Common use of Net Operating Losses Clause in Contracts

Net Operating Losses. Net operating loss carryovers, current losses and other Tax attributes available to the CP Consolidated Group may be used by any member of the CP Consolidated Group without compensation to other members of the Consolidated Group generating such attributes.

Appears in 3 contracts

Sources: Tax Allocation Agreement (Texas Genco Holdings Inc), Tax Allocation Agreement (Centerpoint Energy Inc), Tax Allocation Agreement (Texas Genco Holdings Inc)