Common use of Obligation to Remit Taxes Clause in Contracts

Obligation to Remit Taxes. Except as otherwise provided herein, the Parties each shall remit or cause to be remitted to the applicable Taxing Authority any Taxes due in respect of any Tax Return that it is required to file hereunder (or, in the case of a Tax for which no Tax Return is required to be filed, which is otherwise payable by it to any Taxing Authority) and shall be entitled to reimbursement for such payments to the extent provided herein; provided, however, that in the case of any Tax Return required to be filed under Section 2.1(a) or (b), the Party not required to file such Tax Return shall remit to the Party required to file such Tax Return in immediately available funds the amount of any Taxes reflected on such Tax Return for which the former Party is responsible hereunder at least two (2) Business Days before payment of the relevant amount is due to a taxing Authority.

Appears in 4 contracts

Samples: Tax Matters Agreement (Riviera Resources, Inc.), Tax Matters Agreement (Linn Energy, Inc.), Tax Matters Agreement (Riviera Resources, LLC)

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Obligation to Remit Taxes. Except as otherwise provided herein, the Parties Colt and Buyer each shall remit or cause to be remitted to the applicable Taxing Authority any Taxes due in respect of any Tax Return that it is required to file hereunder (or, in the case of a Tax for which no Tax Return is required to be filed, which is otherwise payable by it or its Subsidiaries to any Taxing Authority) and shall be entitled to reimbursement for such payments to the extent provided herein; provided, however, that in the case of any Tax Return required to be filed under Section 2.1(a) or (b)Return, the Party not required to file such Tax Return shall remit to the Party required to file such Tax Return in immediately available funds the amount of any Taxes reflected on such Tax Return for which the former Party is responsible hereunder at least two (2) Business Days before payment of the relevant amount is due to a taxing Taxing Authority.

Appears in 4 contracts

Samples: Interim Agreement, Separation Agreement (Wolverine World Wide Inc /De/), Separation Agreement (Wolverine World Wide Inc /De/)

Obligation to Remit Taxes. Except as otherwise provided hereinSubject to Section 2.01 and subject always to the ultimate division of responsibility for Taxes set out in Section 2.03, the Parties Bentley and CPEX shall each shall remit or cause to be remitted to the applicable Taxing Governmental Authority in a timely manner any Taxes due in respect of any Tax Return that it such Party is required to file hereunder (or, in the case of a Tax for which no Tax Return is required to be filed, which is otherwise payable by it such Party or a member of such Party’s Group to any Taxing Governmental Authority) and shall be entitled to reimbursement for such payments to the extent provided herein); provided, however, that in the case of any Tax Return required to be filed under Section 2.1(a) or (b)Return, the Party not required to file such Tax Return shall remit to the Party required to file such Tax Return in immediately available funds the amount of any Taxes reflected on such Tax Return for which the former Party is responsible hereunder at least two (2) Business Days before payment of the relevant amount is due to a taxing Governmental Authority.

Appears in 3 contracts

Samples: Tax Sharing Agreement (Bentley Pharmaceuticals Inc), Tax Sharing Agreement (CPEX Pharmaceuticals, Inc.), Tax Sharing Agreement (CPEX Pharmaceuticals, Inc.)

Obligation to Remit Taxes. Except as otherwise provided herein, the Parties WHI and CS&L shall each shall remit or cause to be remitted to the applicable Taxing Authority any Taxes due in respect of any Tax Return that it is required to file hereunder (or, in the case of a Tax for which no Tax Return is required to be filed, which is otherwise payable by it or its Subsidiaries to any Taxing Authority) and shall be entitled to reimbursement for such payments from the other Party to the extent provided herein; provided, however, that in the case of any Tax Return required to be filed under Section 2.1(a) or (b)Return, the Party not required to file such Tax Return shall remit to the Party required to file such Tax Return in immediately available funds the amount of any Taxes reflected on such Tax Return for which the former Party is responsible hereunder at least two (2) Business Days before payment of the relevant amount is due to a taxing Taxing Authority.

Appears in 3 contracts

Samples: Tax Matters Agreement, Tax Matters Agreement (Communications Sales & Leasing, Inc.), Tax Matters Agreement (Communications Sales & Leasing, Inc.)

Obligation to Remit Taxes. Except as otherwise provided hereinSubject to Section 2.01 and subject always to the ultimate division of responsibility for Taxes set out in Section 2.03, the Parties Verizon and Spinco shall each shall remit or cause to be remitted to the applicable Taxing Governmental Authority in a timely manner any Taxes due in respect of any Tax Return that it such Party is required to file hereunder (or, in the case of a Tax for which no Tax Return is required to be filed, which is otherwise payable by it such Party or a member of such Party’s group (the Verizon Group or the Spinco Group) to any Taxing Governmental Authority) and shall be entitled to reimbursement for such payments to the extent provided herein); provided, however, that in the case of any Tax Return required to be filed under Section 2.1(a) or (b)Return, the Party not required to file such Tax Return shall remit to the Party required to file such Tax Return in immediately available funds the amount of any Taxes reflected on such Tax Return for which the former Party is responsible hereunder at least two (2) Business Days before payment of the relevant amount is due to a taxing Governmental Authority.

