Consolidated or Combined Return. In the case of any ------------------------------- Tax for which an Indemnitee claims indemnification hereunder that is reported on a consolidated or combined basis by such Indemnitee, the rules applicable to the consolidated or combined return of the Indemnitee shall be taken into account in computing the amount of any indemnity or payment by or to Lessee under this Article VII in respect of such Tax.
Appears in 1 contract
Samples: Participation Agreement (Magellan International Inc)
Consolidated or Combined Return. In the case of any ------------------------------- Tax -------------------------------- for which an Indemnitee claims indemnification hereunder that is reported on a consolidated or combined basis by such Indemnitee, the rules applicable to the consolidated or combined return of the Indemnitee shall be taken into account in computing the amount of any indemnity or payment by or to Lessee under this Article VII in respect of such Tax.
Appears in 1 contract
Samples: Magellan International Inc
Consolidated or Combined Return. In the case of any ------------------------------- Tax for which an Indemnitee claims indemnification hereunder that is reported on a consolidated or combined basis by such Indemnitee, the rules applicable to the consolidated or combined return of the Indemnitee shall be taken into account in computing the amount of any indemnity or payment by or to Lessee under this Article VII in respect of such Tax.
Appears in 1 contract
Samples: Participation Agreement (Xm Satellite Radio Holdings Inc)
Consolidated or Combined Return. In the case of any ------------------------------- Tax for which an Indemnitee claims indemnification hereunder that is reported on a consolidated or combined basis by such Indemnitee, the rules applicable to the consolidated or combined return of the Indemnitee shall be taken into account in computing the amount of any indemnity or payment by or to Lessee Lessees under this Article VII in respect of such Tax.. -----------
Appears in 1 contract
Samples: Participation Agreement (Magellan International Inc)
Consolidated or Combined Return. In the case of any Tax ------------------------------- Tax for which an Indemnitee claims indemnification hereunder that is reported on a consolidated or combined basis by such Indemnitee, the rules applicable to the consolidated or combined return of the Indemnitee shall be taken into account in computing the amount of any indemnity or payment by or to Lessee Lessees under this Article VII in respect of such Tax.. -----------
Appears in 1 contract
Samples: Participation Agreement (Magellan International Inc)
