Common use of Third Party Tax Indemnities and Benefits Clause in Contracts

Third Party Tax Indemnities and Benefits. (a) Notwithstanding anything to the contrary in this Agreement, to the extent that pursuant to any agreement to which any Fiesta Party is a party, any Fiesta Party has the right to indemnification by any Person (other than any Fiesta Party or CRG Party) with respect to Taxes that arise or are attributable to a period (or portion thereof) ending on or prior to the Distribution Date, Fiesta shall be responsible for such Taxes and shall be entitled to receive all Tax indemnities related thereto. (b) Notwithstanding anything to the contrary in this Agreement, to the extent that pursuant to any agreement to which any CRG Party is a party, any CRG Party has the right to indemnification by any Person (other than any Fiesta Party or CRG Party) with respect to Taxes that arise or are attributable to a period (or portion thereof) ending on or prior to the Distribution Date, CRG shall be responsible for such Taxes and shall be entitled to receive all Tax indemnities related thereto.

Appears in 3 contracts

Samples: Tax Matters Agreement (Carrols Restaurant Group, Inc.), Tax Matters Agreement (Fiesta Restaurant Group, Inc.), Tax Matters Agreement (Fiesta Restaurant Group, Inc.)

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Third Party Tax Indemnities and Benefits. (a) Notwithstanding anything to the contrary in this Agreement, to the extent that pursuant to any agreement to which any Fiesta Columbia Party is a party, any Fiesta Columbia Party has the right to indemnification by any Person (other than any Fiesta Columbia Party or CRG NiSource Party) with respect to Taxes that arise or are attributable to a period (or portion thereof) ending on or prior to the Distribution Date, Fiesta Columbia shall be responsible for such Taxes and shall be entitled to receive all Tax indemnities related thereto. (b) Notwithstanding anything to the contrary in this Agreement, to the extent that pursuant to any agreement to which any CRG NiSource Party is a party, any CRG NiSource Party has the right to indemnification by any Person (other than any Fiesta Columbia Party or CRG NiSource Party) with respect to Taxes that arise or are attributable to a period (or portion thereof) ending on or prior to the Distribution Date, CRG NiSource shall be responsible for such Taxes and shall be entitled to receive all Tax indemnities related thereto.

Appears in 2 contracts

Samples: Tax Allocation Agreement (Columbia Pipeline Group, Inc.), Tax Allocation Agreement (Columbia Pipeline Group, Inc.)

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