Examples of LEI Group in a sentence
To the extent permitted by applicable Tax Law, LEI and its Affiliates shall waive the right to carryback any Tax attribute of the members of the LEI Group arising in a Post-Distribution Period to a Pre-Distribution Period.
LEI shall be allocated all Taxes that are attributable to members of the LEI Group and reported on, or required to be reported on, a Separate Return that is required to be filed by a member of the LEI Group.
LMC shall make available, and cause its Subsidiaries to make available, to members of the LEI Group for inspection and copying the portion of any Tax Record in their possession that relates to a Pre-Distribution Period and which is reasonably necessary for the preparation of a Tax Return by a member of the LEI Group or any of their Affiliates or with respect to an audit or litigation by a Tax Authority of such return.
All Tax Returns that include any members of the LEI Group or LMC Group, or any of their respective Affiliates, shall be prepared in a manner that is consistent with the Ruling Request, the Ruling, and the Tax Opinions.
Notwithstanding the foregoing, LMC shall not be required to file any Supplemental IRS Submission unless LEI represents to LMC that (i) it has reviewed the Supplemental IRS Submission, and (ii) all information and representations, if any, relating to any member of the LEI Group and their Affiliates contained in the Supplemental IRS Submission are true, correct and complete in all material respects.
If any member of the LEI Group is required to make a payment to a Tax Authority for Taxes allocated to LMC under this Agreement, LMC will pay the amount of Taxes allocated to it to LEI not later than the later of (i) five business days after receiving notification requesting such amount, and (ii) one business day prior to the date such payment is required to be made to such Tax Authority.
LEI shall be responsible for preparing and filing (or causing to be prepared and filed) all Separate Returns which relate to one or more members of the LEI Group for any Tax Year.
LEI shall be allocated any Tax attributable to members of the LEI Group that is not required to be reported on a Tax Return, and LMC shall be allocated any Tax attributable to members of the LMC Group that is not required to be reported on a Tax Return.
LEI shall be allocated all Taxes that are attributable to members of the LEI Group for the Post-Distribution Period and reported on, or required to be reported on, a Combined Return.
LMC shall be allocated: (A) all Taxes that are attributable to members of the LMC Group and reported on, or required to be reported on, a Combined Return; and (B) all Taxes that are attributable to members of the LEI Group for the Pre-Distribution Period and reported on, or required to be reported on, a Combined Return.