Computation of Liability. (i) To the extent that any Tax-Related Loss is subject to indemnification under both Section 6.4(a) and Section 6.4(b), or to the extent that any Tax-Related Loss is not subject to indemnification under either Section 6.4(a) or Section 6.4(b), responsibility for such Tax-Related Loss shall be shared by ParentCo and SpinCo in accordance with their respective Sharing Percentages.
Appears in 4 contracts
Samples: Tax Matters Agreement, Tax Matters Agreement (nVent Electric PLC), Tax Matters Agreement (PENTAIR PLC)
Computation of Liability. (i) To the extent that any Tax-Related Loss is subject to indemnification indemnity under both Section 6.4(a) and Section 6.4(b), or to the extent that any Tax-Related Loss is not subject to indemnification under either Section 6.4(a) or Section 6.4(b), responsibility for such Tax-Related Loss shall be shared by Manitowoc ParentCo and SpinCo in accordance with their respective Sharing Percentagesaccording to relative fault.
Appears in 3 contracts
Samples: Tax Matters Agreement (Manitowoc Co Inc), Tax Matters Agreement (Manitowoc Foodservice, Inc.), Tax Matters Agreement (Manitowoc Foodservice, Inc.)
