Examples of KCSI Group in a sentence
KCSI shall timely file or cause to be filed all other Tax Returns required with respect to the KCSI Group, and Xxxxxxxx shall timely file or cause to be filed all other Tax Returns with respect to the Xxxxxxxx Group.
If there should arise any audit expense the origin of which cannot be determined to be partially or solely with the Xxxxxxxx Group or the KCSI Group, such audit expense shall be divided equally between the Xxxxxxxx Group and the KCSI Group, and the Xxxxxxxx Group and the KCSI Group shall manage the underlying audit issue jointly and shall have joint authority and responsibility with respect to such audit issue.
If any member of the Xxxxxxxx Group generates a deduction, loss or credit for any Tax period ending after the Disaffiliation Date that can be carried back to any prior consolidated or combined Tax year which includes members of both the KCSI Group and the Xxxxxxxx Group, KCSI shall, at the written request of Xxxxxxxx and at Xxxxxxxx'x expense, prepare and file an amended Tax Return for such prior year reflecting such carryback.
KCSI and Xxxxxxxx hereby guarantee the performance of actions, agreements and obligations contained in this Agreement of each member of the KCSI Group and the Xxxxxxxx Group, respectively.
If there should arise any Taxes the origin of which cannot be determined to be partially or solely with the Xxxxxxxx Group or the KCSI Group, such Taxes shall be divided equally between the Xxxxxxxx Group and the KCSI Group.
Except as provided in Section 5.2, KCSI shall have sole responsibility for all audits and other proceedings with respect to Taxes or Tax Returns of the KCSI Group, and Xxxxxxxx shall have sole responsibility for all audits and other proceedings with respect to Taxes or Tax Returns of the Xxxxxxxx Group.
An Employee who has elected to purchase Shares may cancel his election as to any or all of such Shares by written notice of cancellation delivered to the chief accounting officer of the KCSI Group entity by whom he is employed or other officer designated to accept such notice of cancellation, but such notice of cancellation must be so delivered before the close of business on the last business day of the Purchase Period.
All payments made pursuant to Section 3.1 or 3.2 with respect to periods for which consolidated or combined Tax Returns were filed and which included members of both the KCSI Group and the Xxxxxxxx Group shall be treated, to the fullest extent possible, as payments made directly to the taxing authority by a taxpayer having a direct obligation (whether joint or joint and several) to the taxing authority.
DST shall indemnify and hold harmless KCSI and each member of the KCSI Group against liability for any and all Taxes (other than Taxes arising from the triggering of any excess loss account relating to KCSI's ownership of DST stock) attributable to the income, operations or assets of the DST Group, whether arising before or after the Sale Date.
KCSI shall pay to DST any refund of any Tax and any interest on such refund which is received after the Sale Date by any member of the KCSI Group or credited after the Sale Date against any liability of any member of the KCSI Group and which is attributable to the income, operations or assets of any member of the DST Group.