Common use of Payors; Payees; Treatment Clause in Contracts

Payors; Payees; Treatment. All payments made under this Agreement shall be made by Xxxxxxx Controls directly to Adient and by Adient directly to Xxxxxxx Controls; provided, however, that if the Companies mutually agree with respect to any such payment, any member of the Xxxxxxx Controls Group, on the one hand, may make such indemnification payment to any member of the Adient Group, on the other hand, and vice versa (for the avoidance of doubt, if a Company makes a request to the other Company to the effect that any payment required to be made by it to the other Company or received by it from the other Company, in each case, pursuant to this Agreement, be made or received by a member of the relevant Company’s Group other than a Company, the other Company’s consent to such request shall not be unreasonably withheld, conditioned or delayed). All payments made pursuant to this Agreement shall be treated in the manner described in Section 12.

Appears in 5 contracts

Samples: Tax Matters Agreement, Tax Matters Agreement (Adient PLC), Tax Matters Agreement (Adient LTD)

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Payors; Payees; Treatment. All payments made under this Agreement shall be made by Xxxxxxx Controls directly to Adient and by Adient directly to Xxxxxxx ControlsCon- trols; provided, however, that if the Companies mutually agree with respect to any such payment, any member of the Xxxxxxx Controls Group, on the one hand, may make such indemnification payment to any member of the Adient Group, on the other hand, and vice versa (for the avoidance avoid- ance of doubt, if a Company makes a request to the other Company to the effect that any payment pay- ment required to be made by it to the other Company or received by it from the other Company, in each case, pursuant to this Agreement, be made or received by a member of the relevant CompanyCom- pany’s Group other than a Company, the other Company’s consent to such request shall not be unreasonably withheld, conditioned or delayed). All payments made pursuant to this Agreement shall be treated in the manner described in Section 12. Section 5.

Appears in 1 contract

Samples: Tax Matters Agreement (Adient LTD)

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