Tax Separation Date definition

Tax Separation Date means the date of this Agreement.

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Examples of Tax Separation Date in a sentence

• Any liability or other obligation for any and all Taxes imposed or otherwise assessed on or with respect to the Contributed Assets or the operations of the Business, including the Subsidiaries, for any taxable period or portion thereof beginning after the Tax Separation Date ("Post-Tax Separation Date Taxes") shall be for the account of Pechiney Plastics and Pechiney Plastics shall indemnify and hold harmless ANC against any such Post-Tax Separation Date Taxes.

• Any liability or other obligation for any and all Taxes imposed or otherwise assessed on or with respect to the Contributed Assets or the operations of the Business, including the Subsidiaries, for any taxable period or portion thereof ending on or before the Tax Separation Date ("Pre-Tax Separation Date Taxes") shall be for the account of ANC and ANC shall indemnify and hold harmless Pechiney Plastics against any such Pre-Tax Separation Date Taxes.