State Taxes. The two Companies will jointly file any state tax return on a combined, consolidated, unitary, or other method that Thermo Electron determines results in a lower overall tax liability to the Two Companies. In the event that said state tax returns shall be filed, the provisions of Sections 1-11 hereof shall apply, MUTATIS MUTANDIS (the necessary changes being made) to the allocation, preparation, filing and payment related to such state taxes and tax returns provided, however, that any benefit realized by the filing of the combined, consolidated or unitary return will remain with Thermo Electron.
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Samples: Tax Allocation Agreement (Metrika Systems Corp), Tax Matters Agreement (Viasys Healthcare Inc), Tax Matters Agreement (Thermo Electron Corp)
State Taxes. The two Companies will jointly file any state tax return on a combined, consolidated, unitary, or other method that Thermo Electron determines results in a lower overall tax liability to the Two Companies. In the event that said state tax returns shall be filed, the provisions of Sections 1-11 hereof shall apply, MUTATIS MUTANDIS mutatis mutandis (the necessary changes being made) to the allocation, preparation, filing and payment related to such state taxes and tax returns provided, however, that any benefit realized by the filing of the combined, consolidated or unitary return will remain with Thermo Electron.
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