Common use of No Tax Allocation, Sharing Clause in Contracts

No Tax Allocation, Sharing. The Company is not a party to any Tax allocation or sharing agreement. Other than with respect to the Tax Group of which the Company is the common parent, the Company has not (a) been a member of a Tax Group filing a consolidated income Tax Return under Section 1501 of the Code (or any similar provision of state, local or foreign law), and has no (b) liability for Taxes for any Person under Treasury Regulations Section 1.1502-6 (or any similar provision of state, local or foreign law) as a transferee or successor, by contract or otherwise.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Rudy 45), Stock Purchase Agreement (Irish Mag, Inc.), Stock Purchase Agreement (Hsin en Chao)

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No Tax Allocation, Sharing. The Company is not a party to any Tax allocation or sharing agreement. Other than with respect to the Tax Group of which the The Company is the common parent, the Company has not (a) has not been a member of a Tax Group filing a consolidated income Tax Return under Section 1501 of the Code (or any similar provision of state, local or foreign law), and has no (b) has no liability for Taxes for any Person under Treasury Regulations Section 1.1502-6 (or any similar provision of state, local or foreign law) as a transferee or successor, by contract or otherwise.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Ecash, Inc)

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