CI Consolidated Returns Sample Clauses

CI Consolidated Returns. Corning shall prepare and file with the IRS all CI Consolidated Returns and amendments thereto required to be filed by the CI Group for all tax periods beginning before or on the Distribution Date. Such returns shall include all income, gains, losses, deductions and credits of the CCL Domestic Companies and the Covance Domestic Companies. Corning shall make all decisions relating to the preparation and filing of such returns, subject to the approval of CCL and Covance, which approval shall not be withheld unless no reasonable basis exists for the decisions made by Corning in respect of such return. CCL and Covance further agree to, and respectively agree to compel the CCL Domestic Companies and the Covance Domestic Companies to, file or join in the filing of such authorizations, elections, consents and other documents, and take such other actions as may be necessary or appropriate, in the opinion of Corning, to carry out the purposes and intent of this Section 2.01, provided that such actions are not inconsistent with this Agreement or the Spin-Off Tax Indemnification Agreements. CCL and Covance each shall furnish Corning at least sixty (60) days before the due date (including extensions) of any such CI Consolidated Return with its completed section of such CI Consolidated Return, prepared in accordance with this Agreement, in accordance with instructions from Corning and in a manner consistent with prior returns, except to the extent otherwise required by the Spin-Off Tax Indemnification Agreements. CCL and Covance each shall also furnish Corning work papers and other such information and documentation as is reasonably requested by Corning with respect to the CCL Companies and the Covance Companies. At Corning's request, major items of income, deduction, gain and loss selected by Corning for inclusion in the CI Consolidated Returns and relating to CCL Domestic Companies and Covance Domestic Companies shall have been reviewed and approved prior to submission to Corning by a nationally recognized accounting firm or law firm with expertise sufficient to address the issues presented mutually acceptable to Corning and the party or parties submitting such information. Corning and the other party or parties submitting such information shall each pay an equal share of the cost of such review.
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Related to CI Consolidated Returns

  • Consolidated Returns CAC, the Seller and the Issuer are members of an affiliated group within the meaning of Section 1504 of the Internal Revenue Code which will file a consolidated federal income tax return at all times until the termination of the Basic Documents.

  • Tax Returns; Taxes Except as otherwise disclosed on Schedule 3.13:

  • Joint Returns In the case of any Tax Contest with respect to any Joint Return, Parent shall have the sole responsibility and right to control the prosecution of such Tax Contest, including the exclusive right to communicate with agents of the applicable Taxing Authority and to control, resolve, settle, or agree to any deficiency, claim, or adjustment proposed, asserted, or assessed in connection with or as a result of such Tax Contest.

  • INCOME TAX RETURNS Borrower has no knowledge of any pending assessments or adjustments of its income tax payable with respect to any year.

  • Amended Returns Any amended Tax Return or claim for Tax refund, credit or offset with respect to any member of the Mtron Group may be made only by the Company (or its Affiliates) responsible for preparing the original Tax Return with respect to such member pursuant to Sections 3.1 or 3.2 (and, for the avoidance of doubt, subject to the same review and comment rights set forth in Sections 3.1 or 3.2, to the extent applicable). Such Company (or its Affiliates) shall not, without the prior written consent of the other Company (which consent shall not be unreasonably withheld or delayed), file, or cause to be filed, any such amended Tax Return or claim for Tax refund, credit or offset to the extent that such filing, if accepted, is likely to increase the Taxes allocated to, or the Tax indemnity obligations under this Agreement of, such other Company for any Tax Year (or portion thereof); provided, however, that such consent need not be obtained if the Company filing the amended Tax Return by written notice to the other Company agrees to indemnify the other Company for the incremental Taxes allocated to, or the incremental Tax indemnity obligation resulting under this Agreement to, such other Company as a result of the filing of such amended Tax Return.

  • Company Tax Returns The Company shall file all tax returns, if any, required to be filed by the Company.

  • Separate Returns In the case of any Tax Contest with respect to any Separate Return, the Party having the liability for the Tax pursuant to Article II hereof shall have the sole responsibility and right to control the prosecution of such Tax Contest, including the exclusive right to communicate with agents of the applicable Taxing Authority and to control, resolve, settle, or agree to any deficiency, claim, or adjustment proposed, asserted, or assessed in connection with or as a result of such Tax Contest.

  • Tax Return “Tax Return” shall mean any return (including any information return), report, statement, declaration, estimate, schedule, notice, notification, form, election, certificate or other document or information filed with or submitted to, or required to be filed with or submitted to, any Governmental Body in connection with the determination, assessment, collection or payment of any Tax or in connection with the administration, implementation or enforcement of or compliance with any Legal Requirement relating to any Tax.

  • Income Tax Returns and Reports The Trustee shall, to the extent necessary, prepare and file on behalf of the Trust appropriate United States and Canadian income tax returns and any other returns or reports as may be required by applicable law or pursuant to the rules and regulations of any securities exchange or other trading system through which the Exchangeable Shares are traded.

  • Consolidated Group Seller (A) has not been a member of an affiliated group within the meaning of Code Section 1504(a) (or any similar group defined under a similar provision of state, local or foreign law) and (B) has no liability for Taxes of any person (other than Seller and its Subsidiaries) under Treas. Reg. sect. 1.1502-6 (or any similar provision of state, local or foreign law), as a transferee or successor by contract or otherwise.

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