Common use of Payment for Carrybacks Clause in Contracts

Payment for Carrybacks. Each Company shall pay the other Company for Carrybacks in accordance with Section 4.2(e). Any such payment shall include interest at the Prime Rate based on the number of days from the date Company is required to make the payment under Section 4.2(e) to the date the Company actually makes the payment.

Appears in 5 contracts

Sources: Tax Sharing Agreement (Ribapharm Inc), Tax Sharing Agreement (Cabot Microelectronics Corp), Tax Sharing Agreement (Ribapharm Inc)

Payment for Carrybacks. Each Company shall pay the other ---------------------- Company for Carrybacks in accordance with Section 4.2(e). Any such payment shall include interest at the Prime Rate based on the number of days from the date the Company is required to make the payment under Section 4.2(e) to the date the Company actually makes the payment.

Appears in 2 contracts

Sources: Tax Sharing and Indemnification Agreement (Global Payments Inc), Tax Sharing and Indemnification Agreement (Global Payments Inc)

Payment for Carrybacks. Each Company shall pay the other Company for Carrybacks in accordance with Section 4.2(e). Any such payment shall include interest at the Prime Rate based on the number of days from the date Company is required to make the payment under Section 4.2(e) to the date the Company actually makes the payment.. - 24 - ICN Tax Sharing Agreement

Appears in 1 contract

Sources: Tax Sharing Agreement (Ribapharm Inc)