Common use of SpinCo Carrybacks and Claims for Refund Clause in Contracts

SpinCo Carrybacks and Claims for Refund. SpinCo hereby agrees that, unless Manitowoc ParentCo consents in writing, (i) no Adjustment Request with respect to any Tax Return for a pre-Distribution Period or Straddle Period shall be filed, and (ii) any available elections to waive the right to claim in any Pre-Distribution Period with respect to any Tax Return any SpinCo Carryback arising in a Post-Distribution Period shall be made, and no affirmative election shall be made to claim any such SpinCo Carryback.

Appears in 3 contracts

Samples: Tax Matters Agreement (Manitowoc Foodservice, Inc.), Tax Matters Agreement (Manitowoc Co Inc), Tax Matters Agreement (Manitowoc Foodservice, Inc.)

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SpinCo Carrybacks and Claims for Refund. SpinCo Spinco hereby agrees that, unless Manitowoc ParentCo Parent in its sole and absolute discretion consents in writing, (i) no Adjustment Request with respect to any Tax Joint Return for a pre-Distribution Period or Straddle Period shall be filed, and (ii) any available elections to waive the right to claim in any Pre-Distribution Period with respect to any Tax Joint Return any SpinCo Spinco Carryback arising in a Post-Distribution Period shall be made, and no affirmative election shall be made to claim any such SpinCo Spinco Carryback.

Appears in 2 contracts

Samples: Tax Matters Agreement (Oneok Inc /New/), Tax Matters Agreement (ONE Gas, Inc.)

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