Common use of Combined or Consolidated State Income Tax Adjustments Clause in Contracts

Combined or Consolidated State Income Tax Adjustments. If there is any adjustment to the amount of Consolidated or Combined State Income Tax reported on any Tax Return (or as previously adjusted), the liability of the Packaging Group shall be recomputed as provided in this subparagraph. Packaging Company shall be liable to Tenneco for the excess (if any) of--

Appears in 4 contracts

Samples: Tenneco Distribution Agreement (Tenneco Packaging Inc), Tax Sharing Agreement (Tenneco Automotive Inc), Distribution Agreement (Pactiv Corp)

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Combined or Consolidated State Income Tax Adjustments. If there is any adjustment to the amount of Consolidated or Combined State Income Tax reported on any Tax Return (or as previously adjusted), the liability of the Packaging Group shall be recomputed as provided in this subparagraph. Packaging Company shall be liable to Tenneco for the excess (if any) of--of:

Appears in 2 contracts

Samples: Distribution Agreement (Tenneco Packaging Inc), Tenneco Distribution Agreement (Tenneco Packaging Inc)

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