Common use of Distributing Co Clause in Contracts

Distributing Co. Liability. Distributing Co. shall be liable for Taxes for Pre-Distribution Periods not specifically allocated to the Controlled Co. under this Section 2. Distributing Co. shall indemnify and hold harmless the Controlled Group from and against any liability for Taxes for which Distributing Co. is liable under this Section 2.1(a).

Appears in 6 contracts

Samples: Form Tax Sharing Agreement (Anc Rental Corp), Tax Sharing Agreement (Dover Downs Gaming & Entertainment Inc), Tax Sharing Agreement (Marine Products Corp)

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Distributing Co. Liability. Distributing Co. shall be liable for all Taxes for Pre-Distribution Periods of the Distributing Group not specifically allocated to the Controlled Co. under this Section 2. Distributing Distrib- uting Co. shall indemnify and hold harmless the Controlled Group Indemnified Parties from and against any liability for Taxes for which Distributing Co. is liable under this Section 2.1(a) and all related costs and expenses (including, without limitation, reasonable attorneys' fees).

Appears in 2 contracts

Samples: Tax Indemnification and Allocation Agreement (SCS Transportation Inc), Tax Indemnification and Allocation Agreement (Yellow Corp)

Distributing Co. Liability. Distributing Co. shall be liable for all Taxes for Pre-Distribution Periods of the Distributing Group not specifically allocated to the Controlled Co. under this Section 2. Distributing Co. shall indemnify and hold harmless the Controlled Group Indemnified Parties from and against any liability for Taxes for which Distributing Co. is liable under this Section 2.1(a) and all related costs and expenses (including, without limitation, reasonable attorneys' fees).

Appears in 1 contract

Samples: Tax Indemnification and Allocation Agreement (SCS Transportation Inc)

Distributing Co. LiabilityLIABILITY. Distributing Co. shall be liable for Taxes for Pre-Distribution Periods not specifically allocated to the Controlled Co. under this Section 2. Distributing Co. shall indemnify and hold harmless the Controlled Group from and against any liability for Taxes for which Distributing Co. is liable under this Section 2.1(a).

Appears in 1 contract

Samples: Tax Sharing Agreement (Anc Rental Corp)

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Distributing Co. Liability. Distributing Co. shall be liable for Taxes for Pre-Pre- Distribution Periods not specifically allocated to the Controlled Co. under this Section 2. Distributing Co. shall indemnify and hold harmless the Controlled Group from and against any liability for Taxes for which Distributing Co. is liable under this Section 2.1(a).

Appears in 1 contract

Samples: Tax Sharing Agreement (Autonation Inc /Fl)

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