Common use of Parent Consolidated Returns Clause in Contracts

Parent Consolidated Returns. Parent shall prepare and file all Parent Consolidated Returns for a Pre-Closing Period or a Straddle Period, and shall pay all Taxes shown to be due and payable on such Tax Returns; provided that New BBX Capital shall reimburse Parent for any such Taxes that are New BBX Capital Taxes.

Appears in 5 contracts

Samples: Tax Matters Agreement (BBX Capital Corp), Tax Matters Agreement (BBX Capital Florida LLC), Tax Matters Agreement (BBX Capital Florida LLC)

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