Examples of Tax Protection Agreement in a sentence
Neither any Loan Party nor any Subsidiary thereof is party to any tax sharing agreement; provided, that for the sake of clarity, no Tax Protection Agreement (as in effect on the Restatement Effective Date or as modified thereafter with the prior written consent of the Administrative Agent) shall be treated as a tax sharing agreement.
Chateau shall have the right to complete Schedule 1 to the Tax Protection Agreement and to allocate up to $200,000,000 of Protected Amounts (as defined in the Tax Protection Agreement) to the Contributing OP Unit Holders, and to complete Schedules 2(a) and 2(b) to the Tax Protection Agreement to allocate the Aggregate 704(c) Amount (which may not exceed $97,000,000) with respect to the properties identified thereon and to the Partners Share of 704(c) Amount among the Continuing OP Unitholders.
Parent shall cause any Subsidiary of Parent identified on the signature page of the Tax Protection Agreement to, and Chateau OP to, become a party to the Tax Protection Agreement.
Neither any Loan Party nor any Subsidiary thereof is party to any tax sharing agreement; provided, that for the sake of clarity, no Tax Protection Agreement (as in effect on the Closing Date or as modified thereafter with the prior written consent of the Administrative Agent) shall be treated as a tax sharing agreement.
Any OP Unit Holder electing option (A) as provided in Section 4.2(c) must also agree to become a party to the Limited Partnership Agreement of the Surviving Partnership and, at its election, may become a party to the Tax Protection Agreement in substantially the form attached hereto as Exhibit E (the Tax Protection Agreement).