Carryovers or Carrybacks of Tax Benefits. If any Tax Item attributable to or arising from the Splitco Business in a Tax Period is carried forward or back and utilized to generate a Tax Benefit in another Tax Period, then, except as provided in Section 2.2(g), the resulting Tax Benefit shall be allocated to Splitco. If any Tax Item attributable to or arising from the Distributing Business in a Tax Period is carried forward or back and utilized to generate a Tax Benefit in another Tax Period, the resulting Tax Benefit shall be allocated to Distributing.
Appears in 5 contracts
Samples: Tax Sharing Agreement (Sirius Xm Holdings Inc.), Tax Sharing Agreement (Liberty Media Corp), Tax Sharing Agreement (Atlanta Braves Holdings, Inc.)
Carryovers or Carrybacks of Tax Benefits. If any Tax Item attributable allocable to or arising from the Splitco Business in a Tax Period Year is carried forward or back and utilized to generate as a Tax Benefit in another Tax PeriodYear, then, except as provided in Section 2.2(g2.2(k), the resulting Tax Benefit shall be allocated to Splitco. If any Tax Item attributable allocable to or arising from the Distributing Business in a Tax Period Year is carried forward or back and utilized to generate as a Tax Benefit in another Tax PeriodYear, the resulting Tax Benefit shall be allocated to Distributing.
Appears in 5 contracts
Samples: Tax Sharing Agreement, Tax Sharing Agreement (Gci Liberty, Inc.), Tax Sharing Agreement (General Communication Inc)
