Tax Claims. Sections 7.04(b)(i) through 7.04(b)(iv), 7.04(b)(vi) and 7.04(b)(vii) shall not be applicable to any Third Party Claim relating to income or franchise taxes. Each of LM and the Company shall keep the other fully advised with respect to, and shall grant the other full rights of consultation in connection with, any such Third Party Claim and the defense or other handling of any audit, litigation or other proceeding involving the tax treatment of the Contemplated Transactions.
Appears in 3 contracts
Samples: Contribution and Assumption Agreement (General Electric Co), Contribution and Assumption Agreement (General Electric Co), Contribution and Assumption Agreement (Lockheed Martin Corp)
Tax Claims. Sections 7.04(b)(i9.04(b)(i) through 7.04(b)(iv9.04(b)(iv), 7.04(b)(vi9.04(b)(vi) and 7.04(b)(vii9.04(b)(vii) shall not be applicable to any Third Party Claim relating to income or franchise taxes. Each of LM and the Company GE shall keep the other fully advised with respect to, and shall grant the other full rights of consultation in connection with, any such Third Party Claim and the defense or other handling of any audit, litigation or other proceeding involving the tax treatment of the Contemplated Transactions.
Appears in 3 contracts
Samples: Exchange Agreement (General Electric Co), Exchange Agreement (General Electric Co), Exchange Agreement (Lockheed Martin Corp)
