Common use of Termination of Tax Sharing Agreements Clause in Contracts

Termination of Tax Sharing Agreements. The Seller shall cause any Tax allocation agreement, Tax indemnity agreement, Tax sharing agreement or similar Contract between either Company and any other Person to be terminated as of the day immediately 50 preceding the Closing Date such that, on, from and after the Closing Date, neither Company shall be obligated to make any payment pursuant to any such agreement for any Tax period.

Termination of Tax Sharing Agreements. The Seller shall cause any all Tax sharing or Tax allocation agreement, Tax indemnity agreement, Tax sharing agreement agreements binding the Company or similar Contract between either Company and any other Person Subsidiary to be terminated as of no later than the day immediately 50 preceding the Closing Date such that, on, from and after prior to the Closing Date, neither Company shall be obligated to make any payment pursuant to any such agreement for any Tax period.

Termination of Tax Sharing Agreements. The Seller shall cause any Tax allocation agreement, Tax indemnity agreement, Tax all tax-sharing agreement agreements or similar Contract between either agreements to which any Acquired Company and any other Person is a party prior to the Closing to be terminated with respect to such Acquired Company as of the day immediately 50 preceding the Closing Date such thatand, on, from and after the Closing Date, neither such Acquired Company shall not be obligated to make bound thereby or have any payment pursuant to any such agreement for any Tax periodliability thereunder.

Termination of Tax Sharing Agreements. The Seller shall cause the provisions of any Tax allocation agreement, Tax indemnity agreement, Tax sharing agreement or similar Contract between either Seller and any of its Affiliates (other than the Company and any the Company Subsidiary), on the one hand, and the Company or the Company Subsidiary, on the other Person hand, to be terminated as of the day immediately 50 preceding the Closing Date such that, on, from and after on or before the Closing Date, neither Company shall be obligated to make any payment pursuant to any such agreement for any Tax period.

Termination of Tax Sharing Agreements. The Seller shall cause terminate any and all Tax allocation agreement, Tax indemnity agreement, Tax or sharing agreement or similar Contract between either agreements binding the Company and any other Person to be terminated as of the day immediately 50 preceding the Closing Date such that, on, from and after before the Closing Date, neither Company shall be obligated to make any payment pursuant to any such agreement for any Tax period.

Termination of Tax Sharing Agreements. The Seller On or prior to the Closing Date, Sellers shall cause any Tax allocation agreement, Tax indemnity agreement, all Tax sharing agreement agreements between Sellers or similar Contract between either Company and any other Person to be terminated of their affiliates (as of the day determined immediately 50 preceding the Closing Date such that, on, from and after the Closing Date) on the one hand, neither and the Company and its Subsidiaries on the other hand, to be terminated, and all obligations thereunder shall be obligated to make settled, and no additional payments shall be made under any payment pursuant to any such agreement for any Tax periodprovisions thereof after the Closing Date.

Termination of Tax Sharing Agreements. The As of the Closing Date, Seller shall cause any the participation of each Acquired Company in all written Tax allocation agreement, Tax indemnity agreement, and Tax sharing agreement or similar Contract agreements and arrangements between either Company Seller and any its Affiliates (other Person than the Acquired Companies), on the one hand, and such Acquired Company, on the other hand, to be terminated as of the day immediately 50 preceding the Closing Date so that such that, on, from and after the Closing Date, neither Acquired Company shall be obligated to make any payment pursuant to any such agreement for any Tax periodwill have no further rights or obligations thereunder.

Termination of Tax Sharing Agreements. The Seller Selling Companies shall cause any Tax allocation agreement, Tax indemnity agreement, Tax sharing agreement or similar Contract between either Company and involving any other Person of the Transferred Subsidiaries to be terminated as of the day immediately 50 preceding the Closing Date such that, on, from and after on or before the Closing Date, neither Company shall be obligated to make any payment pursuant to any such agreement for any Tax period.

Termination of Tax Sharing Agreements. The Seller shall cause any all Tax allocation agreementsharing, Tax allocation, indemnity agreement, Tax sharing agreement or similar Contract between either agreements with respect to or involving Company and any other Person to be terminated as of the day immediately 50 preceding the Closing Date such that, on, from and after with the Closing Date, neither result that Company shall be obligated to make not have any payment pursuant to any such agreement for any Tax periodfurther liability thereunder.