Common use of Allocation of Foreign Other Tax Clause in Contracts

Allocation of Foreign Other Tax. (i) UTC shall be responsible for any and all Foreign Other Taxes due with respect to or required to be reported on any (A) UTC Separate Return or (B) Joint Return that UTC or any member of the UTC Group is obligated to file under applicable Tax Law; (ii) Carrier shall be responsible for any and all Foreign Other Taxes due with respect to or required to be reported on any (A) Carrier Separate Return or (B) Joint Return that Carrier or any member of the Carrier Group is obligated to file under applicable Tax Law; and (iii) Otis shall be responsible for any and all Foreign Other Taxes due with respect to or required to be reported on any (A) Otis Separate Return or (B) Joint Return that ▇▇▇▇ or any member of the Otis Group is obligated to file under applicable Tax Law; in each case, including any increase in such Tax as a result of a Final Determination.

Appears in 4 contracts

Sources: Tax Matters Agreement (Otis Worldwide Corp), Tax Matters Agreement (Carrier Global Corp), Tax Matters Agreement (Otis Worldwide Corp)

Allocation of Foreign Other Tax. (i) UTC shall be responsible for any and all Foreign Other Taxes due with respect to or required to be reported on any (A) UTC Separate Return or (B) Joint Return that UTC or any member of the UTC Group is obligated to file under applicable Tax Law; (ii) Carrier shall be responsible for any and all Foreign Other Taxes due with respect to or required to be reported on any (A) Carrier Separate Return or (B) Joint Return that Carrier or any member of the Carrier Group is obligated to file under applicable Tax Law; and (iii) Otis shall be responsible for any and all Foreign Other Taxes due with respect to or required to be reported on any (A) Otis ▇▇▇▇ Separate Return or (B) Joint Return that ▇▇▇▇ or any member of the Otis ▇▇▇▇ Group is obligated to file under applicable Tax Law; in each case, including any increase in such Tax as a result of a Final Determination.

Appears in 3 contracts

Sources: Tax Matters Agreement (Raytheon Technologies Corp), Tax Matters Agreement (Otis Worldwide Corp), Tax Matters Agreement (Carrier Global Corp)