Refunds, Credits or Offsets Sample Clauses

Refunds, Credits or Offsets. (a) Except as otherwise contemplated by this Section 3.5 or Section 3.6, any refunds, credits or offsets with respect to Taxes of any member of (i) the Distributing Group that were reported on any Combined Return shall be for the account of Distributing, (ii) the Spinco Group that were reported on any Combined Return and are attributable to the Pre-Distribution Period shall be for the account of Distributing, (iii) the Spinco Group that were reported on any Combined Return and are attributable to the Post-Distribution Period shall be for the account of Spinco, (iv) the Distributing Group that were reported on any Separate Return required to be filed by a member of the Distributing Group shall be for the account of Distributing, and (v) the Spinco Group that were reported on any Separate Return required to be filed by a member of the Spinco Group shall be for the account of Spinco.
AutoNDA by SimpleDocs
Refunds, Credits or Offsets. (a) Unless otherwise agreed or required by applicable Tax Law, any refunds, credits or offsets with respect to Taxes allocated to, and actually paid by, LGL pursuant to this Agreement shall be for the account of LGL. Unless otherwise agreed or required by applicable Tax Law, any refunds, credits or offsets with respect to Taxes, allocated to, and actually paid by, Mtron pursuant to this Agreement shall be for the account of Mtron.
Refunds, Credits or Offsets. (a) Any refunds, credits or offsets with respect to Taxes allocated to, and actually paid by, Vornado (or actually paid, at whatever time, by any entity that was a Subsidiary of Vornado during any period up to and including the Distribution Date) pursuant to this Agreement shall be for the account of Vornado. Any refunds, credits or offsets with respect to Taxes not allocated to Vornado pursuant to the preceding sentence shall be for the account of Newco. For the avoidance of doubt, consistent with Section 2.1(d), any refunds, credits, or offsets with respect to Real Estate Taxes shall belong to the Party entitled thereto under applicable Law and shall not otherwise be allocated pursuant to this Section 3.4.
Refunds, Credits or Offsets. (a) Except as otherwise contemplated by this Section 3.5 or Section 3.6, any refunds, credits or offsets with respect to Taxes of any member of (i) the LMC Group that were reported on any Combined Return shall be for the account of LMC, (ii) the LEI Group that were reported on any Combined Return and are attributable to the Pre-Distribution Period shall be for the account of LMC, (iii) the LEI Group that were reported on any Combined Return and are attributable to the Post-Distribution Period shall be for the account of LEI, (iv) the LMC Group that were reported on any Separate Return required to be filed by a member of the LMC Group shall be for the account of LMC, and (v) the LEI Group that were reported on any Separate Return required to be filed by a member of the LEI Group shall be for the account of LEI.
Refunds, Credits or Offsets. (a) Any refunds, credits or offsets with respect to Taxes allocated to, and actually paid by, GAMCO pursuant to this Agreement shall be for the account of GAMCO. Any refunds, credits or offsets with respect to Taxes, allocated to, and actually paid by, ACG pursuant to this Agreement shall be for the account of ACG.
Refunds, Credits or Offsets. (a) Any refunds, credits or offsets with respect to Taxes allocated to, and actually paid by, Cablevision pursuant to this Agreement shall be for the account of Cablevision. Any refunds, credits or offsets with respect to Taxes, allocated to, and actually paid by, AMC pursuant to this Agreement shall be for the account of AMC.
Refunds, Credits or Offsets. (a) Except as otherwise contemplated by this Section 2.3 or Section 2.4, (i) any refunds, credits or offsets with respect to Taxes of any Transferred Subsidiaries or that otherwise relate to the Transferred Business or the ownership of the DTV Shares for a Pre-Exchange Period shall be for the account of Parent, and (ii) any refunds, credits or offsets with respect to Taxes of any Transferred Subsidiaries or that otherwise relate to the Transferred Business or the ownership of the DTV Shares for a Post-Exchange Period shall be for the account of LMC.
AutoNDA by SimpleDocs
Refunds, Credits or Offsets. (a) Any refunds, credits or offsets with respect to Taxes allocated to, and actually paid by, Cablevision pursuant to this Agreement shall be for the account of Cablevision. Any refunds, credits or offsets with respect to Taxes, allocated to, and actually paid by, MSG pursuant to this Agreement shall be for the account of MSG.
Refunds, Credits or Offsets. (a) Any refunds, credits or offsets with respect to Taxes allocated to, and actually paid by, Parent (or actually paid, at whatever time, by any entity that was a Subsidiary of Parent during any period up to and including the Distribution Date) pursuant to this Agreement shall be for the account of Parent. Any refunds, credits or offsets with respect to Taxes not allocated to Parent pursuant to the preceding sentence shall be for the account of Spinco. For the avoidance of doubt, consistent with Section 2.1(d), any refunds, credits, or offsets with respect to Real Estate Taxes shall belong to the Party entitled thereto under applicable Law and shall not otherwise be allocated pursuant to this Section 3.4.
Refunds, Credits or Offsets. (a) Except as otherwise contemplated by this Section 3.5 or Section 3.6, any refunds, credits or offsets with respect to Taxes of any member of (i) the Distributing Group that were reported on any Combined Return shall be for the account of Distributing, (ii) the Splitco Group that were reported on any Combined Return and are attributable to the Pre-Distribution Period shall be for the account of Distributing, (iii) the Splitco Group that were reported on any Combined Return and are attributable to the Post-Distribution Period shall be for the account of Splitco, (iv) the Distributing Group that were reported on any Separate Return required to be filed by a member of the Distributing Group shall be for the account of Distributing, and (v) the Splitco Group that were reported on any Separate Return required to be filed by a member of the Splitco Group shall be for the account of Splitco.
Time is Money Join Law Insider Premium to draft better contracts faster.