Common use of Push-Out Election Clause in Contracts

Push-Out Election. Notwithstanding anything to the contrary in this Agreement, the Company shall make the election under Section 6226 of the Code (or any similar provision of state, local or other Tax Law) with respect to the alternative to payment of imputed underpayment for any pre-closing Tax period.

Push-Out Election. Notwithstanding anything herein to the contrary contrary, in this Agreementthe Counterparty’s sole discretion, in connection with any audit, proceeding or other dispute relating to a Pre-Closing Tax Period, the Company shall may make the an election under Section 6226 of the Code (or and Sellers will fully cooperate with the Counterparty and the Company in the making of any similar provision of state, local or other Tax Law) with respect to the alternative to payment of imputed underpayment for any pre-closing Tax periodsuch election.