Examples of Mtron Group in a sentence
Any amended Tax Return or claim for Tax refund, credit or offset with respect to any member of the Mtron Group may be made only by the Company (or its Affiliates) responsible for preparing the original Tax Return with respect to such member pursuant to Sections 3.1 or 3.2 (and, for the avoidance of doubt, subject to the same review and comment rights set forth in Sections 3.1 or 3.2, to the extent applicable).
Mtron 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 Mtron Group and for which LGL is not responsible under Section 3.2(a), provided that in the case of such returns in respect of any Pre-Distribution Period or Straddle Period, LGL shall have the right to review and comment on such returns, such comment not to be unreasonably rejected.
All Tax Returns that include any members of the Mtron Group or LGL Group, or any of their respective Affiliates, shall be prepared in a manner that is consistent with the qualifying the Distribution for the Tax-Free Status.
To the extent permitted under applicable Tax Laws, the Mtron Group shall make the appropriate elections in respect of any Tax Returns to waive any option to carry back any net operating loss, any credits or any similar item from a Post-Distribution Period to any Pre-Distribution Period or to any Straddle Period.
LGL shall make available, and cause its Subsidiaries to make available, to members of the Mtron 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 Mtron Group or any of their Affiliates or with respect to any Tax Contest with respect to such return.
For the avoidance of doubt, no member of the LGL Group shall be deemed to be a predecessor or successor of Mtron and no member of the Mtron Group shall be deemed to be a predecessor or successor of LGL.
Any refund of or credit for Taxes resulting from any such carryback by a member of the Mtron Group that cannot be waived shall be payable to Mtron net of any Taxes incurred with respect to the receipt or accrual thereof and any expenses incurred in connection therewith.
Without limiting the foregoing, the businesses and assets of the Mtron Group insured pursuant to clause (a) above shall include any and all rights of an insured party, including without limitation rights of indemnity, the right to be defended by or at the expense of the insurer and the right to receive insurance proceeds.
Mtron shall have all rights in and use of the trademarks, trade names, and logos that the Mtron Group uses in its operations as of the date hereof.
Other than as expressly addressed in this Agreement, any claim for indemnification with respect to any tax Liabilities of the LGL Group or the Mtron Group shall be governed by the Tax Indemnity and Sharing Agreement.