Common use of Transactions Occurring on the Distribution Date Clause in Contracts

Transactions Occurring on the Distribution Date. Notwithstanding the provisions of Section 2.1(a)(i) (but subject to the provisions of Section 2.2), Taxes attributable to any transaction or action taken by or with respect to any member of the LEI Group outside the ordinary course of business before the Distribution on the Distribution Date shall be allocated to the Pre-Distribution Period, and Taxes attributable to any transaction or action taken by or with respect to any member of the LEI Group outside the ordinary course of business after the Distribution on the Distribution Date shall be allocated to the Post-Distribution Period.

Appears in 2 contracts

Samples: Tax Sharing Agreement (Directv), Tax Sharing Agreement (Liberty Entertainment, Inc.)

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Transactions Occurring on the Distribution Date. Notwithstanding the provisions of Section 2.1(a)(i) (but subject to the provisions of Section 2.2), Taxes attributable to any transaction or action taken by or with respect to any member of the LEI Splitco Group outside the ordinary course of business before the Distribution on the Distribution Date shall be allocated to the Pre-Distribution Period, and Taxes attributable to any transaction or action taken by or with respect to any member of the LEI Splitco Group outside the ordinary course of business after the Distribution on the Distribution Date shall be allocated to the Post-Distribution Period.

Appears in 2 contracts

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

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Transactions Occurring on the Distribution Date. Notwithstanding the foregoing provisions of this Section 2.1(a)(i2.1(a) (but subject to the provisions of Section 2.2), Taxes attributable to any transaction or action taken by or with respect to any member of the LEI Group outside the ordinary course of business before the Distribution on the Distribution Date shall be allocated to the Pre-Distribution Period, and Taxes attributable to any transaction or action taken by or with respect to any member of the LEI Group outside the ordinary course of business after the Distribution on the Distribution Date shall be allocated to the Post-Distribution Period.

Appears in 1 contract

Samples: Tax Sharing Agreement (Liberty Entertainment, Inc.)

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