Common use of Allocation of Transaction Taxes Clause in Contracts

Allocation of Transaction Taxes. (a) Except as otherwise provided in this Section 4.03, all Transaction Taxes shall be allocated to (i) Ashland Global in an amount equal to such Transaction Taxes multiplied by the Proportionate Share Factor of Ashland Global and (ii) Valvoline in an amount equal to such Transaction Taxes multiplied by the Proportionate Share Factor of Valvoline.

Appears in 5 contracts

Samples: Tax Matters Agreement, Tax Matters Agreement (Valvoline Inc), Tax Matters Agreement (Ashland LLC)

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