Examples of Scripps Group in a sentence
Scripps agrees that it intends to maintain the status of the Scripps Businesses as an active trade or business as defined in Section 355(b)(2) of the Code and the Treasury Regulations promulgated thereunder that is part of, or treated as part of the Scripps Group for U.S. federal income Tax purposes.
Scripps agrees to indemnify and hold Scripps Spinco and Scripps Spinco Affiliates harmless against U.S. federal income tax liabilities in respect of members of the Scripps Group (other than members of the Scripps Spinco Group) under Treasury Regulation Section 1.1502-6.
Scripps shall be responsible for, and shall indemnify and hold Scripps Spinco and the Scripps Spinco Affiliates harmless against all U.S. federal income Tax liabilities in respect of members of the Scripps Group (other than members of the Scripps Spinco Group) under Treasury Regulations Section 1.1502-6.
Scripps shall be responsible for, and shall indemnify and hold Scripps Spinco and the Scripps Spinco Affiliates harmless against all Combined Return Tax liabilities in respect of members of the Scripps Group; provided, however, that Scripps Spinco shall be liable for and shall pay Scripps the Scripps Spinco Group State Tax Liability for each Combined Return for all taxable years ending on, before or including the Distribution Date.
If Scripps files a Section 6.02 Claim, Scripps Spinco shall indemnify Scripps for any additional Taxes or loss of Tax benefits incurred by a member of the Scripps Group (including interest, penalties and additions to Tax), other than a member of the Scripps Spinco Group, arising from such claim.
The Parties shall determine the amounts of income, gain, loss, deduction, and Credit of the Scripps Spinco Group for the 2015 Taxable Year that are properly includable in the Scripps Consolidated Return for the taxable year of the Scripps Group beginning on January 1, 2015.
Contractual PenaltiesWe will pay contractual penalties imposed by written contract between you and your customers.
Scripps or a member of the Scripps Group or Newco or a member of the Newco Group, as appropriate, may withhold or cause to be withheld from any amounts payable under this Section 7.03(a) all required federal, state, local and other taxes (and shall have the right, in its sole discretion, to require the holder to pay or provide for payment of the required tax withholding).
No provision of this Agreement or the MTA shall be construed to create any right, or accelerate entitlement, to any compensation or benefit whatsoever on the part of any Scripps Employee, Journal Employee or Newco Employee or other future, present, or former employee of any member of the Scripps Group or Newco Group under any Benefit Plan or otherwise.
Scripps shall pay Scripps Spinco for Excess Scripps Group Benefits, if any, for any such year if the Adjusted Separate Scripps Spinco Group Federal Tax Liability for such year is zero.