Common use of Tax Periods Beginning After the Distribution Date Clause in Contracts

Tax Periods Beginning After the Distribution Date. The Distributing Group and the Controlled Group shall each be liable for, and shall indemnify the other against, its respective liability for Federal Income Taxes for all Post-Distribution Periods.

Appears in 2 contracts

Samples: Tax Indemnification and Allocation Agreement (Pfsweb Inc), Tax Indemnification and Allocation Agreement (Daisytek International Corporation /De/)

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Tax Periods Beginning After the Distribution Date. The Distributing Group and the Controlled Group shall each be liable for, and shall indemnify the other against, its respective liability for Federal Consolidated or Combined State Income Taxes for all Post-Distribution Periods.

Appears in 2 contracts

Samples: Tax Indemnification and Allocation Agreement (Daisytek International Corporation /De/), Tax Indemnification and Allocation Agreement (Pfsweb Inc)

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