Common use of Pre-Closing Tax Returns Clause in Contracts

Pre-Closing Tax Returns. The Seller shall prepare or cause to be prepared and file or cause to be filed all Pre-Closing Tax Returns (x) with respect to the Acquired Company Assets (other than those of the Javelina Partnerships) or Acquired Companies (other than the Javelina Partnerships) and (y) to the extent it has the Legal Right, with respect to the Javelina Partnerships or the Acquired Company Assets thereof. The Seller shall pay or cause to be paid (A) any Taxes due with respect to those Tax Returns described in Section 9(b)(x) and (B) the Javelina Percentage Interest of any Taxes due with respect to those Tax Returns described in Section 9(b)(y).