Common use of Tax Attribute Matters Clause in Contracts

Tax Attribute Matters. Distributing and Controlled shall promptly advise each other with respect to any proposed Tax adjustments relating to a Consolidated Group, which are the subject of an audit or investigation, or are the subject of any proceeding or litigation, and which may affect any Tax liability or any Tax attribute of Distributing, Controlled, the Distributing Group, the Controlled Group or any member of the Controlled Group or the Distributing Group (including, but not limited to, basis in an asset or the amount of earnings and profits).

Appears in 6 contracts

Samples: Separation and Distribution Agreement, Tax Matters Agreement (Murphy Oil Corp /De), Tax Matters Agreement (Murphy USA Inc.)

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Tax Attribute Matters. Distributing and Controlled shall promptly advise each other with respect to any proposed Tax adjustments relating to a Consolidated Group, which that are the subject of an audit or investigation, or are the subject of any proceeding or litigation, and which that may affect any Tax liability or any Tax attribute Attribute of Distributing, Controlled, any member of the Distributing Group, the Controlled Group or any member of the Controlled Group or the Distributing Group (including, but not limited to, basis in an asset or the amount of earnings and profits).

Appears in 4 contracts

Samples: Tax Matters Agreement, Tax Matters Agreement (Vertiv Co.), Tax Matters Agreement (TopBuild Corp)

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