Standalone Basis. Whenever it is necessary to determine the liability of any Company or any Subsidiary of a Company for Taxes, such liability shall be computed as if such Company or such Subsidiary of a Company was not a member of Sithe's or Genco's consolidated, affiliated, combined or unitary group for Tax purposes.
Appears in 2 contracts
Sources: Purchase Agreement (Reliant Energy Resources Corp), Purchase Agreement (Reliant Energy Mid Atlantic Power Services Inc)
Standalone Basis. Whenever it is necessary to determine the liability of any Company or any Subsidiary of a Company for Taxes, such liability shall be computed as if such Company or such Subsidiary of a the Company was not a member of Sithe's or GencoSeller's consolidated, affiliated, combined or unitary group for Tax purposes.
Appears in 1 contract