Allocation of Taxes Relating to Separate Returns. Except as otherwise provided herein: (i) Distributing shall pay and be responsible for any and all Taxes due with respect to or required to be reported on any Distributing Separate Return (including any increase in such Taxes as a result of a Final Determination) for all Tax Periods. (ii) SpinCo shall pay and be responsible for any and all Taxes due with respect to or required to be reported on any SpinCo Separate Return (including any increase in such Taxes as a result of a Final Determination) for all Tax Periods.
Appears in 3 contracts
Samples: Tax Matters Agreement (Crane Co), Tax Matters Agreement (Crane NXT, Co.), Tax Matters Agreement (Crane Co)
Allocation of Taxes Relating to Separate Returns. Except as otherwise provided herein:
(i) Distributing Spinco shall pay and be responsible for any and all Taxes due with respect to or required to be reported on any Distributing Spinco Separate Return (including any increase in such Taxes as a result of a Final Determination) for all Tax Periods.
(ii) SpinCo WDC shall pay and be responsible for any and all Taxes due with respect to or required to be reported on any SpinCo WDC Separate Return (including any increase in such Taxes as a result of a Final Determination) for all Tax Periods.
Appears in 1 contract
Samples: Tax Matters Agreement (Sandisk Corp)