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

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

Appears in 4 contracts

Samples: Tax Matters Agreement, Tax Matters Agreement (Varian Medical Systems Inc), Tax Matters Agreement (Varex Imaging Corp)

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

Appears in 2 contracts

Samples: Tax Sharing Agreement (SunCoke Energy, Inc.), Tax Sharing Agreement (SunCoke Energy, Inc.)

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