Termination of Tax Sharing Agreement Sample Clauses

Termination of Tax Sharing Agreement. As of the Closing, this Section 8.2 shall supersede any and all Tax-sharing or similar agreements to which (i) any of the Companies and the Subsidiaries, on the one hand, and (ii) Progress Fuels or any affiliated entity, on the other hand, are parties. Neither the Companies, the Subsidiaries, Progress Fuels nor any such affiliated entity shall have any obligation or right with respect to each other under any such prior agreement from and after the Closing.
AutoNDA by SimpleDocs
Termination of Tax Sharing Agreement. As of the Closing Date, any Tax sharing agreement or other arrangement for the sharing of Taxes between the Company and/or the Included Subsidiaries, on the one hand, and the Seller Group, on the other hand, shall terminate, and except as provided in this Agreement the Company and the Included Subsidiaries shall have no obligation to pay to the Seller Group any amount relating to Taxes under any such agreement or arrangement.
Termination of Tax Sharing Agreement. All tax sharing or similar agreements (if any) between BEC and its Subsidiaries, on the one hand, and Bolle and its Subsidiaries, on the other, are terminated as of the Spinoff and shall be of no further, force and effect. All claims for indemnification for Taxes between the parties shall be made and resolved in accordance with terms of this Agreement.
Termination of Tax Sharing Agreement. All tax sharing or similar agreements (if any) between Seagate and its Affiliates, on the one hand, and the Sold Subsidiaries, on the other, are terminated as of the Closing Date without any further liability to any party thereto and shall be of no further force and effect. All claims for indemnification for Taxes between the parties shall be made and resolved in accordance with the terms of this Agreement.
Termination of Tax Sharing Agreement. The Income Tax Sharing Agreement between the Company and its subsidiaries and Seller effected as of October 20, 1995 (the "TAX SHARING AGREEMENT") shall be terminated effective as of the Closing Date.
Termination of Tax Sharing Agreement. Except as otherwise provided in this Article IV, all tax sharing agreements, arrangements, policies and guidelines, formal or informal, express or implied, that may exist between the Companies and Seller or its affiliates and all obligations thereunder shall terminate as of the date hereof and no Company shall have any liability thereunder for any and all amounts due in respect of periods prior to the date hereof.
Termination of Tax Sharing Agreement. The Tax Sharing Agreement shall be deemed terminated as of the Settlement Effective Date.
AutoNDA by SimpleDocs
Termination of Tax Sharing Agreement. As of the Effective Time, STAR shall cause all Tax Sharing Agreements to which STAR or any of its Subsidiaries is a party to be terminated and of no further force and effect after the Effective Time, thereby extinguishing any rights or obligations of any party thereunder.
Termination of Tax Sharing Agreement. Westar and POI agree that as of the Closing Date, the Tax Sharing Agreement shall be terminated and neither party thereto shall have any further rights or obligations thereunder with respect to any Tax period, including as a result of an audit or other adjustment of a return filed with respect to any Pre-Closing Tax Period. All obligations under the Tax Sharing Agreement shall be deemed to have been satisfied in full in consideration for this Settlement Agreement and the payments to be made pursuant to this Settlement Agreement and Section 8.07 of the Purchase Agreement shall cease to have any effect after the Settlement Closing. For the avoidance of doubt, this Section 3.01 shall have no effect on the Partiesindemnification rights and obligations under Sections 8.03 and 8.04 of the Purchase Agreement.
Termination of Tax Sharing Agreement. After the Closing any tax-sharing agreement between Seller, NCNG, and the Subsidiaries will be terminated as of the Closing Date and will have no further effect for any taxable year (whether a current year or a future year) and this Section 8.2 shall supersede any and all Tax-sharing or similar agreements to which (i) any of NCNG and the Subsidiaries, on the one hand, and (ii) Seller or any of its Affiliates, on the other hand, are parties. Neither NCNG, the Subsidiaries, Seller nor any such Affiliates shall have any obligation or right with respect to each other under any such prior agreement after the Closing.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!