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 Except as otherwise provided in this Article XI, all tax sharing agreements, arrangements, policies and guidelines, formal or informal, express or implied, that may exist between the Company and any other person and any obligations thereunder shall terminate as of the Closing Date, any Tax sharing agreement or other arrangement for the sharing of Taxes between Date and 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 liability thereunder for any and all amounts due in respect of periods ending on or before the Seller Group any amount relating to Taxes under any such agreement or arrangementClosing Date.

Termination of Tax Sharing Agreement. As Any tax sharing agreement between Bank and the Subsidiaries and Sellers or any of its other Affiliates will be terminated as of the Closing DateDate and will have no further effect for any taxable year (whether the current year, any Tax sharing agreement a future year, or other arrangement a past year), except for the sharing of a final payment thereunder for income Taxes between the Company and/or the Included Subsidiaries, accrued for on the one hand, financial statements of Bank and its Subsidiaries at 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 arrangementClosing Date.

Termination of Tax Sharing Agreement. As Seller shall cause the provisions of the Closing Date, any Tax sharing agreement between Seller or other arrangement for the sharing any of Taxes between the Company and/or the Included Subsidiariesits Affiliates, on the one hand, and the Seller Group, Target Group Companies on the other hand, shall terminateto be terminated on or before the Closing Date. After the Closing Date, and except as provided in this Agreement the Company and the Included Subsidiaries no party shall have no obligation to pay to the Seller Group any amount relating to Taxes rights or obligations under any such agreement or arrangementTax sharing agreement.

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.