Common use of Allocation of Earnings and Profits Clause in Contracts

Allocation of Earnings and Profits. The allocation of earnings and profits between Dover and Xxxxxxx and between their Affiliates in the case of any Internal Distribution shall be reasonably determined by Dover pursuant to Section 312(h) of the Code and the relevant Treasury Regulations under the Code. Dover shall provide the allocation of earnings and profits to Xxxxxxx within ninety days after the Distribution Date.

Appears in 2 contracts

Samples: Tax Matters Agreement (Knowles Corp), Tax Matters Agreement (DOVER Corp)

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Allocation of Earnings and Profits. The allocation of earnings and profits between Dover and Xxxxxxx and between their Affiliates in the case of any Internal Distribution shall be reasonably determined by Dover pursuant to Section 312(h) of the Code and the relevant Treasury Regulations under the Code. Dover shall provide the allocation of earnings and profits to Xxxxxxx within ninety days after the Distribution Datedistribution date.

Appears in 2 contracts

Samples: Tax Matters Agreement (Knowles Corp), Tax Matters Agreement (Knowles Corp)

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