Post-Closing State Group Taxes. Subject to section 7.03, if as a result of any audit, amendment, other change or adjustment to the state or local Taxes of any State Group there is an additional amount of such state or local Taxes (other than Pre-Closing Taxes) due and payable or a refund of such state or local Taxes (other than Pre-Closing Taxes) previously paid (whether by payment, credit, offset against other Taxes due or otherwise), the obligations of the parties shall be redetermined under section 4.02 as if the adjustments made as a result of such audit were included as part of the original Tax Return filed and any payments made under this Agreement shall be adjusted or reimbursed in accordance with the foregoing.
Appears in 5 contracts
Samples: Tax Sharing Agreement, Tax Sharing Agreement (Sears Hometown & Outlet Stores, Inc.), Tax Sharing Agreement (Sears Hometown & Outlet Stores, Inc.)
