Common use of Amended Tax Returns and Other Actions Clause in Contracts

Amended Tax Returns and Other Actions. (a) Any amended Tax Return or claim for a Tax refund (or any other similar benefits) with respect to any Party may be made by the Party responsible for filing the original Tax Return as set forth in this Article 2. To the extent that any Tax benefits (or any other similar benefits arising from such amended Tax Return) are derived from the filing of an amended Tax Return (including with the consent of an Affected Party obtained pursuant to Section 2.3(b)), the Party responsible for filing such Tax Return shall be entitled to receive any such Tax Benefits, except to the extent otherwise agreed to by the Parties in writing.

Appears in 3 contracts

Samples: Tax Indemnity and Cooperation Agreement (Lithium Americas Corp.), Indemnity and Cooperation Agreement (Lithium Americas (Argentina) Corp.), Tax Indemnity and Cooperation Agreement (1397468 B.C. Ltd.)

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Amended Tax Returns and Other Actions. (a) Any 2.4.1 Subject to Section 2.4.2, any amended Tax Return or claim for a Tax refund (or any other similar benefits) with respect to any Party may be made by the Party responsible for filing the original Tax Return as set forth in this Article 2. To the extent that any Tax benefits (or any other similar benefits arising from such amended Tax Return) are derived from the filing of an amended Tax Return (including with the consent of an Affected Party obtained pursuant to Section 2.3(b)2.4.2), the Party responsible for filing such Tax Return shall be entitled to receive any such Tax Benefits, except to the extent otherwise agreed to by the Parties in writing.

Appears in 1 contract

Samples: Tax Matters Agreement (Brookfield Asset Management Ltd.)

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