Common use of Allocation of Income Tax Relating to B/E Federal Consolidated Income Tax Returns Clause in Contracts

Allocation of Income Tax Relating to B/E Federal Consolidated Income Tax Returns. With respect to any B/E Federal Consolidated Income Tax Return, B/E shall be responsible for any and all Federal Income Taxes due with respect to or required to be reported on any such Income Tax Return.

Appears in 3 contracts

Samples: Tax Sharing and Indemnification Agreement, Separation and Distribution Agreement (KLX Inc.), Tax Sharing and Indemnification Agreement (KLX Inc.)

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Allocation of Income Tax Relating to B/E Federal Consolidated Income Tax Returns. With respect to any B/E Federal Consolidated Income Tax Return, B/E shall be responsible for any and all Federal Income Taxes due with respect to or required to be reported on any such Income Tax Return.

Appears in 1 contract

Samples: Tax Sharing and Indemnification Agreement (KLX Inc.)

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