Common use of U.S. Federal Income Tax Relating to Joint Returns Clause in Contracts

U.S. Federal Income Tax Relating to Joint Returns. (a) Xxxxxxx shall pay and be responsible for any and all Federal Income Taxes due with respect to or required to be reported on any Joint Return (including any increase in such Tax as a result of a Final Determination) for all Pre-Distribution Periods. (b) Veralto shall pay and be responsible for any and all Federal Income Taxes due with respect to or required to be reported on any Joint Return (including any increase in such Tax as a result of a Final Determination) which Taxes are attributable to the Veralto Business for all Post-Distribution Periods. (c) Xxxxxxx shall pay and be responsible for any and all Federal Income Taxes due with respect to or required to be reported on any Joint Return (including any increase in such Tax as a result of a Final Determination) other than those Federal Income Taxes described in Section 2.1(b) for all Post-Distribution Periods.

Appears in 4 contracts

Samples: Tax Matters Agreement (Veralto Corp), Tax Matters Agreement (Danaher Corp /De/), Tax Matters Agreement (Veralto Corp)

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U.S. Federal Income Tax Relating to Joint Returns. (a) Xxxxxxx shall pay and be responsible for any and all Federal Income Taxes due with respect to or required to be reported on any Joint Return (including any increase in such Tax as a result of a Final Determination) for all Pre-Distribution IPO Periods. (b) Veralto Envista shall pay and be responsible for any and all Federal Income Taxes due with respect to or required to be reported on any Joint Return (including any increase in such Tax as a result of a Final Determination) which Taxes are attributable to the Veralto Envista Business for all Post-Distribution IPO Periods. (c) Xxxxxxx shall pay and be responsible for any and all Federal Income Taxes due with respect to or required to be reported on any Joint Return (including any increase in such Tax as a result of a Final Determination) other than those Federal Income Taxes described in Section 2.1(b) for all Post-Distribution IPO Periods.

Appears in 2 contracts

Samples: Tax Matters Agreement (Envista Holdings Corp), Tax Matters Agreement (Envista Holdings Corp)

U.S. Federal Income Tax Relating to Joint Returns. (a) Xxxxxxx Cummins shall pay and be responsible for any and all Federal Income Taxes due with respect to or required to be reported on any Joint Return (including any increase in such Tax as a result of a Final Determination) for all Pre-Distribution IPO Periods. (b) Veralto Filtration shall pay and be responsible for any and all Federal Income Taxes due with respect to or required to be reported on any Joint Return (including any increase in such Tax as a result of a Final Determination) which Taxes are attributable to the Veralto Filtration Business for all Post-Distribution IPO Periods. (c) Xxxxxxx Cummins shall pay and be responsible for any and all Federal Income Taxes due with respect to or required to be reported on any Joint Return (including any increase in such Tax as a result of a Final Determination) other than those Federal Income Taxes described in Section 2.1(b) for all Post-Distribution IPO Periods.

Appears in 2 contracts

Samples: Tax Matters Agreement (Atmus Filtration Technologies Inc.), Tax Matters Agreement (Atmus Filtration Technologies Inc.)

U.S. Federal Income Tax Relating to Joint Returns. (a) Xxxxxxx Fortive shall pay and be responsible for any and all Federal Income Taxes due with respect to or required to be reported on any Joint Return (including any increase in such Tax as a result of a Final Determination) for all Pre-Distribution Periods. (b) Veralto Vontier shall pay and be responsible for any and all Federal Income Taxes due with respect to or required to be reported on any Joint Return (including any increase in such Tax as a result of a Final Determination) which Taxes are attributable to the Veralto Vontier Business for all Post-Distribution Periods. (c) Xxxxxxx Fortive shall pay and be responsible for any and all Federal Income Taxes due with respect to or required to be reported on any Joint Return (including any increase in such Tax as a result of a Final Determination) other than those Federal Income Taxes described in Section 2.1(b) for all Post-Distribution Periods.

Appears in 2 contracts

Samples: Tax Matters Agreement (Vontier Corp), Tax Matters Agreement (Vontier Corp)

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U.S. Federal Income Tax Relating to Joint Returns. (a) Xxxxxxx shall pay and be responsible for any and all Federal Income Taxes due with respect to or required to be reported on any Joint Return (including any increase in such Tax as a result of a Final Determination) for all Pre-Distribution Periods. (b) Veralto Fortive shall pay and be responsible for any and all Federal Income Taxes due with respect to or required to be reported on any Joint Return (including any increase in such Tax as a result of a Final Determination) which Taxes are attributable to the Veralto Fortive Business for all Post-Post Distribution Periods. (c) Xxxxxxx shall pay and be responsible for any and all Federal Income Taxes due with respect to or required to be reported on any Joint Return (including any increase in such Tax as a result of a Final Determination) other than those Federal Income Taxes described in Section 2.1(b) for all Post-Post Distribution Periods.

Appears in 1 contract

Samples: Tax Matters Agreement (Fortive Corp)

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