Examples of NBH Group in a sentence
NBH shall cause each of the other parties of the NBH Group to, effective as of the Effective Time, release and forever discharge each of the Parent Indemnitees as and to the same extent as the release and discharge provided by NBH pursuant to this Section 6.1(a).
Within sixty (60) days after filing the Consolidated Return for the taxable year that includes the Distribution Date, Parent shall notify NBH of any adjustments in Parent’s earnings and profits as of the Distribution Date and shall provide to NBH supporting documentation which details the recalculation of Parent earnings and profits allocable to the business of any member of the NBH Group as of the Distribution Date.
NBH shall, on a timely basis and at its own expense, prepare and file, or cause to be prepared and filed, all Tax Returns not described in Section 2.1A or Section 2.1B required to be filed by NBH or a member of the NBH Group after the Distribution Date and shall pay in full any Taxes shown due thereon.
NBH shall cause to be performed, and hereby guarantees the performance of, all actions, agreements and obligations set forth in this Agreement or in any Ancillary Agreement to be performed by any member of the NBH Group.
The notice provided by Parent to NBH hereunder shall include supporting documentation which details the calculation of earnings and profits allocated to the business of any member of the NBH Group as of the Distribution Date.
Subject to Section 2.1D, except to reflect the resolution of any dispute between the Parties resolved pursuant to Section 4.1, subject to the review and reasonable comment of Parent, which comments NBH shall be required only to consider in good faith, NBH shall be permitted, and shall be permitted to allow any member of the NBH Group, to amend any Tax Return of the NBH Group for any Tax period ending on or before the Distribution Date.
NBH shall, and shall cause the NBH Group to, execute and file such consents, elections and other documents that may be required or appropriate for the proper filing of such returns and maintain such books and records and provide such information as Parent may reasonably request in connection with the matters contemplated by this Agreement.
For purposes of this Agreement, notwithstanding the provisions of Section 3.4A, all Tax liabilities arising or resulting from the Distribution (“Distribution Tax Liability”) shall be borne by the NBH Group.
Within one hundred and eighty (180) days following the Distribution Date, Parent shall notify NBH of the balance of accumulated earnings and profits on Parent’s Tax records as of the Distribution Date which are allocable to the business of any member of the NBH Group, as calculated in accordance with the appropriate provisions of the Code and the Treasury Regulations thereunder (including Section 312(h) of the Code and Treasury Regulations Section 1.312-10 or any successor regulation thereto) by Parent.
Not later than ninety (90) days following the filing of the Consolidated Return for each taxable year, Parent shall determine the aggregate amount of the Tax Attributes of the Affiliated Group that are allocable to the NBH Group as of the end of such year and shall inform NBH of such determination.