Termination of Tax Allocation Agreements. Any tax allocation or sharing agreement or arrangement, whether or not written, that may have been entered into by any Seller or any affiliate of any Seller and Holdings shall be terminated as to Holdings as of the Effective Date, and no payments which are owed by or to Holdings pursuant thereto shall be made thereunder.
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Samples: Stock Purchase and Indemnity Agreement (White Mountains Insurance Group LTD), Voting Agreement (Financial Security Assurance Holdings LTD/Ny/)
Termination of Tax Allocation Agreements. Any tax allocation or sharing agreement or arrangement, whether or not written, that may have been entered into by any Seller or any affiliate member of any Seller Seller's group and Holdings Savings shall be terminated as to Holdings Savings as of the Effective Closing Date, and no payments which are owed by or to Holdings Savings pursuant thereto shall be made thereunder, except to the extent such obligation or receivable is reflected on the final Closing Date Balance Sheet, in which case it shall be paid.
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Samples: Stock Purchase Agreement (First Alliance Corp /De/)
Termination of Tax Allocation Agreements. Any tax agreement or arrangement with respect to the allocation or sharing agreement or arrangementof Taxes, whether or not written, that may have been entered into by any Seller or any affiliate of any Seller and Holdings any Acquired Company shall be terminated as to Holdings Seller and any Acquired Company as of the Effective Closing Date, and no payments which are owed by or to Holdings any party pursuant thereto shall be made thereunder.
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