Common use of Refunds of Taxes Clause in Contracts

Refunds of Taxes. Except as provided in Section 5.2 below, New U S WEST shall be entitled to all Refunds relating to Taxes (plus any interest thereon received with respect thereto from the applicable Tax Authority) for which New U S WEST is or may be liable pursuant to Articles II and III of this Agreement, and U S WEST shall be entitled to all Refunds relating to Taxes (plus any interest thereon received with respect thereto from the applicable Tax Authority) for which U S WEST is or may be liable pursuant to the provisions of Articles II and III of this Agreement. A party receiving a Refund to which another party is entitled pursuant to this Agreement shall pay the amount to which such other party is entitled (plus any interest thereon received with respect thereto from the applicable Tax Authority) within ten (10) days after the receipt of the Refund.

Appears in 4 contracts

Samples: Tax Sharing Agreement (Us West Inc), Tax Sharing Agreement (Media One Group Inc), Tax Sharing Agreement (Usw-C Inc)

AutoNDA by SimpleDocs

Refunds of Taxes. Except as provided in Section 5.2 below5 above, New U S WEST Ventiv shall ---------------- be entitled to all Refunds relating to Taxes (plus any interest thereon received with respect thereto from the applicable taxing authority) for which Ventiv is or may be liable pursuant to the provisions of Sections 3 and 4 of this Agreement, and Xxxxxx shall be entitled to all Refunds relating to Taxes (plus any interest thereon received with respect thereto from the applicable Tax Authoritytaxing authority) for which New U S WEST is or may be liable pursuant to Articles II and III of this Agreement, and U S WEST shall be entitled to all Refunds relating to Taxes (plus any interest thereon received with respect thereto from the applicable Tax Authority) for which U S WEST Xxxxxx is or may be liable pursuant to the provisions of Articles II Sections 3 and III 4 of this Agreement. A party receiving a Refund to which another party is entitled pursuant to this Agreement shall pay the amount to which such other party is entitled within 10 days after the receipt of the Refund (plus any interest thereon received with respect thereto from the applicable Tax Authority) within ten (10) days after the receipt of the Refundtaxing authority less any Taxes payable with respect to such Refund or credit).

Appears in 2 contracts

Samples: Tax Sharing Agreement (Ventiv Health Inc), Tax Sharing Agreement (Snyder Communications Inc)

AutoNDA by SimpleDocs

Refunds of Taxes. Except as provided in Section 5.2 below, New U S WEST xXXxX*s shall be entitled to all Refunds relating to Taxes (plus any interest thereon received with respect thereto from the applicable Tax Authority) for which New U S WEST xXXxX*s is or may be liable pursuant to Articles II and III of this Agreement, and U S WEST Alloy shall be entitled to all Refunds relating to Taxes (plus any interest thereon received with respect thereto from the applicable Tax Authority) for which U S WEST Alloy is or may be liable pursuant to the provisions of Articles II and III of this Agreement. A party receiving a Refund to which another party is entitled pursuant to this Agreement shall pay the amount to which such other party is entitled (plus any interest thereon received with respect thereto from the applicable Tax AuthorityAuthority less any Taxes payable by reason of the receipt of such Refund and interest) within ten (10) days after the receipt of the Refund.

Appears in 2 contracts

Samples: Tax Separation Agreement (dELiAs, Inc.), Tax Separation Agreement (dELiAs, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!