Common use of A U Clause in Contracts

A U. S. consolidated income tax return shall be filed by the Parent for the tax year ended March 31, 1997, and for each subsequent taxable period in respect of which this Agreement is in effect and for which the Affiliated Group is required or permitted to file a consolidated tax return. Each Subsidiary shall execute and file such consent, elections, and other documents that may be required or appropriate for the proper filing of such returns.

A U. S. consolidated income tax return shall be filed by the Parent for the tax year taxable period ended March December 31, 1997, and for each subsequent taxable period in respect of which this Agreement is in effect and for which the Affiliated Group is required or permitted to file be included in a consolidated tax return. Each Subsidiary subsidiary shall execute and file such consent, elections, and other documents that may be required or appropriate for the proper filing of such returns. 2. a. For the taxable period, each member of the Affiliated Group shall compute its separate tax liability as if it had filed a separate tax return and shall pay such amount to the Parent.

A U. S. consolidated S.consolidated income tax return shall be filed by the Parent for the tax year ended March 31, 1997, and for each subsequent taxable period in respect of which this Agreement is in effect and for which the Affiliated Group is required or permitted to file a consolidated tax return. Each Subsidiary shall execute and file such consent, elections, and other documents that may be required or appropriate for the proper filing of such returns.