Common use of Tax Reserve After the Effective Date Clause in Contracts

Tax Reserve After the Effective Date. Upon the Final Order becoming Non-Appealable, Co-Lead Class Counsel will be authorized to establish a reserve from the Settlement Fund to pay any taxes that are or will be owed (but not yet due) and for expenses related to payment of taxes or filing of tax returns or to the extent that there are other costs of administration of the Settlement.

Appears in 1 contract

Samples: Class Action Settlement Agreement

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Tax Reserve After the Effective Date. Upon the Final Order becoming Non-Appealable, Co-Lead Class Counsel will be authorized to establish a reserve from the Settlement Fund to pay any taxes that are or will be owed (but not yet due) and for expenses related to payment of taxes or filing of tax returns or to the extent that there are other costs of administration of the SettlementSettlement not paid by Defendants.

Appears in 1 contract

Samples: Class Action Settlement Agreement

Tax Reserve After the Effective Date. Upon the Final Approval Order becoming Non-Appealable, Co-Lead Class Counsel will be authorized to establish a reserve from out of the Settlement Fund to pay any taxes Taxes that are or will be owed (but not yet due) and for expenses related to payment of taxes or Taxes, filing of tax returns or or, to the extent that there are other not yet incurred, costs of administration of the Settlementsettlement administration.

Appears in 1 contract

Samples: Class Action Settlement Agreement

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Tax Reserve After the Effective Date. Upon the Final Order becoming Non-Appealable, Co-Lead Class Counsel will be authorized to establish a reserve from out of the Settlement Fund to pay any taxes Taxes that are or will be owed (but not yet due) and for expenses related to payment of taxes Taxes or filing of tax returns or to the extent that there are other costs of administration of the SettlementSettlement that Defendants have not paid (regardless of whether those are expenses that Defendants are obligated to pay under this Agreement).

Appears in 1 contract

Samples: Class Action Settlement Agreement

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