect on the Separation Date and shall replace all other agreements, whether or not written, in respect of any Taxes between or among the MediaOne Group on the one hand and the New U S WEST Group on the other. All such replaced agreements shall be canceled as of the Separation Date to the extent they relate to the New U S WEST Group, and any rights or obligations of the MediaOne Group or the New U S WEST Group existing thereunder thereby shall be fully and finally settled without any payment by any party thereto.

Appears in 4 contracts

Samples: Tax Sharing Agreement (Us West Inc), Tax Sharing Agreement (Usw-C Inc), Tax Sharing Agreement (U S West Inc /De/)

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