Definition of Pre-Closing Affiliated Group

  1. Pre-Closing Affiliated Group means HPI, FastFunds and each of the Other Subsidiaries, to the extent that such corporation was a member of HPI's Affiliated Group during any Pre-Closing Taxable Year; and any of their respective successors that retain their Taxable attributes. To the extent applicable to any state income Tax matters, the "Pre-Closing Affiliated Group" shall also include all corporations joining, or whose income is reported, in the filing of a consolidated, combined or unitary income Tax Return for the state in question.

Definition of Pre-Closing Affiliated Group in Release Agreement

Pre-Closing Affiliated Group means HPI, FastFunds and each of the Other Subsidiaries, to the extent that such corporation was a member of HPI's Affiliated Group during any Pre-Closing Taxable Year; and any of their respective successors that retain their Taxable attributes. To the extent applicable to any state income Tax matters, the "Pre-Closing Affiliated Group" shall also include all corporations joining, or whose income is reported, in the filing of a consolidated, combined or unitary income Tax Return for the state in question.