Common use of J&J-Prepared Tax Returns Clause in Contracts

J&J-Prepared Tax Returns. To the extent that any J&J Prepared Return directly relates to matters for which Kenvue must pay the J&J Group under Section 3.04 or must indemnify the J&J Group under Section 2.02 or to matters affecting any Kenvue Prepared Return (including any refund or other Tax Attribute to which a member of the Kenvue Group is entitled), J&J shall prepare (or cause to be prepared) the relevant portion of such J&J Prepared Return, as the case may be, on a basis consistent with past practice (except as required by applicable Law). J&J shall notify Kenvue of any such portions not prepared on a basis consistent with past practice.

Appears in 3 contracts

Samples: Tax Matters Agreement (Kenvue Inc.), Tax Matters Agreement (Johnson & Johnson), Tax Matters Agreement (Kenvue Inc.)

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J&J-Prepared Tax Returns. To the extent that any J&J Prepared Return directly relates to matters for which Kenvue must pay the J&J Group under Section 3.04 or must indemnify the J&J Group under Section 2.02 or to matters affecting any Kenvue Prepared Return (including any refund or other Tax Attribute to which a member of the Kenvue Group is entitled), J&J shall prepare (or cause to be prepared) the relevant portion of such J&J Prepared Return, as the case may be, on a basis consistent with past practice (except as required by applicable Law). J&J shall notify Kenvue of any such portions not prepared on a basis consistent with past practice.

Appears in 1 contract

Samples: Tax Matters Agreement (Kenvue Inc.)

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