Retention of Tax Records. Each of Distributing and Spinco shall preserve, and shall cause their respective Subsidiaries to preserve, all Tax Records that are in their possession, and that could affect the liability of any member of the other Group for Taxes, for as long as the contents thereof may become material in the administration of any matter under applicable Tax Law, but in any event until the later of (x) the expiration of any applicable statutes of limitation, as extended, and (y) seven years after the Distribution Date.
Appears in 9 contracts
Samples: Tax Sharing Agreement, Tax Sharing Agreement (CommerceHub, Inc.), Tax Sharing Agreement (CommerceHub, Inc.)
Retention of Tax Records. Each of Distributing Parent and Spinco shall preserve, and shall cause their respective Subsidiaries to preserve, all Tax Records that are in their possession, and that could affect the liability of any member of the other Group for Taxes, for as long as the contents thereof may become material in the administration of any matter under applicable Tax Law, but in any event until the later of (x) the expiration of any applicable statutes statute of limitationlimitations, as extended, and (y) seven years after the Distribution Date.
Appears in 4 contracts
Samples: Tax Disaffiliation Agreement (Douglas Elliman Inc.), Tax Disaffiliation Agreement (Douglas Elliman Inc.), Tax Matters Agreement (Urban Edge Properties)
Retention of Tax Records. Each of Distributing Networks and Spinco shall preserve, and shall cause their respective Subsidiaries to preserve, all Tax Records that are in their possession, and that could affect the liability of any member of the other Group for Taxes, for as long as the contents thereof may become material in the administration of any matter under applicable Tax Law, but in any event until the later of (x) the expiration of any applicable statutes statute of limitationlimitations, as extended, and (y) seven years after the Distribution Date.
Appears in 4 contracts
Samples: Tax Disaffiliation Agreement (Madison Square Garden Entertainment Corp.), Tax Disaffiliation Agreement (Madison Square Garden Co), Tax Disaffiliation Agreement (MSG Spinco, Inc.)
Retention of Tax Records. Each of External Distributing and Spinco External SpinCo shall preserve, and shall cause their respective Subsidiaries to preserve, all Tax Records that are in their possession, and that could affect the liability of any member of the other Group for Taxes, for as long as the contents thereof may become material in the administration of any matter under applicable Tax Law, but in any event until the later of (xi) the expiration of any applicable statutes of limitation, as extended, and (yii) seven years after the Distribution Date.
Appears in 4 contracts
Samples: Tax Matters Agreement (Kimberly Clark Corp), Tax Matters Agreement (Halyard Health, Inc.), Tax Matters Agreement (Halyard Health, Inc.)
