Common use of Payments Net of Tax Benefits Clause in Contracts

Payments Net of Tax Benefits. If not otherwise provided in this Agreement, the amounts payable under this Agreement or the Separation and Distribution Agreement by one Party to another Party shall be reduced by the amount of any Tax Benefit obtained by the Party receiving such payment.

Appears in 5 contracts

Samples: Tax Matters Agreement (Carrols Restaurant Group, Inc.), Tax Matters Agreement (Fiesta Restaurant Group, Inc.), Tax Matters Agreement (Fiesta Restaurant Group, Inc.)

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Payments Net of Tax Benefits. If not otherwise provided in this Agreement, the amounts payable under this Agreement or the Separation and Distribution Agreement by one Party to another Party shall be reduced by the amount of any Tax Benefit obtained by the Party receiving such payment on account of the event giving rise to such payment.

Appears in 2 contracts

Samples: Tax Allocation Agreement (Columbia Pipeline Group, Inc.), Tax Allocation Agreement (Columbia Pipeline Group, Inc.)

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