Common use of Remittance of Refunds Clause in Contracts

Remittance of Refunds. If the Buyer or any Affiliate of the Buyer receives a refund of any Taxes that the Seller is responsible for hereunder, or if the Seller or any Affiliate of the Seller receives a refund of any Taxes that the Buyer is responsible for hereunder, the party receiving such refund shall, within 30 days after receipt of such refund, remit it to the party who has responsibility for such Taxes hereunder. For the purpose of this Section 9(m), the term "refund" shall include a reduction in Tax and the use of an overpayment as a credit or other Tax offset, and receipt of a refund shall occur upon the filing of a Tax Return or an adjustment thereto using such reduction, overpayment or offset or upon the receipt of cash.

Remittance of Refunds. If the Buyer Investor or any Affiliate of the Buyer Investor receives a refund of any Taxes that the Seller is Sellers are responsible for hereunder, or if the Seller Sellers or any Affiliate of the Seller Sellers receives a refund of any Taxes that the Buyer Investor is responsible for hereunder, the party Party receiving such refund shall, within 30 days after receipt of such refund, remit it to the party Party who has responsibility for such Taxes hereunder. For the purpose of this Section 9(m10(m), the term "“refund" ” shall include a reduction in Tax and the use of an overpayment as a credit or other Tax offset, and receipt of a refund shall occur upon the filing of a Tax Return or an adjustment thereto using such reduction, overpayment or offset or upon the receipt of cash.

Remittance of Refunds. If the Buyer LS Power or any Affiliate of the Buyer LS Power receives a refund of any Taxes that the Seller Dynegy is responsible for entitled to hereunder, or if the Seller Dynegy or any Affiliate of the Seller Dynegy receives a refund of any Taxes that the Buyer LS Power is responsible for entitled to hereunder, the party Party receiving such refund shall, within 30 days after receipt of such refund, remit it to the party Party who has responsibility for is entitled to such Taxes hereunder. For the purpose of this Section 9(m6(g), the term "“refund" ” shall include a reduction in Tax and the use of an overpayment as a credit or other Tax offset, and receipt of a refund shall occur upon the filing of a Tax Return or an adjustment thereto using such reduction, overpayment or offset or upon the receipt of cash.

Remittance of Refunds. If the Buyer or any Affiliate of the Buyer receives a refund of any Taxes that the Seller is Sellers are responsible for hereunder, or if the Seller Sellers or any Affiliate of the Seller Sellers receives a refund of any Taxes that the Buyer is responsible for hereunder, the party receiving such refund shall, within 30 days after receipt of such refund, remit it to the party who has responsibility for such Taxes hereunder. For the purpose of this Section 9(m10(m), the term "“refund" ” shall include a reduction in Tax and the use of an overpayment as a credit or other Tax offset, and receipt of a refund shall occur upon the filing of a Tax Return or an adjustment thereto using such reduction, overpayment or offset or upon the receipt of cash.

Remittance of Refunds. If the Buyer or any Affiliate of the Buyer receives a refund of any Taxes that the Seller is Sellers are responsible for hereunder, or if the Seller Sellers or any Affiliate of the Seller Sellers receives a refund of any Taxes that the Buyer is responsible for hereunder, the party Party receiving such refund shall, within 30 days after receipt of such refund, remit it to the party Party who has responsibility for such Taxes hereunder. For the purpose of this Section 9(m), the term "“refund" ” shall include a reduction in Tax and the use of an overpayment as a credit or other Tax offset, and receipt of a refund shall occur upon the filing of a Tax Return or an adjustment thereto using such reduction, overpayment or offset or upon the receipt of cash.

Remittance of Refunds. If the Buyer or any Affiliate of the Buyer receives a refund of any Taxes that the Seller is responsible for hereunder, or if the Seller or any Affiliate of the Seller receives a refund of any Taxes that the Buyer is responsible for hereunder, the party receiving such refund shall, within 30 days after receipt of such refund, remit it to the party who has responsibility for such Taxes hereunder. For the purpose of this Section 9(m9.7(i), the term "“refund" ” shall include a reduction in Tax and the use of an overpayment as a credit or other Tax offset, and receipt of a refund shall occur upon the filing of a Tax Return or an adjustment thereto using such reduction, overpayment or offset or upon the receipt of cash.

Remittance of Refunds. If the Buyer or any Affiliate of the Buyer receives a refund of any Taxes that the Seller is Sellers are responsible for hereunder, or if the Seller Sellers or any Affiliate of the Seller receives Sellers receive a refund of any Taxes that the Buyer is responsible for hereunder, the party receiving such refund shall, within 30 days after receipt of such refund, remit it to the party who has responsibility for such Taxes hereunder. For the purpose of this Section 9(m), the term "refund" shall include a reduction in Tax and the use of an overpayment as a credit or other Tax tax offset, and receipt of a refund shall occur upon the filing of a Tax Return return or an adjustment thereto using such reduction, overpayment or offset or upon the receipt of cash.