Allocation of Tax Relating to Separate Returns. (i) bluebird shall be responsible for any and all Taxes for (A) Complete Pre-Distribution Periods due with respect to or required to be reported on any 2seventy Separate Return and (B) all Tax Periods due with respect to or required to be reported on any bluebird Separate Return (including, in each case, any increase in such Tax as a result of a Final Determination). (ii) 2seventy shall be responsible for any and all Taxes due with respect to or required to be reported on any 2seventy Separate Return for (A) Pre-Distribution Periods (other than Complete Pre-Distribution Periods) and (B) Post-Distribution Periods (including, in each case, any increase in such Tax as a result of a Final Determination).
Appears in 3 contracts
Sources: Tax Matters Agreement (2seventy Bio, Inc.), Tax Matters Agreement (Bluebird Bio, Inc.), Tax Matters Agreement (2seventy Bio, Inc.)