Ordinary Course Tax. (a) Subject to Section 2.02, ALC shall be liable, and shall indemnify and hold the Extendicare Group harmless, for all Tax that is attributable to members of the ALC Group for all periods. The amount of Tax “attributable to” the ALC Group shall be determined in accordance with the principles described in Exhibit B.
Appears in 4 contracts
Samples: Separation Agreement (Extendicare Real Estate Investment Trust), Separation Agreement (Assisted Living Concepts Inc), Separation Agreement (Assisted Living Concepts Inc)
Ordinary Course Tax. (a) Subject to Section 2.022.03, ALC shall be liable, and shall indemnify and hold the Extendicare Group harmless, for all Tax that is attributable to members of the ALC Group for all periods. The [In the case of any Tax the liability for which would be determined on a consolidated, combined, affiliated, unitary or similar basis, the amount of Tax “attributable to” the ALC Group shall be determined in accordance with the principles described in Exhibit B.
Appears in 1 contract
Samples: Separation Agreement (Assisted Living Concepts Inc)
