Common use of Tax Returns to be Prepared by LGL Clause in Contracts

Tax Returns to be Prepared by LGL. LGL shall be responsible for preparing and filing (or causing to be prepared and filed): (i) all Separate Returns which relate to one or more members of the LGL Group for any Tax Year, and (ii) all Separate Returns which relate to one or more members of the Mtron Group for any Pre-Distribution Period or Straddle Period if such return is in respect of Covered Income Taxes, provided that Mtron shall furnish any relevant information, including pro-forma returns, disclosures, apportionment data and supporting schedules, relating to any member of the Mtron Group necessary for completing any Separate Return for any Pre-Distribution Period or Straddle Period in a format suitable for inclusion in such return, and provided further, that Mtron shall have the right to review and comment with respect to items on such returns if and to the extent such items relate to a Tax for which Mtron would be liable under Section 2.1(b)(i), such comment not to be unreasonably rejected.