Common use of Single Business Returns Clause in Contracts

Single Business Returns. (a) Parent shall prepare and file (or cause a Parent Entity to prepare and file) any Single Business Returns for a Pre-Closing Period or a Straddle Period that reflects or reports Tax Items relating only to the Bluegreen Business and shall pay, or cause such Parent Entity to pay, all Taxes shown to be due and payable on such Tax Returns; provided that New BBX Capital shall reimburse Parent for any such Taxes that are New BBX Capital Taxes.

Appears in 5 contracts

Samples: Tax Matters Agreement (BBX Capital Corp), Tax Matters Agreement (BBX Capital Florida LLC), Tax Matters Agreement (BBX Capital Florida LLC)

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