Common use of Liability for Taxes with Respect to Post-Distribution Periods Clause in Contracts

Liability for Taxes with Respect to Post-Distribution Periods. Unless otherwise specifically provided in this Agreement or the Distribution Agreement, the New Grace Group shall pay all Taxes and shall be entitled to receive and retain all refunds of Taxes with respect to periods beginning after the Distribution Date which are attributable to the New Grace Business. Unless otherwise provided in this Agreement, the Packco Group shall pay all Taxes and shall be entitled to receive and retain all refunds of Taxes with respect to periods beginning after the Distribution Date which are attributable to the Packaging Business.

Appears in 5 contracts

Samples: Tax Sharing Agreement (Wr Grace & Co/De), Tax Sharing Agreement (W R Grace & Co), Tax Sharing Agreement (Sealed Air Corp)

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