Examples of Weyerhaeuser Group in a sentence
Weyerhaeuser shall, and shall cause each Weyerhaeuser Subsidiary to, to the extent permitted by Law, claim any Tax deduction or credit described in this Section 2.04(a) on a Tax Return that includes as Weyerhaeuser Group member.
Each member of the Weyerhaeuser Group and the Spinco Group shall cooperate fully with all reasonable requests from the other party in connection with the preparation and filing of Tax Returns, Adjustment Requests and Tax Contests concerning issues or other matters covered by this Agreement.
Subject to Section 3.02, the Weyerhaeuser Group shall make all determinations with respect to, and have ultimate control over the preparation of, all Tax Returns, other than Transfer Tax Returns, of the Spinco Group (other than in respect of Domtar and its Subsidiaries) with respect to any Pre-Distribution Period (other than a Straddle Period).
The Spinco Group and the Weyerhaeuser Group shall cooperate in good faith to minimize Transfer Taxes and obtain any refunds, credits or offsets thereof.
The Weyerhaeuser Group shall be responsible for, and shall indemnify and hold harmless the Spinco Group from and against, Taxes arising as a result of the Transactions (i) from excess loss accounts or deferred intercompany transactions taken into account under Code Section 1502 or Treasury Regulation issued thereunder or (ii) under Code Section 361(b).
Weyerhaeuser shall not, and shall not permit any other member of the Weyerhaeuser Group to, waive or amend any confidentiality agreement between Weyerhaeuser or any other member of the Weyerhaeuser Group and any Person (other than any member of the Weyerhaeuser Group) to the extent such waiver or amendment adversely affects the confidentiality of information related to the Newco Business.
Notwithstanding the foregoing, the Spinco Group shall be liable, and shall indemnify the Weyerhaeuser Group, for Transaction Taxes to the extent provided in Section 2.02(a).
Spinco and Newco acknowledge that any and all Weyerhaeuser Insurance Policies are owned and maintained by Weyerhaeuser or any member of the Weyerhaeuser Group (and not the Newco Business) and are Excluded Assets.
In addition, with respect to each such portion, the subdivision of which shall have been accomplished by the Contribution Date, to the extent that Schedule 6.05 provides for easements and/or operating agreements to be entered into in connection with the separation of the operations described in this Section 6.05, Weyerhaeuser or the applicable member(s) of the Weyerhaeuser Group and Newco will execute and deliver such agreements on the Contribution Date.
Spinco shall not make, and shall not permit any member of the Spinco Group and, after the Effective Time, Domtar and Domtar’s Subsidiaries, to make, any claim or demand, or commence any Action asserting any claim or demand, including any claim of contribution or any indemnification, against Weyerhaeuser or any member of the Weyerhaeuser Group, or any other Person released pursuant to Section 4.01(a), with respect to any liabilities released pursuant to Section 4.01(a).