Common use of Responsibility for Taxes on Distribution Clause in Contracts

Responsibility for Taxes on Distribution. Any person or entity that receives a distribution from the Settlement Fund shall be solely responsible for any taxes or tax-related expenses owed or incurred by that person or entity by reason of that distribution. Such taxes and tax-related expenses shall not be paid from the Settlement Fund.

Appears in 19 contracts

Samples: Settlement Agreement and Release, Settlement Agreement and Release, Settlement Agreement and Release

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Responsibility for Taxes on Distribution. Any person or entity Person that receives a distribution from the Settlement Fund shall Sum will be solely responsible for any taxes or tax-tax- related expenses owed or incurred by that person or entity by reason of that distribution. Such taxes and tax-tax- related expenses shall will not be paid from the Settlement FundSum.

Appears in 3 contracts

Samples: Class Action Settlement Agreement, Class Action Settlement Agreement, Class Action Settlement Agreement

Responsibility for Taxes on Distribution. Any person or entity that receives a distribution from the Settlement Fund shall will be solely responsible for any taxes or tax-related expenses owed or incurred by that person or entity by reason of that distribution. Such taxes and tax-related expenses shall will not be paid from the Settlement Fund.

Appears in 3 contracts

Samples: Class Action Settlement Agreement and Release, Class Action Settlement Agreement and Release, Class Action Settlement Agreement and Release

Responsibility for Taxes on Distribution. Any person or entity that receives a distribution from the Settlement Fund pursuant to Section 8.04 shall be solely responsible for any taxes or tax-related expenses owed or incurred by that person or entity by reason of that distribution. Such taxes and tax-related expenses shall not be paid from the Settlement Fund.

Appears in 2 contracts

Samples: Class Action Settlement Agreement and Release, Class Action Settlement Agreement and Release

Responsibility for Taxes on Distribution. Any person or entity that receives a distribution from the Settlement Fund shall be solely responsible for any taxes Taxes or taxTax-related expenses owed or incurred by that person or entity by reason of that distribution. Such taxes Taxes and tax-Tax- related expenses shall not be paid from the Settlement Fund.

Appears in 2 contracts

Samples: Settlement Agreement and Release, Settlement Agreement and Release

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Responsibility for Taxes on Distribution. Any person or entity that receives a distribution from the Settlement Fund pursuant to Section 8 (except for a distribution of taxes), shall be solely responsible for any taxes or tax-related expenses owed or incurred by that person or entity by reason of that distribution. Such taxes and tax-related expenses shall not be paid from the Settlement Fund.

Appears in 1 contract

Samples: Settlement Agreement and Release

Responsibility for Taxes on Distribution. Any person or entity that receives a distribution from the Settlement Fund pursuant to Section 7.04 shall be solely responsible for any taxes or tax-related expenses owed or incurred by that person or entity by reason of that distribution. Such taxes and tax-related expenses shall not be paid from the Settlement Fund.

Appears in 1 contract

Samples: Class Action Settlement Agreement and Release

Responsibility for Taxes on Distribution. Any person or entity that receives a distribution from the Settlement Fund pursuant to Section 9.03 shall be solely responsible for any taxes or tax-related expenses owed or incurred by that person or entity by reason of that distribution. Such taxes and tax-related expenses shall not be paid from the Settlement Fund.

Appears in 1 contract

Samples: Class Action Settlement Agreement and Release

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