Common use of Payment of Business License Audit Amounts Clause in Contracts

Payment of Business License Audit Amounts. In connection with any Final Determination with respect to a Business License Audit for any period ending on or before the ADTSS Business Separation Date: (a) Tyco shall be liable for and shall pay or cause to be paid to the applicable Taxing Authority or ADT NA (as the case may be) the Tyco Sharing Percentage of such additional amounts due pursuant to such Final Determination. (b) ADT NA shall be liable for and shall pay or cause to be paid to the applicable Taxing Authority or Tyco (as the case may be) the ADT NA Sharing Percentage of such additional amounts due pursuant to such Final Determination.