Common use of Termination of Existing Tax Sharing Agreements Clause in Contracts

Termination of Existing Tax Sharing Agreements. Any and all existing Tax sharing agreements (whether written or not) binding upon the Target shall be terminated as of the Closing Date. After such date neither the Target nor any of its Representatives shall have any further rights or liabilities thereunder.

Appears in 5 contracts

Samples: Agreement and Plan of Merger (Ficaar, Inc), Agreement and Plan of Merger (Cruzani, Inc.), Agreement and Plan of Merger (Fdctech, Inc.)

AutoNDA by SimpleDocs

Termination of Existing Tax Sharing Agreements. Any and all existing Tax sharing agreements (whether written or not) binding upon the Target shall be terminated as of the Closing Date. After such date neither the Target Target, any Seller nor any of its Parent’s Affiliates and their respective Representatives shall have any further rights or liabilities Liabilities thereunder.

Appears in 1 contract

Samples: Membership Interest and Asset Purchase Agreement (CONSOL Energy Inc)

Termination of Existing Tax Sharing Agreements. Any and all existing Tax sharing agreements (whether written or not) binding upon the any Target Party shall be terminated as of the Closing Date. After such date neither the any Target Party, Seller nor any of its Seller’s Affiliates and their respective Representatives shall have any further rights or liabilities Liabilities thereunder.

Appears in 1 contract

Samples: Securities Purchase Agreement (Voyager Oil & Gas, Inc.)

AutoNDA by SimpleDocs

Termination of Existing Tax Sharing Agreements. Any and all existing Tax sharing agreements (whether written or not) binding upon the any Target Company shall be terminated as of the Closing Date. After such date neither none of the Target Companies, Sellers, nor any of its Sellers’ Affiliates and their respective Representatives shall have any further rights or liabilities thereunder.

Appears in 1 contract

Samples: Stock Purchase Agreement (RE/MAX Holdings, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.