Tax Sharing Contracts. As of the Closing, all Tax sharing or similar agreements involving the Company shall be terminated as of the Closing Date, and the Company shall not have any further rights or Liabilities under any such agreement after the Closing Date.
Appears in 2 contracts
Sources: Purchase Agreement (MGM Mirage), Purchase Agreement (MGM Mirage)
Tax Sharing Contracts. As of the Closing, all All Tax sharing agreements or similar agreements Contracts with respect to or involving the Company or any of its Subsidiaries shall be terminated as no later than the Closing Date (in each case, other than agreements entered into in the ordinary course of business the primary purpose of which does not relate to Tax matters and intercompany agreements between and among any of the Closing Date, Company and any of its Subsidiaries) and neither the Company nor any of its Subsidiaries shall not be bound thereby or have any further rights or Liabilities liability under any such agreement terminated Contracts after the Closing Date.
Appears in 1 contract
Sources: Stock Purchase Agreement (Altisource Portfolio Solutions S.A.)