Common use of Tax Consolidation Clause in Contracts

Tax Consolidation. The Borrower will not and will not permit any of its Subsidiaries to (a) file or consent to the filing of any consolidated, combined or unitary income tax return with any Person other than the Borrower and its Subsidiaries or (b) amend, terminate or fail to enforce any existing tax sharing agreement or similar arrangement if such action would cause a Material Adverse Effect.

Appears in 3 contracts

Samples: Credit Agreement (Fund American Enterprises Holdings Inc), Credit Agreement (White Mountains Insurance Group LTD), Credit Agreement (Fund American Enterprises Holdings Inc)

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Tax Consolidation. The Borrower will not and will not permit any of its Subsidiaries to (a) file or consent to the filing of any consolidated, combined or unitary income tax return with any Person other than the Borrower Parent and its Subsidiaries or (b) amend, terminate or fail to enforce any existing tax sharing agreement or similar arrangement if such action would cause a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Fund American Enterprises Holdings Inc), Credit Agreement (Fund American Enterprises Holdings Inc)

Tax Consolidation. The Borrower will not and will not permit any ----------------- of its Subsidiaries to (a) file or consent to the filing of any consolidated, combined or unitary income tax return with any Person other than the Borrower Parent and its Subsidiaries or (b) amend, terminate or fail to enforce any existing tax sharing agreement or similar arrangement if such action would cause a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Fund American Enterprises Holdings Inc), Credit Agreement (Fund American Enterprises Holdings Inc)

Tax Consolidation. The Borrower will not and will not permit any ----------------- of its Subsidiaries to (a) file or consent to the filing of any consolidated, combined or unitary income tax return with any Person other than the Borrower and its Subsidiaries or (b) amend, terminate or fail to enforce any existing tax sharing agreement or similar arrangement if such action would cause a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Fund American Enterprises Holdings Inc), Credit Agreement (Fund American Enterprises Holdings Inc)

Tax Consolidation. The Borrower will shall not and will not file or consent to or permit the filing of any consolidated income tax return on behalf of it or any of its Subsidiaries to (a) file or consent to the filing of any consolidated, combined or unitary income tax return with any Person (other than a consolidated return for the group of which Parent is the common parent). The Borrower shall not, and shall not permit any Subsidiary to, enter into any agreement with any Person which would cause the Borrower and its Subsidiaries or such Subsidiary to bear more than the amount of taxes to which it would have been subject had it separately filed (b) amend, terminate or fail to enforce any existing tax sharing agreement or similar arrangement if such action would cause filed as part of a Material Adverse Effectconsolidated return among the Borrower’s Subsidiaries).

Appears in 2 contracts

Samples: Revolving Credit Agreement (Sheridan Group Inc), Revolving Credit Agreement (Sheridan Group Inc)

Tax Consolidation. The Borrower will not and will not permit any of its Subsidiaries to (a) file or consent to the filing of any consolidated, combined or unitary consolidated income tax return with any Person (other than any of its Subsidiaries), except as required by law. The Borrower will not amend any Tax Sharing Agreement without the Borrower and its Subsidiaries or (b) amend, terminate or fail to enforce any existing tax sharing agreement or similar arrangement if such action would cause a Material Adverse Effectprior written consent of the Required Lenders except as required by applicable law.

Appears in 1 contract

Samples: Credit Agreement (Alleghany Corp /De)

Tax Consolidation. The Borrower will not and will not permit any of its Subsidiaries to (a) file or consent to the filing of any consolidated, combined or unitary income tax return with any Person other than the Borrower and its Subsidiaries Subsidiaries, except as may be required by any state taxing authority, or (b) amend, terminate or fail to enforce any existing tax sharing agreement or similar arrangement if such action would cause a Material Adverse Effectthe Tax Sharing Agreement.

Appears in 1 contract

Samples: Credit Agreement (Rawlings Sporting Goods Co Inc)

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Tax Consolidation. The Borrower will not not, and will not permit the Borrower or any of its Subsidiaries to (a) Subsidiary to, file or consent to the filing of of, any consolidated, combined or unitary consolidated income tax return with any Person other than the Borrower and its Subsidiaries or (b) amend, terminate or fail to enforce any existing tax sharing agreement or similar arrangement if such action would cause a Material Adverse EffectSubsidiaries.

Appears in 1 contract

Samples: Credit Agreement (First Interstate Bancsystem Inc)

Tax Consolidation. The No Borrower will, nor will not and will not it permit any of its Subsidiaries to (a) to, file or consent to the filing of any consolidated, combined or unitary consolidated income tax return with any Person (other than the Borrower and Company or any of its Subsidiaries or (bSubsidiaries) amendunless that other Person shall have agreed in writing with the Borrowers that the Borrowers' liability with respect to taxes as a result of the filing of any such consolidated income tax return with such Person shall not be greater, terminate or fail nor the receipt of any tax benefits less, than they would have been had the Borrowers continued to enforce any existing file an unconsolidated income tax sharing agreement or similar arrangement if such action would cause a Material Adverse Effectreturn.

Appears in 1 contract

Samples: Credit Agreement (Mac Frugals Bargains Close Outs Inc)

Tax Consolidation. The Borrower will not and will not permit any of its Subsidiaries to (a) file or consent to the filing of any consolidated, combined or unitary income tax return with any Person other than the Borrower and its Subsidiaries or (b) amend, terminate or fail to enforce the Tax Sharing Agreement or enter into any existing other tax sharing agreement or similar arrangement if such action would cause a Material Adverse Effectarrangement.

Appears in 1 contract

Samples: Credit Agreement (American Country Holdings Inc)

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