Adjustments Resulting in Overpayments. Except as provided in Section 4.7 (d), Distributing Co. shall retain any Tax refund or other Tax Benefit resulting from any adjustment to the Consolidated Tax Liability or to any Distributing Co. Federal Consolidated Return.
Adjustments Resulting in Overpayments. Within 30 days of receipt by ICN of any Tax Benefit resulting from any adjustment to the tax liability with respect to any ICN Federal Consolidated Return, ICN shall pay to RIBAPHARM its share of any such Tax Benefit, as determined in accordance with the principles of Sections 2.2 and 4. Any payments required under this Section 5.2(b) shall include interest computed at the Prime Rate based on the number of days from the date the Tax Benefit was received by ICN to the date of payment to RIBAPHARM under this Section 5.2(b).
Adjustments Resulting in Overpayments. Within 30 days of receipt by Tenneco of any Tax Benefit resulting from any adjustment to the Consolidated Tax Liability with respect to any Tenneco Federal Consolidated Return for any Pre-Distribution Period, Tenneco shall pay to Packaging Company or Packaging Company shall pay to Tenneco (as the case may be), respective amounts due from or to Tenneco as determined by the Responsible Company in accordance with Section 2.02(b). Any payments required under this Section 5.02(b) shall include interest computed at the Prime Rate based on the number of days from the date the Tax Benefit was received by Tenneco to the date of payment to under this Section 5.02(b).
Adjustments Resulting in Overpayments. Within 30 days of receipt by Valero of any Tax Benefit resulting from any adjustment to the Consolidated Federal Income Tax Liability with respect to any Valero Federal Consolidated Income Tax Return for any Pre-Distribution Period, Valero shall pay to Refining the Refining Group's respective share of any such Tax Benefit determined in accordance with Section 2.02(a). Valero shall also pay to Refining interest on Refining Group's respective share of such Tax Benefit computed at the Prime Rate based on the number of days from the date the Tax Benefit was received by Valero to the date of payment to Refining under this Section 5.02(b).
Adjustments Resulting in Overpayments. In the case of any Tax Benefits resulting from any adjustment to any Tax Return for any Consolidated or Combined State Income Tax for any Pre-Distribution Period, Tenneco shall pay to Packaging Company or Packaging Company shall pay to Tenneco (as the case may be) respective amounts due from or to Tenneco as determined in accordance with Section 2.03(b). Any payments owing to Packaging Company under this Section 5.04(b) shall be made within 60 days of the earlier of (i) the date of receipt of the Tax Benefit by Tenneco or (ii) receipt by Tenneco of a written notice and demand from Packaging Company evidencing the filing of the applicable Consolidated or Combined Income Tax Return containing the relevant adjustments and detailing the extent to which the resulting Tax Benefit is attributable to Packaging Company. Any payments owing to Tenneco under this Section 5.04(b) shall be made within 30 days of Tenneco's receipt of any Tax Benefit resulting from the adjustment to the applicable Consolidated or Combined State Income Tax Return. Any payments required under this Section 5.04(b) shall include interest computed at the Prime Rate based on the number of days from the date the Tax Benefit was received by Tenneco to the date of payment to Packaging Company under this Section 5.04(b).
Adjustments Resulting in Overpayments. Within 30 days of receipt by Tenneco of any Tax Benefit resulting from any adjustment to the Consolidated Tax Liability with respect to any Tenneco Federal Consolidated Return for any Pre-Distribution Period, Tenneco shall pay to Industrial Company and Shipbuilding Company, or Industrial Company and Shipbuilding Company shall pay to Tenneco (as the case may be), their respective amounts due from or to Tenneco as determined by the Responsible Company in accordance with Section 2.02(b). Any payments required under this Section 5.02(a) shall include interest computed at the Prime Rate based on the number of days from the date the Tax Benefit was received by Tenneco to the date of payment to Industrial Company or Shipbuilding Company under this Section 5.02(b). 5.03
Adjustments Resulting in Overpayments. Within 120 days of receipt by GS of any Tax Benefit resulting from any adjustment to the Tax liability with respect to any Tax Return for any Consolidated or Combined State Income Tax for any Pre-Distribution Period, GS shall pay to Systems its share of any such Tax Benefit determined by Systems. Any payments required under this Section 5.04(b) computed at the Prime Rate based on the number of days from the date the Tax Benefit was received by GS to the date of payment to Systems under this Section 5.04(b).
Adjustments Resulting in Overpayments. Within 30 days of receipt by NDC of any Tax Benefit resulting from any adjustment to the Tax liability with respect to any Tax Return for any Consolidated or Combined State Income Tax for any Pre-Distribution Period, NDC shall pay to Newco its share of any such Tax Benefit that is attributable to a permanent Tax Item, as determined in accordance with the principles of Section 2.1 and Article IV. Any payments required under this Section 5.4(b) shall include interest computed at the Prime Rate based on the number of days from the date the Tax Benefit was received by NDC to the date of payment under this Section 5.4(b).
Adjustments Resulting in Overpayments. Within 10 days of receipt by Distributing Co. of any Tax Benefit resulting from any Adjustment with respect to any Distributing Co. Federal Consolidated Tax Return, Distributing Co. shall pay to Controlled Co. any amounts due to Controlled Co. pursuant to the last sentence of Section 2.2(b).
Adjustments Resulting in Overpayments. Within 30 days of ------------------------------------- receipt of any Tax refund or adjustment to Tax liability resulting from any Adjustment relating to a Pre-Distribution Period, whichever of HCS, IB or SEB is or controls the person that received the related Tax Benefit shall pay to any party entitled to a share such Tax Benefit (that has not yet been paid pursuant to the terms of this Agreement) their respective shares thereof determined in accordance with Section 2.06. Any payments required under this Section 5.06(b) shall include interest computed at the Prime Rate plus 2.0%, per annum, based on the number of days from the date of the recomputation of Tax to the date of payment under this Section 5.06(b).
