Examples of Entity Taxes in a sentence
For purposes of Section 2.2(c) and in determining the amount of any YUM Intermediate Entity Taxes with respect to a Tax Year that begins on or before and ends after the Distribution Date, Tax Items arising during any Tax Year that begins on or before and ends after the Distribution Date shall be treated as arising during the Pre-Spin Period or the Post-Spin Period based on an interim closing of the books as of and including the day of the Distribution Date.
Colt and its Subsidiaries shall be entitled to any refunds of Colt Separate Entity Taxes.
Buyer, Stride Rite and the PLG Subsidiaries shall be entitled to any refunds of PLG Separate Entity Taxes.
If any Entity Taxes are imposed on or otherwise payable by the Company (including the Company’s share of Entity Taxes imposed on any subsidiaries of the Company), the Company Representative shall allocate among the Members such Entity Taxes in a reasonable manner taking into account any modifications attributable to a Member pursuant to Section 6225(c) of the BBA Rules (if applicable) and any similar state and local authority.
Notwithstanding anything herein to the contrary, in the event that any Acquired Company Entity Taxes result from the transfer of the Subject Interests, Alpha and Parent shall each be responsible for the payment of 50% of any such Acquired Company Entity Taxes.