Common use of Allocation of Tax Relating to Federal Separate Income Tax Returns Clause in Contracts

Allocation of Tax Relating to Federal Separate Income Tax Returns. (i) Valero shall be responsible for any and all Federal Income Taxes due with respect to or required to be reported on any Valero Separate Return (including any increase in such Tax as a result of a Final Determination); (ii) Corner Store shall be responsible for any and all Federal Income Taxes due with respect to or required to be reported on any Corner Store Separate Return (including any increase in such Tax as a result of a Final Determination).

Appears in 4 contracts

Samples: Tax Matters Agreement, Tax Matters Agreement (CST Brands, Inc.), Tax Matters Agreement (CST Brands, Inc.)

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