Common use of Reimbursement for Costs Incurred by Preparer Clause in Contracts

Reimbursement for Costs Incurred by Preparer. The Non-Preparer of a given Tax Return may request that the Preparer amend such Tax Return for the benefit of the Non-Preparer. If the Preparer agrees, in its sole discretion, to amend such Tax Return, the Preparer shall be entitled to reimbursement from the Non-Preparer for any reasonable third-party costs that are attributable to the Non-Preparer’s request, to the extent those costs exceed $50,000.

Appears in 4 contracts

Samples: Tax Sharing Agreement (Noble Corp), Tax Sharing Agreement (Paragon Offshore PLC), Tax Sharing Agreement (Paragon Offshore Ltd.)

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Reimbursement for Costs Incurred by Preparer. The Non-Preparer of a given Tax Return may request that the Preparer amend such Tax Return for the benefit of the Non-Preparer. If the Preparer agrees, in its sole discretion, to amend such Tax Return, the Preparer shall be entitled to reimbursement from the Non-Preparer for any reasonable third-party costs that are attributable to the Non-Preparer’s request, request to the extent those such costs exceed $50,00050,000 in the aggregate.

Appears in 3 contracts

Samples: Tax Matters Agreement (Nuvectra Corp), Tax Matters Agreement (Greatbatch, Inc.), Tax Matters Agreement (Qig Group, LLC)

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Reimbursement for Costs Incurred by Preparer. The Non-Preparer of a given Tax Return may request that the Preparer amend such any Tax Return for the benefit of the Non-Preparer. If the Preparer agrees, in its sole discretion, to amend such Tax Return, the Preparer it shall be entitled to reimbursement from the Non-Preparer for any reasonable third-party costs that are attributable to the Non-Preparer’s request, to the extent those costs exceed $50,000.

Appears in 2 contracts

Samples: Tax Sharing Agreement (Seventy Seven Energy Inc.), Tax Sharing Agreement (Chesapeake Oilfield Operating LLC)

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