Common use of Xxxxxxx Contributed Subsidiary Carryforwards Clause in Contracts

Xxxxxxx Contributed Subsidiary Carryforwards. If a portion or all of any Xxxxxxx Contributed Subsidiary Carried Item is allocated to a member of a Combined Group pursuant to Section 5, and is carried forward to an Xxxxxxx Contributed Subsidiary Non-Xxxxxxx Group Tax Return, any Tax benefits arising from such carryforward shall be retained by the Newco Group.

Appears in 4 contracts

Samples: Tax Matters Agreement (Aspen Technology, Inc.), Stockholders Agreement (Emerson Electric Co), Transaction Agreement and Plan of Merger (Emersub CX, Inc.)

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