Common use of Adjustments Resulting in Overpayments Clause in Contracts

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 ICN of any Tax Benefit resulting from any adjustment to the tax Tax liability with respect to any ICN Federal Tax Return for any Consolidated Returnor Combined State Income Tax for any Pre-Distribution Period, ICN shall pay to RIBAPHARM its share of any such Tax Benefit, as Benefit determined in accordance with the principles of Sections 2.2 2.3 and 4. Any payments required under this Section 5.2(b5.4(b) shall include interest computed at the Prime Rate based on the number of days from the date the Tax Benefit was received by ICN to the date of payment to RIBAPHARM under this Section 5.2(b5.4(b).

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 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 Ribapharm under this Section 5.2(b).

Adjustments Resulting in Overpayments. Within 30 days of receipt by ICN of any Tax Benefit resulting from any adjustment to the tax Tax liability with respect to any ICN Federal Consolidated Returnor Combined Tax Return with respect to State Income Taxes for any Pre-Distribution Period, ICN shall pay to RIBAPHARM Ribapharm its share of any such Tax Benefit, as Benefit determined in accordance with the principles of Sections 2.2 2.3 and 4. Any payments required under this Section 5.2(b5.4(b) shall include interest computed at the Prime Rate based on the number of days from the date the Tax Benefit was received by ICN to the date of payment to RIBAPHARM under this Section 5.2(b5.4(b).