Restructuring Taxes. Notwithstanding any statement to the contrary in this Agreement and except as otherwise provided in the Distribution Agreement, to the extent that any Taxes are found to arise out of the Reorganization or the Distribution, then half of any such Tax liability incurred by the Parties (or any of their Subsidiaries) shall be the responsibility of New D&B and the other half of any such Tax liability shall be the responsibility of the Corporation.
Appears in 4 contracts
Samples: Tax Allocation Agreement (New D&b Corp), Tax Allocation Agreement (New D&b Corp), Tax Allocation Agreement (Moodys Corp /De/)
Restructuring Taxes. Notwithstanding any statement to the contrary in this Agreement and except as otherwise provided in the Distribution Agreement, to the extent that any Taxes are found to arise out of the Reorganization or the DistributionReorganizations, then half of any such Tax liability incurred by the Parties (or any of their Subsidiaries) shall be the responsibility of New D&B; provided, however, that to the extent specific cash allocations for such Taxes are made in connection with the Distribution, D&B and the other half of any such Tax liability shall be the responsibility relieved of the Corporationits liability for such Taxes.
Appears in 3 contracts
Samples: Tax Allocation Agreement (Cognizant Corp), Tax Allocation Agreement (Acnielsen Corp), Tax Allocation Agreement (Dun & Bradstreet Corp)
