Parent Affiliated Group definition
Examples of Parent Affiliated Group in a sentence
All Taxes due and owing by Parent, any Parent Subsidiary or any Parent Affiliated Group have been timely paid, or adequately reserved for, except to the extent any failure to pay or reserve would not, individually or in the aggregate, have a Parent Material Adverse Effect.
All assessments for Taxes due and owing by Parent, any Parent Subsidiary or any Parent Affiliated Group with respect to completed and settled examinations or concluded litigation have been paid.
The Company has not been a member of an Affiliated Group or filed or been included in a combined, consolidated or unitary Tax Return other than a consolidated federal income Tax Return for the Parent Affiliated Group.
All assessments for Taxes due and owing by Parent, any Subsidiary of Parent or any Parent Affiliated Group with respect to completed and settled examinations or concluded litigation have been paid.
After the Closing Date, none of the Acquired Subsidiaries or any member of the Parent Affiliated Group shall have any further rights or obligations under any such Tax Sharing Agreement, except to the extent that any outstanding payments need to be made under any such Tax Sharing Agreement with respect to current Taxes (other than Taxes for Straddle Periods) shown on the Closing Date Balance Sheet (other than for any such amounts relating to Deferred Taxes).