VSH Group definition

VSH Group means VSH and its Subsidiaries other than the VPG Entities.

Examples of VSH Group in a sentence

  • VSH and the members of the VSH Group shall prepare or cause to be prepared, with assistance as needed from the members of the VPG Group, and file or cause to be filed all VSH Income Tax Returns.

  • Any VPG Straddle Period Tax Return (and any VPG Tax Return with respect to a Pre-Closing Tax Period) shall be prepared in a manner consistent with the prior practice of the VSH Group and the VPG Entities, unless otherwise required by law.

  • VPG and the members of the VPG Group shall prepare or cause to be prepared, with the assistance of the members of the VSH Group (to the extent necessary) and file or cause to be filed, all VPG Tax Returns.

  • Any and all existing Tax Sharing Agreements, whether written or unwritten, between any member of the VSH Group, on the one hand, and any member of the VPG Group, on the other hand, shall be terminated as of the Distribution Date as between such Parties.

  • Notwithstanding anything to the contrary in the this Agreement, if VSH or a VSH Group member receives notice, whether written or otherwise, that the Israeli tax authorities may challenge the ability to offset the gain on the VIL asset sale with the NOL, VSH shall promptly notify VPG.

  • As of the Distribution Date, neither the members of the VPG Group nor the members of the VSH Group shall have any further rights or liabilities under any such agreement, and this Agreement shall be the sole Tax Matters Agreement between the members of the VPG Group and the members of the VSH Group.

  • Provided that VSH receives such Advice, VSH agrees that the Tax Return for VIL that includes the VIL Asset Sale shall be prepared and filed on the assumption that the NOL of VIL offsets the gain on the VIL Asset Sale and VSH shall not and shall not permit any member of the VSH Group to take a different position on any Tax Return or in any discussion, whether written or oral, with any Tax Authorities.

  • Provided that VSH receives such Advice, VSHagrees that the Tax Return for VIL that includes the VIL Asset Sale shall be prepared and filed on the assumption that the NOL of VIL offsets the gain on the VIL Asset Sale and VSH shall not and shall not permit any member of the VSH Group to take a different position on any Tax Return or in any discussion, whether written or oral, with any Tax Authorities.