Examples of FNT Group in a sentence
Whenever this Agreement specifies that consent is not to be unreasonably withheld, the determination shall take into account, among other things, the relative amount of potential Tax exposure or refund involved for FNT Group companies on the one hand and the FIS Group companies on the other hand, and if the consent relates to bringing proceedings in one venue rather than another, the impact on such decision on such interests of each group.
No later than the due date (including any extensions), of any Consolidated Return or Combined Return including both FIS Group companies and FNT Group companies, the Filing Party shall pay to the Non-Filing Party any overpayment or the Non-Filing Party shall pay to the Filing Party any underpayment shown on the Consolidated Tax Allocation Statement or the Combined Tax Allocation Statement, as the case may be.
FNT shall accurately prepare (or cause to be prepared) in a manner consistent with past practice and shall timely file (or cause to be timely filed) all Separate Returns that are required to be filed by any FNT Group company and all Separate Returns that are required to be filed by any FNF Legacy Group company, other than NTI-NY Tax Returns.
Except as otherwise provided herein, this Agreement is solely for the benefit of FNF, each member of FNT Group and each member of the FIS Group.
In furtherance thereof, in the event of any dispute or disagreement (a “Dispute”) between any FIS Group member and any FNT Group member as to the interpretation of any provision of this Agreement (or the performance of obligations hereunder), the matter, upon written request of either party, will be referred for resolution to a steering committee established pursuant to this Section 3.3(a) (the “Steering Committee”).
Notwithstanding any other provision hereof to the contrary, this Agreement is not intended to change the allocation of liability for any matter in any other existing or future agreement between any member of the FNT Group and any member of the FIS Group, to all of which this Agreement is hereby made subject.
Any refund of Taxes resulting from an adjustment made to a Tax Return that includes one or more FIS Group companies on the one hand, and FNT Group companies on the other, shall be allocated in a manner such that a party responsible for indemnification of a tax liability for a particular Taxable Period pursuant to either Section 4 or Section 5 will be entitled to any refunds with respect to such Tax for such Taxable Period, except as provided in Section 3.1.
During the period commencing on the Closing Date and continuing until a Change of Control of FNT occurs or until such earlier date as may be agreed to by the Parties (the "Transition Date"), FNT shall continue to participate in the FNF medical and dental benefit plans (collectively, the "FNF Health Plans") for the benefit of the eligible employees of the FNT Group, and FNF shall consent thereto, all in accordance with the terms of those plans.
In the event that either FNF or FNT commences a proceeding or any other form of action for such purposes, FNF or FNT, as applicable, will cause the entities within the FNT Group or the FNF Group, respectively, to reasonably cooperate, at their own expense, with such entity to prosecute such action or proceeding.
Notwithstanding anything herein to the contrary, neither the FNT Group nor the FNF Group shall be restricted in any way from amending or, with 30 days advance written notice to the other Party, terminating, at any time or for any reason, their respective Employee Benefit Plans, in whole or in part, or with respect to any employee or group of employees.