Common use of Foreign Tax Returns Clause in Contracts

Foreign Tax Returns. Logility shall not be required to consent to the ------------------- filing of any foreign tax return to be filed on a combined, consolidated, or unitary basis with the ASI Sub-Group unless and until this Agreement is modified to take into account the allocation of such foreign tax liability between the ASI Sub-Group and the Logility Group. The allocation of such foreign tax liability shall be in accordance with the principles set forth in this Agreement.

Appears in 2 contracts

Sources: Tax Sharing Agreement (Logility Inc), Tax Sharing Agreement (American Software Inc)