Common use of Termination of Tax Sharing Agreements Clause in Contracts

Termination of Tax Sharing Agreements. Seller shall cause any Tax allocation agreement, Tax indemnity agreement, Tax sharing agreement or similar Contract (other than any provision contained in any commercial agreement entered into in the ordinary course of business and not primarily relating to Tax (e.g., leases, credit agreements or other commercial agreements)) between the Company and any other Person to be terminated as of the Closing Date such that, from and after the Closing Date, the Company shall not be obligated to make any payment pursuant to any such agreement for any Tax period.

Termination of Tax Sharing Agreements. The Seller shall cause any and all Tax allocation agreement, Tax indemnity agreement, or Tax sharing agreement or similar Contract agreements (other than any provision contained in any except for commercial agreement Contracts entered into in the ordinary course Ordinary Course of business Business the primary purpose of which is not Taxes, and not primarily relating to containing customary Tax (e.g., leases, credit agreements or other commercial agreements)indemnification provisions) between the Company Company, on the one hand, and any other Person Person, on the other hand, to be terminated with effect as of the Closing Date such thatthat on, from and after the Closing Date, the Company shall not be obligated to make any payment pursuant to any such agreement for any Tax past or future period.

Termination of Tax Sharing Agreements. The Seller shall cause any Tax allocation agreement, Tax indemnity agreement, Tax sharing agreement or similar Contract (other than any provision contained in any commercial agreement entered into in the ordinary course of business and not primarily relating to Tax (e.g., leases, credit agreements or other commercial agreements)) between the either Company and any other Person to be terminated as of the day immediately 50 preceding the Closing Date such that, on, from and after the Closing Date, the neither Company shall not be obligated to make any payment pursuant to any such agreement for any Tax period.

Termination of Tax Sharing Agreements. Seller shall cause any all Tax allocation agreementsharing, Tax allocation, indemnity agreement, Tax sharing agreement or similar Contract (other than any provision contained in any commercial agreement entered into in the ordinary course of business and not primarily relating agreements with respect to Tax (e.g., leases, credit agreements or other commercial agreements)) between the involving Company and any other Person to be terminated as of the Closing Date such that, from and after with the Closing Date, the result that Company shall not be obligated to make have any payment pursuant to any such agreement for any Tax periodfurther liability thereunder.

Termination of Tax Sharing Agreements. Seller shall cause any Tax allocation agreement, Tax indemnity agreement, Tax tax sharing agreement or similar Contract (other than any provision contained in any commercial agreement entered into in the ordinary course of business and not primarily relating arrangement with respect to Tax (e.g., leases, credit agreements or other commercial agreements)) between Taxes involving the Company or any of its Subsidiaries, on the one hand, and Seller or any of its Affiliates, on the other Person hand, to be terminated effective as of the Closing Date such thatDate, from and after the Closing Date, Date the Company and its Subsidiaries shall not be obligated to make any payment pursuant to have no obligation under any such agreement or arrangement for any Tax past, present or future period.

Termination of Tax Sharing Agreements. Seller shall cause any Tax allocation agreement, Tax indemnity agreement, Tax all tax-sharing agreement agreements or similar Contract (other than agreements to which any provision contained in any commercial agreement entered into in Acquired Company is a party prior to the ordinary course of business and not primarily relating to Tax (e.g., leases, credit agreements or other commercial agreements)) between the Company and any other Person Closing to be terminated with respect to such Acquired Company as of the Closing Date such thatand, from and after the Closing Date, the such Acquired Company shall not be obligated to make bound thereby or have any payment pursuant to any such agreement for any Tax periodliability thereunder.