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

Termination of Prior Tax Sharing Agreements. Effective on the Closing Date, all tax sharing agreements, whether or not written, to which a Transferred Entity is party shall be terminated at or prior to the Closing, and the Transferred Entity shall have no further rights or obligations thereunder, and the provisions of this Agreement shall govern the rights and obligations of Sellers, Purchaser and the Transferred Entities to make or receive payments with respect to Taxes or refunds of Taxes of the Transferred Entities. Seller Parent shall execute, or cause to be executed (and shall cause the other Sellers and the Transferred Entities to execute), any documents that may be reasonably required to evidence agreement with this Section 10.3(i).

Termination of Prior Tax Sharing Agreements. Effective on the Closing Date, all All tax sharing agreements, whether or not written, to which any Seller and a Transferred Entity is party are parties shall be terminated at or prior to the Closing, and the . After such time such Transferred Entity shall have no further rights or obligations thereunder, and the provisions of this Agreement shall govern the rights and obligations of Sellers, Purchaser and the Transferred Entities to make or receive payments with respect to Taxes or refunds of Taxes of the Transferred Entities. Seller Parent Sellers shall execute, or cause to be executed execute (and shall cause the other Sellers and the Transferred Entities to execute), ) any documents that may be reasonably required to evidence agreement with this Section 10.3(i5.14(h).