Common use of Payment of Tax Liability Clause in Contracts

Payment of Tax Liability. The party responsible for filing a Tax Return under Article II will be responsible for paying to the relevant Tax Authority the entire amount of the Tax Liability reflected on such Tax Return; provided, however, that the party liable for such Tax Liability pursuant to this Article III shall pay the Taxes for which it is liable to the filing party as set forth in Section 7.4.

Appears in 4 contracts

Samples: Tax Sharing Agreement (Civeo Corp), Tax Sharing Agreement (Civeo Corp), Tax Sharing Agreement (Forest Oil Corp)

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Payment of Tax Liability. The party responsible for filing a Tax Return under Article II will be responsible for paying to the relevant Tax Authority the entire amount of the Tax Liability reflected on such Tax Return; provided, however, that the party liable for such Tax Liability pursuant to this Article III shall pay the Taxes for which it is liable to the filing party as set forth in Section 7.4Article VII.

Appears in 3 contracts

Samples: Tax Sharing Agreement (Occidental Petroleum Corp /De/), Tax Sharing Agreement (California Resources Corp), Tax Sharing Agreement (California Resources Corp)

Payment of Tax Liability. The party responsible for filing a Tax Return under Article II will be responsible for paying to the relevant Tax Authority the entire amount of the Tax Liability reflected on such Tax Return; provided, however, that the party liable for such Tax Liability pursuant to this Article III shall pay the Taxes for which it is liable to the filing party as set forth in Section 7.45.4.

Appears in 2 contracts

Samples: Tax Sharing Agreement (Enova International, Inc.), Tax Sharing Agreement (Enova International, Inc.)

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Payment of Tax Liability. The party responsible for filing a Tax Return under Article II III will be responsible for paying to the relevant Tax Authority the entire amount of the Tax Liability reflected on such Tax Return; provided, however, that the party liable for such Tax Liability pursuant to this Article III II shall pay the Taxes for which it is liable to the filing party as set forth in Section 7.4.Article V.

Appears in 2 contracts

Samples: Tax Matters Agreement (Venator Materials PLC), Tax Matters Agreement (Venator Materials PLC)

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