Examples of SFX Group in a sentence
Entertainment and SFX agree to permit any such public accountant full access to all appropriate records or other information in the possession of any member of the SFX Group or the Entertainment Group, as the case may be, during reasonable business hours, and to reimburse or pay directly all costs and expenses in connection with the engagement of such public accountant.
SFX agrees to indemnify and hold harmless each member of the Entertainment Group and its officers and employees, and Entertainment agrees to indemnify and hold harmless each member of the SFX Group and its officers and employees, against any cost, fine, penalty or other expense of any kind attributable to the negligence or misconduct of a member of the SFX Group or the Entertainment Group, as the case may be, in supplying a member of the other group with inaccurate or incomplete information.
If SFX is required to make a payment to a member of the Entertainment Group under this Agreement, such payment shall be made to Entertainment or any successor corporation as the parent of the Entertainment Affiliated Group, and any payment due under this Agreement from any member of the Entertainment Group to SFX shall be made by Entertainment to SFX or any successor corporation as common parent of the SFX Group.
If any member of the SFX Group or the Entertainment Group, as the case may be, fails to provide any information requested pursuant to this section, then the requesting party shall have the right to engage a public accountant of its choice to gather such information.
Entertainment agrees to indemnify and hold the SFX Group harmless from any Taxes resulting from the disallowance of a Tax Benefit which previously resulted in a payment from SFX to Entertainment under this Section 3.04(b).
Unless otherwise provided in this Agreement, the SFX Group shall pay all Other Taxes and any Income Taxes as to which consolidated, unitary or combined returns are not made (and shall be entitled to receive and retain all refunds of such Taxes) that are attributable to members of the SFX Group.
At the time this Agreement becomes effective, this Agreement shall supersede any other tax-sharing or allocation agreement or arrangement in effect between members of the SFX Group and members of the Entertainment Group prior to the date hereof.
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Entertainment and its subsidiaries have been or will be included in the consolidated Federal Income Tax returns filed by SFX, and Entertainment and certain of its subsidiaries have been or will be included with one or more members of the SFX Group in state and local unitary or combined Income Tax and franchise tax returns.
The Delsener/Xxxxxx Group and SFX Group shall bear their own costs and expenses with respect to actions taken to comply with this Agreement, except as otherwise provided in this Agreement.