Common use of Allocation of State Other Tax Clause in Contracts

Allocation of State Other Tax. (i) UTC shall be responsible for any and all State Other Taxes due with respect to or required to be reported on any (A) UTC Separate Return or (B) Joint Return that UTC or any member of the UTC Group is obligated to file under applicable Tax Law; (ii) Carrier shall be responsible for any and all State Other Taxes due with respect to or required to be reported on any (A) Carrier Separate Return or (B) Joint Return that Carrier or any member of the Carrier Group is obligated to file under applicable Tax Law; and (iii) Otis shall be responsible for any and all State Other Taxes due with respect to or required to be reported on any (A) Otis Separate Return or (B) Joint Return that Xxxx or any member of the Otis Group is obligated to file under applicable Tax Law; in each case, including any increase in such Tax as a result of a Final Determination.

Appears in 4 contracts

Samples: Tax Matters Agreement (Carrier Global Corp), Tax Matters Agreement (Otis Worldwide Corp), Tax Matters Agreement (Otis Worldwide Corp)

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Allocation of State Other Tax. (i) UTC shall be responsible for any and all State Other Taxes due with respect to or required to be reported on any (A) UTC Separate Return or (B) Joint Return that UTC or any member of the UTC Group is obligated to file under applicable Tax Law; (ii) Carrier shall be responsible for any and all State Other Taxes due with respect to or required to be reported on any (A) Carrier Separate Return or (B) Joint Return that Carrier or any member of the Carrier Group is obligated to file under applicable Tax Law; and (iii) Otis shall be responsible for any and all State Other Taxes due with respect to or required to be reported on any (A) Otis Xxxx Separate Return or (B) Joint Return that Xxxx or any member of the Otis Xxxx Group is obligated to file under applicable Tax Law; in each case, including any increase in such Tax as a result of a Final Determination.

Appears in 3 contracts

Samples: Tax Matters Agreement (Raytheon Technologies Corp), Tax Matters Agreement (Carrier Global Corp), Tax Matters Agreement (Otis Worldwide Corp)

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