Common use of Allocation Election Clause in Contracts

Allocation Election. The Company shall be required to elect to allocate the items described in Section 1362(e)(2)(A) of the Code pursuant to Section 1362(e)(3) of the Code under "normal tax accounting rules," and the Stockholders agree to consent to such election and to provide the Company with the statement of consent of all Stockholders described in Section 1.1362-6(a)(5) and Section 1.1362-6(b) of the Treasury Regulations.

Appears in 3 contracts

Samples: Tax Indemnification Agreement (Microstrategy Inc), Master Amendment Agreement (Microstrategy Inc), Tax Indemnification Agreement (Microstrategy Inc)

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Allocation Election. The Company shall be required to elect to allocate the items ------------------- described in Section section 1362(e)(2)(A) of the Code pursuant to Section section 1362(e)(3) of the Code under "normal tax accounting rules," and the Stockholders agree to shall consent to such election and to shall provide the Company with the statement of consent of all Stockholders described in Section 1.1362-6(a)(5) and Section section 1.1362-6(b) of the Treasury Regulations.

Appears in 1 contract

Samples: Tax Indemnification Agreement (Embedded Support Tools Corp)

Allocation Election. The Company shall be required to elect to allocate the items described in Section 1362(e)(2)(A1362(e) (2) (A) of the Code pursuant to Section 1362(e)(31362(e) (3) of the Code under "normal tax accounting rules," and the Stockholders agree to consent to such election and to provide the Company with the statement of consent of all Stockholders described in Section 1.1362-6(a)(5) and Section 1.1362-6(b) of the Treasury Regulations.such

Appears in 1 contract

Samples: Tax Indemnification Agreement (Credit Management Solutions Inc)

Allocation Election. The Company shall be required to elect to allocate the ------------------- items described in Section section 1362(e)(2)(A) of the Code pursuant to Section section 1362(e)(3) of the Code under "normal tax accounting rules," and the Stockholders agree to shall consent to such election and to shall provide the Company with the statement of consent of all Stockholders described in Section 1.1362-6(a)(5) and Section section 1.1362-6(b) of the Treasury Regulations.

Appears in 1 contract

Samples: Tax Indemnification Agreement (World Wrestling Federation Entertainment Inc)

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Allocation Election. The Company shall be required will elect pursuant to elect section 1362(e)(3) of the Code to allocate the items described in Section section 1362(e)(2)(A) of the Code pursuant to Section 1362(e)(3) of the Code under "normal tax accounting rules," ” (i.e., under a closing of the books method) and the Stockholders agree to hereby consent to such election and to will provide the Company with the statement of consent of all Stockholders described in Section 1.1362-6(a)(5) and Section section 1.1362-6(b) of the Treasury Regulations.

Appears in 1 contract

Samples: Tax Matters Agreement (Guidance Software, Inc.)

Allocation Election. The Company shall be required will elect pursuant to elect section 1362(e)(3) of the Code to allocate the items described in Section section 1362(e)(2)(A) of the Code pursuant to Section 1362(e)(3) of the Code under "normal tax accounting rules," and the Stockholders agree to will consent to such election and to will provide the Company with the statement of consent of all Stockholders described in Section 1.1362-6(a)(5) and Section section 1.1362-6(b) of the Treasury Regulations.

Appears in 1 contract

Samples: Tax Indemnification Agreement (NCI, Inc.)

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