Common use of Straddle Period Taxes Clause in Contracts

Straddle Period Taxes. In the case of Taxes (other than Exchange Taxes) that are attributable to a Straddle Period, such Taxes shall be allocated between the portion of the Straddle Period that is a Pre-Closing Period and the portion of the Straddle Period that is a Post-Closing Period based on a Closing-of-the-Books Method.

Appears in 3 contracts

Samples: Separation Agreement (Wolverine World Wide Inc /De/), Purchase Agreement (Wolverine World Wide Inc /De/), Separation Agreement (Wolverine World Wide Inc /De/)

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Straddle Period Taxes. In the case of Taxes (other than Exchange Distribution Taxes) that are attributable to a Straddle Period, such Taxes shall be allocated between the portion of the Straddle Period that is a Pre-Closing Period and the portion of the Straddle Period that is a Post-Closing Period based on a the Closing-of-the-Books Method.

Appears in 2 contracts

Samples: Tax Matters Agreement (Four Corners Property Trust, Inc.), Tax Matters Agreement (Four Corners Property Trust, Inc.)

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Straddle Period Taxes. In the case of Taxes (other than Exchange Distribution Taxes) that are attributable to a Straddle Period, such Taxes shall be allocated between the portion of the Straddle Period that is a Pre-Closing Period and the portion of the Straddle Period that is a Post-Closing Period based on a Closing-of-the-Closing of the Books Method.

Appears in 2 contracts

Samples: Tax Matters Agreement (Communications Sales & Leasing, Inc.), Tax Matters Agreement (Communications Sales & Leasing, Inc.)

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