Common use of Closing Tax Period Clause in Contracts

Closing Tax Period. The Parties hereto shall, to the extent permitted or required under applicable Law, treat the Closing Date as the last day of the taxable period of the Group Companies for all Tax purposes, and Buyer shall cause the Group Companies to join Buyer’s “consolidated group” (as defined in Treasury Regulations Section 1.1502-76(h) or similar provisions of U.S. state, local or non-U.S. Law) effective on the day after the Closing Date.

Appears in 1 contract

Samples: Stock Purchase Agreement (McGrath Rentcorp)

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Closing Tax Period. The Parties hereto shall, to the extent permitted or required under applicable Law, treat the Closing Date as the last day of the taxable period of the Group Companies for all Tax purposes, and Buyer shall cause the Group Companies to join Buyer’s “consolidated group” (as defined in Treasury Regulations Section 1.1502-76(h) or similar provisions of U.S. state, local or non-U.S. Law)) effective on the day after the Closing Date.

Appears in 1 contract

Samples: Stock Purchase Agreement (Amn Healthcare Services Inc)

Closing Tax Period. The Parties parties hereto shall, to the extent permitted or required under applicable Law, treat the Closing Date as the last day of the taxable period of the Group Companies Company and its Subsidiaries for all Tax purposes, and Buyer Purchaser shall cause the Group Companies Company and its Subsidiaries to join BuyerPurchaser’s “consolidated group” (as defined in Treasury Regulations Section 1.1502-76(h)) or similar provisions of U.S. state, local or non-U.S. Law) effective on the day after the Closing Date.

Appears in 1 contract

Samples: Securities Purchase Agreement (Novanta Inc)

Closing Tax Period. The Parties parties hereto shall, to the maximum extent permitted or required under applicable LawLegal Requirement, treat the Closing Date as the last day of the taxable period of the Group Companies for all Tax purposes, and Buyer shall cause the Group Companies to join Buyer’s “consolidated group” (as defined in Treasury Regulations Section 1.1502-76(h)) or similar provisions of U.S. state, (and analogous state and local or non-U.S. Lawincome Tax law) effective on the day after the Closing Date.

Appears in 1 contract

Samples: Stock Purchase Agreement (Fox Factory Holding Corp)

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Closing Tax Period. The Parties parties hereto shall, to the extent permitted or required under applicable Law, treat the Closing Date as the last day of the taxable period of the Group Companies Company’s and its Subsidiaries for all Tax purposes, and Buyer shall the Purchaser shall, except as otherwise required by applicable law, cause the Group Companies Company and its applicable U.S. Subsidiaries to join Buyerthe Purchaser’s “consolidated group” (as defined in Treasury Regulations Section 1.1502-76(h) or similar provisions of U.S. state, local or non-U.S. Law) effective on the day after the Closing Date.

Appears in 1 contract

Samples: Unit Purchase Agreement (Cadre Holdings, Inc.)

Closing Tax Period. The Parties hereto shall, to the extent permitted or required under applicable Law, treat the Closing Date as the last day of the taxable period of the Group Companies Company and its Subsidiaries for all Tax purposes, and Buyer Parent shall cause the Group Companies Company to join BuyerParent’s “consolidated group” (as defined in Treasury Regulations Section 1.1502-76(h) or similar provisions of U.S. state, local or non-U.S. Law)) effective on the day after the Closing Date.

Appears in 1 contract

Samples: Agreement and Plan of Merger (SPX Technologies, Inc.)

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