Common use of Payors and Payees Clause in Contracts

Payors and Payees. With respect to any payment required to be made under this Agreement, (i) if such payment is required to be made by a member of the RCPI Group, such payment shall be made to RGHI (or a member of the RGHI Group designated, by written notice to RCPI, by RGHI) and (ii) if such payment is required to be made by a member of the RGHL Group, RGHL shall have the right to designate, by written notice to RCPI, which member of the RGHL Group will make such payment.

Appears in 3 contracts

Samples: Tax Matters Agreement (Reynolds Consumer Products Inc.), Tax Matters Agreement (Reynolds Consumer Products Inc.), Tax Matters Agreement (Reynolds Consumer Products Inc.)

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Payors and Payees. With respect to any payment required to be made under this Agreement, (i) if such payment is required to be made by a member of the RCPI GPC Group, such payment shall be made to RGHI (or a member of the RGHI Group designated, by written notice to RCPIGPC, by RGHI) and (ii) if such payment is required to be made by a member of the RGHL Group, RGHL shall have the right to designate, by written notice to RCPIGPC, which member of the RGHL Group will make such payment.

Appears in 2 contracts

Samples: Tax Matters Agreement (Pactiv Evergreen Inc.), Tax Matters Agreement (Pactiv Evergreen Inc.)

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