GROSS-UP FOR TAXES ON REQUIRED PAYMENTS. If the receipt or accrual of any payment required by this Agreement is subject to any Tax, the payor shall pay an additional amount so that the total amount received by the payee, net of any applicable Taxes, equals the amount of the required payment.
Appears in 6 contracts
Samples: Tax Sharing Agreement (Luminent Inc), Tax Sharing Agreement (Mykrolis Corp), Tax Sharing Agreement (Millipore Corp /Ma)
GROSS-UP FOR TAXES ON REQUIRED PAYMENTS. If the receipt or accrual of any payment required by this Agreement is subject to any Taxtax, the payor shall pay an additional amount so that the total amount received by the payee, net of any applicable Taxestaxes, equals the amount of the required payment.
Appears in 5 contracts
Samples: Tax Sharing Agreement (Roxio Inc), Tax Sharing Agreement (Snap Appliances Inc), Tax Sharing Agreement (Adaptec Inc)
GROSS-UP FOR TAXES ON REQUIRED PAYMENTS. If the receipt or accrual of any payment required by this Agreement is subject to any Taxtax, the payor shall pay an additional amount so that the total amount received by the payee, net of any applicable Taxestaxes, equals the amount of the required payment.. <PAGE>
Appears in 1 contract
Samples: Tax Sharing Agreement
