Common use of Special Timing Rules Clause in Contracts

Special Timing Rules. If any indemnification or other payment is required to be made under Section 5 and Section 6 of this Agreement upon the actual or deemed realization by the Indemnifying Party of a Tax Benefit, such payment shall be made no later than 30 days after the earlier of (a) the filing or (b) the due date (including extensions) of the Tax Return with respect to which such Tax Benefit is realized. The Parties shall cooperate in good faith in enforcing the provisions of this Section 9.2, which cooperation shall include the provision of reasonable access to the Tax Returns of the Indemnifying Party by the Indemnified Party in order to determine the amount of any indemnification or other payment to be made pursuant to this Section 9.2.

Appears in 2 contracts

Samples: Sharing and Indemnification Agreement (Pharmacia Corp /De/), Tax Sharing and Indemnification Agreement (Monsanto Co /New/)

AutoNDA by SimpleDocs

Special Timing Rules. If any indemnification or other payment is required to be made under Section 5 and Section 6 7 of this Agreement upon the actual or deemed realization by the Indemnifying Party of a Tax Benefit, such payment shall be made no later than 30 days after the earlier of (a) the filing or (b) the due date (including extensions) of the Tax Return with respect to which such Tax Benefit is realized. The Parties parties shall cooperate in good faith in enforcing the provisions of this Section 9.211(b), which cooperation shall include the provision of reasonable access to the Tax Returns of the Indemnifying Party party by the Indemnified Party in order to determine the amount of any indemnification or other payment to be made pursuant to this Section 9.211(b).

Appears in 2 contracts

Samples: Sharing and Indemnification Agreement (Queeny Chemical Co), Sharing and Indemnification Agreement (Solutia Inc)

AutoNDA by SimpleDocs

Special Timing Rules. If any indemnification or other payment is -------------------- required to be made under Section 5 and Section 6 7 of this Agreement upon the actual or deemed realization by the Indemnifying Party of a Tax Benefit, such payment shall be made no later than 30 days after the earlier of (a) the filing or (b) the due date (including extensions) of the Tax Return with respect to which such Tax Benefit is realized. The Parties parties shall cooperate in good faith in enforcing the provisions of this Section 9.211(b), which cooperation shall include the provision of reasonable access to the Tax Returns of the Indemnifying Party party by the Indemnified Party in order to determine the amount of any indemnification or other payment to be made pursuant to this Section 9.211(b).

Appears in 1 contract

Samples: Sharing and Indemnification Agreement (Monsanto Co)

Time is Money Join Law Insider Premium to draft better contracts faster.