Common use of Termination of Tax Sharing Agreement Clause in Contracts

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. As The Companies' obligations under any tax sharing or tax allocation agreement shall be extinguished as of the Closing Date, any Tax sharing Date and such agreement or other arrangement for the sharing of Taxes between the Company and/or the Included Subsidiaries, on the one hand, shall be null and the Seller Group, on the other hand, shall terminate, and except void 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 arrangementCompanies after the Closing Date.

Termination of Tax Sharing Agreement. As On or before the Closing Date, Seller shall ensure that no Tax indemnity agreement, Tax allocation agreement, or Tax sharing agreement with respect to the Company is in force or effect and that, as of the Closing Date, any Tax sharing agreement or other arrangement for the sharing there shall be no liability 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 arrangementagreements.

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.