Common use of Parent Liability Clause in Contracts

Parent Liability. Parent shall be liable for, and shall indemnify and hold harmless the SpinCo Group from and against any liability for, Taxes which are allocated to Parent under this Section 2.

Appears in 16 contracts

Samples: Tax Matters Agreement (Mdu Resources Group Inc), Tax Matters Agreement (Everus Construction Group, Inc.), Tax Matters Agreement (Knife River Holding Co)

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Parent Liability. Parent shall be liable for, and shall indemnify and hold harmless the SpinCo Group from and against any liability for, Taxes which are allocated to Parent under this Section 2.

Appears in 4 contracts

Samples: Tax Matters Agreement (Aramark), Tax Matters Agreement (Vestis Corp), Tax Matters Agreement (Vestis Corp)

Parent Liability. Parent shall be liable for, and shall indemnify indemnify, defend, and hold harmless the SpinCo Group from and against any liability forfor Taxes (and, Taxes in the case of Section 2.07, Separation Tax Losses) for which are allocated to Parent is responsible under this Section Article 2.

Appears in 3 contracts

Samples: Tax Matters Agreement (Amentum Holdings, Inc.), Tax Matters Agreement (Jacobs Solutions Inc.), Tax Matters Agreement (Amazon Holdco Inc.)

Parent Liability. Parent shall be liable for, and shall indemnify and hold harmless the SpinCo Group from and against any liability for, Taxes which that are allocated to Parent under this Section Article 2.

Appears in 3 contracts

Samples: Tax Matters Agreement (Solventum Corp), Tax Matters Agreement (3m Co), Tax Matters Agreement (Solventum Corp)

Parent Liability. Parent shall be liable for, and shall indemnify and hold harmless the SpinCo Group from and against any liability for, Taxes which that are allocated to Parent under this Section 2Article II.

Appears in 3 contracts

Samples: Tax Matters Agreement (Sylvamo Corp), Tax Matters Agreement (Sylvamo Corp), Tax Matters Agreement (Sylvamo Corp)

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Parent Liability. Parent shall be liable for, and shall indemnify and hold harmless the SpinCo Spinco Group from and against any liability for, Taxes which are allocated to Parent under this Section 23.

Appears in 1 contract

Samples: Tax Matters Agreement (Oneok Inc /New/)

Parent Liability. Parent shall be liable for, and shall indemnify and hold harmless the SpinCo Group from and against any liability for, Taxes which that are allocated to Parent, or for which Parent is responsible, under this Section 2Article II.

Appears in 1 contract

Samples: Tax Matters Agreement (Healthy Choice Wellness Corp.)

Parent Liability. Parent shall be liable for, and shall indemnify and hold harmless the SpinCo Group Spinco Group, from and against any liability for, Taxes Taxes, which are allocated to Parent under this Section 23.

Appears in 1 contract

Samples: Tax Matters Agreement (ONE Gas, Inc.)

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