Allocation of Taxes for Joint Returns. HHH shall be responsible for all Taxes reported, or required to be reported, on any Joint Return that any member of the HHH Group files or is required to file under the Code or other applicable Tax Law; provided, however, that to the extent any such Joint Return includes any Tax Item attributable to any member of the Seaport Entertainment Group or to the Seaport Entertainment Business for any Post-Distribution Period, Seaport Entertainment shall be responsible for all Taxes attributable to such Tax Items, computed in a manner reasonably determined by HHH.
Appears in 3 contracts
Sources: Tax Matters Agreement (Howard Hughes Holdings Inc.), Tax Matters Agreement (Seaport Entertainment Group Inc.), Tax Matters Agreement (Seaport Entertainment Group Inc.)