Appears in 2 contracts

Samples: Tax Sharing Agreement (Idearc Inc.), Tax Sharing Agreement (Idearc Inc.)

Obligation to Remit Taxes. Except as otherwise provided hereinSubject to Section 2.01 and subject always to the ultimate division of responsibility for Taxes set out in Section 2.03, the Parties PPD and Furiex shall each shall remit or cause to be remitted to the applicable Taxing Governmental Authority in a timely manner any Taxes due in respect of any Tax Return that it such Party is required to file hereunder (or, in the case of a Tax for which no Tax Return is required to be filed, which is otherwise payable by it such Party or a member of such Party’s Group to any Taxing Governmental Authority) and shall be entitled to reimbursement for such payments to the extent provided herein); provided, however, that in the case of any Tax Return required to be filed under Section 2.1(a) or (b)Return, the Party not required to file such Tax Return shall remit to the Party required to file such Tax Return in immediately available funds the amount of any Taxes reflected on such Tax Return for which the former Party is responsible hereunder at least two (2) Business Days before payment of the relevant amount is due to a taxing Governmental Authority.

Appears in 2 contracts

Samples: Tax Sharing Agreement (Furiex Pharmaceuticals, Inc.), Tax Sharing Agreement (Furiex Pharmaceuticals, Inc.)

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Obligation to Remit Taxes. Except as otherwise provided herein, the Parties Xxxxxx and FCPT shall each shall remit or cause to be remitted to the applicable Taxing Authority any Taxes due in respect of any Tax Return that it is required to file hereunder (or, in the case of a Tax for which no Tax Return is required to be filed, which is otherwise payable by it or its Subsidiaries to any Taxing Authority) and shall be entitled to reimbursement for such payments from the other Party to the extent provided herein; provided, however, that in the case of any Tax Return required to be filed under Section 2.1(a) or (b)Return, the Party not required to file such Tax Return shall remit to the Party required to file such Tax Return in immediately available funds the amount of any Taxes reflected on such Tax Return for which the former Party is responsible hereunder at least two five (25) Business Days before payment of the relevant amount is due to a taxing AuthorityTaxing Authority provided such Tax Return is completed at that time.

Appears in 2 contracts

Samples: Tax Matters Agreement (Four Corners Property Trust, Inc.), Tax Matters Agreement (Four Corners Property Trust, Inc.)

Obligation to Remit Taxes. Except as otherwise provided hereinSubject to Section 2.01 and subject always to the ultimate division of responsibility for Taxes set out in Section 2.03, the Parties Myriad and MPI shall each shall remit or cause to be remitted to the applicable Taxing Governmental Authority in a timely manner any Taxes due in respect of any Tax Return that it such Party is required to file hereunder (or, in the case of a Tax for which no Tax Return is required to be filed, which is otherwise payable by it such Party or a member of such Party’s Group to any Taxing Governmental Authority) and shall be entitled to reimbursement for such payments to the extent provided herein); provided, however, that in the case of any Tax Return required to be filed under Section 2.1(a) or (b)Return, the Party not required to file such Tax Return shall remit to the Party required to file such Tax Return in immediately available funds the amount of any Taxes reflected on such Tax Return for which the former Party is responsible hereunder at least two (2) Business Days before payment of the relevant amount is due to a taxing Governmental Authority.

Appears in 2 contracts

Samples: Tax Sharing Agreement (Myriad Genetics Inc), Tax Sharing Agreement (Myriad Pharmaceuticals, Inc.)

Obligation to Remit Taxes. Except as otherwise provided herein, the Parties WIN and Holdings each shall remit or cause to be remitted to the applicable Taxing Authority any Taxes due in respect of any Tax Return that it is required to file hereunder (or, in the case of a Tax for which no Tax Return is required to be filed, which is otherwise payable by it or its Subsidiaries to any Taxing Authority) and shall be entitled to reimbursement for such payments to the extent provided herein; provided, however, that in the case of any Tax Return required to be filed under Section 2.1(a) or (b)Return, the Party not required to file such Tax Return shall remit to the Party required to file such Tax Return in immediately available funds the amount of any Taxes reflected on such Tax Return for which the former Party is responsible hereunder at least two (2) Business Days before payment of the relevant amount is due to a taxing Taxing Authority.

Appears in 1 contract

Samples: Tax Sharing Agreement (Local Insight Yellow Pages, Inc.)

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