Common use of Termination of Tax Allocation Agreements Clause in Contracts

Termination of Tax Allocation Agreements. All Tax allocation or tax sharing agreements between any of Seller or its Affiliates, on the one hand, and the Subsidiary, on the other hand, shall be terminated as of the day before the Closing Date, and no such party shall have any obligation to any other party thereunder with respect to any taxable period, past, present or future.

Termination of Tax Allocation Agreements. All Any and all Tax allocation or tax sharing agreements between any of Seller or other agreements or arrangements relating to Tax matters (“Tax Sharing Agreements”) to which the Company or its Affiliates, on the one hand, and the Subsidiary, on the other hand, Subsidiary is a party shall be terminated as of the day before Closing Date and, from and after the Closing Date, and no such party neither the Surviving Corporation nor its Subsidiary shall have any obligation to liability thereunder other than any other party thereunder with respect to any taxable period, past, present or futureTax Sharing Agreements solely among the Surviving Corporation and its Subsidiary.

Termination of Tax Allocation Agreements. All Any and all Tax allocation or tax sharing agreements between any of Seller or its Affiliates, on other agreements or arrangements relating to Tax matters (“Tax Sharing Agreements”) to which the one hand, and the Subsidiary, on the other hand, Company is a party shall be terminated as of the day before Closing Date and, from and after the Closing Date, and no such party neither the Surviving Corporation nor any of its Subsidiaries shall have any obligation to liability thereunder other than any other party thereunder with respect to Tax Sharing Agreements solely among the Surviving Corporation and any taxable period, past, present or futureof its Subsidiaries.