Examples of Solta Group in a sentence
Parent and Solta desire to set forth their agreement on the rights and obligations of Parent, Solta and the members of the Parent Group and the Solta Group, respectively, with respect to (a) the administration and allocation of Canadian and non-Canadian Taxes, incurred in (i) Taxable periods (or portions thereof) ending on or before the IPO Date and (ii) Taxable periods (or portions thereof) beginning after the IPO Date, (b) Taxes resulting from the Separation and (c) various other Tax matters.
If a portion or all of any Tax Attribute is allocated to a member of a Combined Group pursuant to Section 5 and carried forward to a Solta Separate Tax Return, any Tax benefits arising from such carryforward shall be retained by the Solta Group.
Notwithstanding the foregoing, if any member of the Solta Group or any member of the Parent Group disputes in good faith the fact or the amount of its obligation under Section 10(a) or Section 10(b), then no payment of the amount in dispute shall be required until any such good faith dispute is resolved in accordance with Section 24 hereof; provided, however, that any amount not paid within thirty (30) Business Days of demand therefor shall bear interest as provided in Section 11.
If a member of the Solta Group is responsible for the filing of any such Tax Return under Applicable Tax Law, Parent shall, subject to the procedures set forth in Sections 4(c), 4(d) and 4(e), deliver such prepared Tax Return to Solta in advance of the applicable filing deadline.
Any amended Tax Return or claim for a Tax Refund with respect to any member of the Solta Group may be made only by the Party responsible for preparing the original Tax Return with respect to such member of the Solta Group pursuant to Section 4.
Parent shall be entitled to any Tax Refund (including any interest actually received on or in respect thereof) received by any member of the Parent Group or any member of the Solta Group, other than any Tax Refund to which Solta is entitled pursuant to Section 8(b) (or, with respect to any Solta Carried Item, Section 6).
Parent shall pay (or cause to be paid) to the proper Taxing Authority the Tax shown as due on any Tax Return for which a member of the Parent Group is responsible for filing under this Section 4, and Solta shall pay (or cause to be paid) to the proper Taxing Authority the Tax shown as due on any Tax Return for which a member of the Solta Group is responsible for filing under this Section 4.
Any and all existing Tax sharing agreements or arrangements, written or unwritten, between any member of the Parent Group, on the one hand, and any member of the Solta Group, on the other hand, if not previously terminated, shall be terminated as of the IPO Date without any further action by the Parties thereto.
If any member of the Solta Group is required to make a payment to a Taxing Authority for Taxes allocated to Parent under Section 3, Parent shall pay the amount of such Taxes to Solta in accordance with Section 10 and Section 11.
To the extent any Joint Tax Return reflects operations of the Solta Group for a Taxable period that includes the IPO Date, Parent shall include in such Joint Tax Return the results of such member of the Solta Group, as the case may be, on the basis of the Closing of the Books Method to the extent permitted by Applicable Tax Law.