Allocation of Tax Liabilities. The provisions of this Section 2 are intended to determine each Company's liability for Taxes with respect to Pre-Distribution Periods. Once the liability has been determined under this Section 2, Section 5 determines the time when payment of the liability is to be made, and whether the payment is to be made to the Tax Authority directly or to another Company.
Appears in 9 contracts
Samples: Distribution Agreement (Tenneco Packaging Inc), Distribution Agreement (Tenneco Packaging Inc), Tax Sharing Agreement (Tenneco Packaging Inc)
Allocation of Tax Liabilities. The provisions of this Section 2 are intended to determine each Company's liability for Taxes with respect to Pre-Distribution Periods. Once the liability has been determined under this Section 2, Section 5 determines the time when payment of the liability is to be made, and whether the payment is to be made to the Tax Authority directly or to another the other Company.
Appears in 5 contracts
Samples: Tax Matters Agreement (Us Neurosurgical Inc), Tax Sharing Agreement (Anc Rental Corp), Tax Sharing Agreement (Autonation Inc /Fl)
Allocation of Tax Liabilities. The provisions of this Section 2 are intended to determine each Company's liability for Taxes with respect to Pre-Distribution Periods. Once the liability has been determined under this Section 2, Section 5 determines the time when payment of the liability is to be made, and whether the payment is to be made to the Tax Authority directly or to another Company.
2.01 General Rule (a)
Appears in 4 contracts
Samples: Tax Sharing Agreement (Newport News Shipbuilding Inc), Tax Sharing Agreement (Tenneco Inc /De), Tax Sharing Agreement (New Tenneco Inc)
Allocation of Tax Liabilities. The provisions of this Section 2 are intended to determine each Company's liability for Taxes with respect to Pre-Pre- Distribution Periods. Once the liability has been determined under this Section 2, Section 5 determines the time when payment of the liability is to be made, and whether the payment is to be made to the Tax Authority directly or to another the other Company.
Appears in 3 contracts
Samples: Tax Sharing Agreement (Dover Downs Gaming & Entertainment Inc), Tax Sharing Agreement (Dover Downs Entertainment Inc), Tax Sharing Agreement (Dover Downs Gaming & Entertainment Inc)
Allocation of Tax Liabilities. The provisions of this Section 2 are intended to determine each Company's liability for Taxes with respect to Pre-Distribution Periods, Straddle Periods, and Post-Distribution Periods. Once the liability has been determined under this Section 2, Section 5 determines the time when payment of the liability is to be made, and whether the payment is to be made to the Tax Authority directly or to another Company.
Appears in 2 contracts
Samples: Tax Sharing Agreement (Commscope Inc), Tax Sharing Agreement (General Semiconductor Inc)
Allocation of Tax Liabilities. The provisions of this Section 2 are intended to determine each Company's liability for Taxes with respect to Pre-IPO Periods. The provisions of Section 2.5(a)(ii) and (b) are intended to determine each Company's liability for Distribution PeriodsTaxes, if any, even though such Taxes arise in a Post-IPO Period. Once the liability has been determined under this Section 2, Section 5 determines the time when payment of the liability is to be made, and whether the payment is to be made to the Tax Authority directly or to another the other Company.
Appears in 1 contract
Samples: Tax Indemnification and Allocation Agreement (Republic Services Inc)
Allocation of Tax Liabilities. The provisions of this Section 2 are intended to determine each Company's liability for Taxes with respect to Pre-Distribution Periods. Once the liability has been determined under this Section 2, Section 5 determines the time when payment of the liability is to be made, and whether the payment is to be made to the Tax Authority directly or to another the other Company.
(a) GENERAL RULE
Appears in 1 contract
