Common use of Tax Refund or Tax Benefit Received by Distributing Group Clause in Contracts

Tax Refund or Tax Benefit Received by Distributing Group. If a member of the Distributing Group receives a Tax Refund with respect to Taxes for which Splitco is liable hereunder or realizes a Tax Benefit for which Splitco is entitled to reimbursement pursuant to clause (iii) of Section 2.1(a), Distributing shall pay to Splitco, within five (5) business days following the receipt of the Tax Refund or the realization of such Tax Benefit, an amount equal to such Tax Refund or Tax Benefit.

Appears in 4 contracts

Samples: Tax Sharing Agreement (Liberty Media Corp), Tax Sharing Agreement (Atlanta Braves Holdings, Inc.), Tax Sharing Agreement (Liberty Media Corp)

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Tax Refund or Tax Benefit Received by Distributing Group. If a member of the Distributing Group receives a Tax Refund with respect to Taxes for which Splitco is liable hereunder or realizes uses a Tax Benefit for which Splitco is entitled to reimbursement pursuant to clause (iii) of Section 2.1(a), subject to the provisions of Section 4.3(d), Distributing shall pay to Splitco, within five (5) business days following the receipt of the Tax Refund or the realization use of such Tax Benefit, an amount equal to such Tax Refund or Tax Benefit.

Appears in 4 contracts

Samples: Tax Sharing Agreement, Tax Sharing Agreement (Gci Liberty, Inc.), Tax Sharing Agreement (Liberty Interactive Corp)

Tax Refund or Tax Benefit Received by Distributing Group. If a member of the Distributing Group receives a Tax Refund with respect to Taxes for which Splitco is liable hereunder or realizes uses a Tax Benefit for which Splitco is entitled to reimbursement pursuant to clause (iii) of Section 2.1(a2.01(a), Distributing shall pay to Splitco, within five (5) ten business days following the receipt of the Tax Refund or the realization use of such Tax Benefit, an amount equal to such Tax Refund or Tax Benefit.

Appears in 3 contracts

Samples: Tax Sharing Agreement, Tax Sharing Agreement (Liberty Latin America Ltd.), Tax Sharing Agreement (Liberty Latin America Ltd.)

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Tax Refund or Tax Benefit Received by Distributing Group. If a member of the Distributing Group receives a Tax Refund with respect to Taxes for which Splitco is liable hereunder or realizes uses a Tax Benefit for which Splitco is entitled to reimbursement pursuant to clause (iii) of Section 2.1(a), Distributing shall pay to Splitco, within five (5) business days following the receipt of the Tax Refund or the realization use of such Tax Benefit, an amount equal to such Tax Refund or Tax Benefit.

Appears in 1 contract

Samples: Tax Sharing Agreement (General Communication Inc)

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