Common use of Tax Return Information Clause in Contracts

Tax Return Information. Each of SpinCo and Parent, and each member of their respective Groups, acknowledges that time is of the essence in relation to any request for information, assistance, or cooperation made by Parent or SpinCo pursuant to this Agreement. Each of SpinCo and Parent, and each member of their respective Groups, acknowledge that failure to conform to the deadlines set forth in this Agreement could cause irreparable harm. Each of SpinCo and Parent shall provide to the other Party information and documents relating to its Group reasonably required by the Responsible Party to prepare Tax Returns or conduct Tax Contests. Any information or documents the requesting Party requires to prepare such Tax Returns shall be provided in such form as the requesting Party reasonably requests and at or prior to the time reasonably specified by the requesting Party so as to enable the requesting Party to file such Tax Returns on a timely basis.

Tax Return Information. Each of SpinCo Spinco and Parent, and each member of their respective Groups, acknowledges Parent acknowledge that time is of the essence in relation to any request for information, assistance, assistance or cooperation made by Parent or SpinCo Spinco pursuant to Section 7.01 or this AgreementSection 7.02. Each of SpinCo Spinco and Parent, and each member of their respective Groups, Parent acknowledge that failure to conform to the reasonable deadlines set forth in this Agreement by Parent or Spinco could cause irreparable harm. Each of SpinCo and Parent Party shall provide to the other Party information and documents relating to its Group reasonably required by the Responsible other Party to prepare Tax Returns or conduct Tax ContestsReturns, including, but not limited to, any Pro Forma Spinco Group Consolidated Return prepared by Parent for purposes of preparing Joint Returns. Any information or documents the requesting Responsible Party requires to prepare such Tax Returns shall be provided in such form as the requesting Responsible Party reasonably requests and at or prior to the time reasonably specified by the requesting Responsible Party so as to enable the requesting Responsible Party to file such Tax Returns on a timely basis.