Amendment to Section 6.1. Section 6.1 of the Agreement is hereby amended by: (a) adding to Section 6.1 immediately before the words “Cendant shall and shall cause its Subsidiaries” the following: “In the event that Cendant has not directly paid to the relevant Taxing Authorities the liabilities it has Assumed under this Agreement, then, to the extent such liabilities were paid by Realogy or Wyndham (or any of their Affiliates), as applicable,”; and (b) replacing the text in Section 6.1(a) in its entirety with the following: “all such liabilities Assumed by Cendant and for which Cendant is accordingly responsible under this Agreement; and”
Appears in 2 contracts
Samples: Tax Sharing Agreement (Wyndham Worldwide Corp), Tax Sharing Agreement (Avis Budget Group, Inc.)
Amendment to Section 6.1. Section 6.1 of the Agreement is hereby amended by:
(a) adding to Section 6.1 immediately before the words “Cendant shall and shall cause its Subsidiaries” the following: “In the event that Cendant has not directly paid to the relevant Taxing Authorities the liabilities it has Assumed under this Agreement, then, to the extent such liabilities were paid by Realogy or Wyndham (or any of their Affiliates), as applicable,”; and
(b) replacing the text in Section 6.1(a6.l(a) in its entirety with the following: “all such liabilities Assumed by Cendant and for which Cendant is accordingly responsible under this Agreement; and”
Appears in 1 contract
Samples: Tax Sharing Agreement (Realogy Corp)