Common use of Navy Consolidated Returns Clause in Contracts

Navy Consolidated Returns. Navy shall cause to be prepared and filed all Navy Consolidated Returns, and shall pay or cause to be paid all Taxes shown to be due and payable on such Tax Returns; provided that Red Lion shall reimburse Navy for any such Taxes that are Red Lion Taxes (for the avoidance of doubt taking into account those payments (if any) of Taxes with respect to such Tax Return made on or prior to the Closing Date by Red Lion or a Red Lion Entity).

Appears in 4 contracts

Samples: Tax Matters Agreement (Nabors Industries LTD), Tax Matters Agreement (C&J Energy Services Ltd.), Tax Matters Agreement (Nabors Red Lion LTD)

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