Allocation of Taxes for Separate Returns Sample Clauses
The "Allocation of Taxes for Separate Returns" clause defines how tax liabilities and benefits are divided between parties who file their tax returns separately rather than jointly. Typically, this clause outlines the method for determining each party's share of taxes owed or refunds received, often based on income, deductions, or other relevant factors. By establishing clear rules for tax allocation, the clause helps prevent disputes and ensures that each party is responsible only for their fair portion of tax obligations.
Allocation of Taxes for Separate Returns. (i) TFMC shall be responsible for all Taxes reported, or required to be reported, on a TFMC Separate Return.
(ii) TEN shall be responsible for all Taxes reported, or required to be reported, on a TEN Separate Return.
Allocation of Taxes for Separate Returns. (i) WPC shall be responsible for all Taxes reported, or required to be reported, on a WPC Separate Tax Return.
(ii) NLOP shall be responsible for all Taxes reported, or required to be reported, on a NLOP Separate Tax Return.
Allocation of Taxes for Separate Returns. (i) HHH shall be responsible for all Taxes reported, or required to be reported, on (A) a Seaport Entertainment Separate Return with respect to a Pre-Distribution Period or (B) an HHH Separate Return.
(ii) Except as otherwise provided in Section 2.2(b)(i) of this Agreement, Seaport Entertainment shall be responsible for all Taxes reported, or required to be reported, on a Seaport Entertainment Separate Return.
Allocation of Taxes for Separate Returns. (i) Aptiv shall be responsible for all Taxes reported, or required to be reported, on an Aptiv Separate Return.
(ii) Delphi Technologies shall be responsible for all Taxes reported, or required to be reported, on a Delphi Technologies Separate Return.
Allocation of Taxes for Separate Returns. (i) Except as otherwise provided in Section 2.2(c), New Worthington shall be responsible for all Taxes reported, or required to be reported, on (A) a New Worthington Separate Return or (B) a Worthington Steel Separate Domestic Income Return that relates solely to any Tax Period ending on or before the Distribution Date.
(ii) Except as otherwise provided in Section 2.2(b)(i) or Section 2.2(c), Worthington Steel shall be responsible for all Taxes reported, or required to be reported, on a Worthington Steel Separate Return.
Allocation of Taxes for Separate Returns. (i) Citrix shall be responsible for all Taxes reported, or required to be reported, on (x) a Citrix Separate Return or (y) a SpinCo Separate Return with respect to a Pre-Distribution Period, in each case including any increase in such Tax as a result of a Final Determination.
(ii) SpinCo shall be responsible for all Taxes reported, or required to be reported, on a SpinCo Separate Return with respect to a Post-Distribution Period, including any increase in such Tax as a result of a Final Determination.
Allocation of Taxes for Separate Returns. (i) PDL shall be responsible for all Taxes reported, or required to be reported, on a PDL Separate Return.
(ii) LENSAR shall be responsible for all Taxes reported, or required to be reported, on a LENSAR Separate Return.
Allocation of Taxes for Separate Returns. (i) AFC Gamma shall be responsible for payment of all Taxes reported, or required to be reported, on (A) a AFC Gamma Separate Return or (B) a SUNS Separate Return with respect to a Pre-Distribution Period.
(ii) SUNS shall be responsible for payment of all Taxes reported, or required to be reported, on a SUNS Separate Return with respect to a Post-Distribution Period.
Allocation of Taxes for Separate Returns. (i) DDR shall be responsible for all Taxes reported, or required to be reported, on (x) a DDR Separate Return or (y) an RVI Separate Return with respect to a Pre-Distribution Period.
(ii) RVI shall be responsible for all Taxes reported, or required to be reported, on an RVI Separate Return with respect to a Post-Distribution Period.
Allocation of Taxes for Separate Returns. (i) Colfax shall be responsible for all Taxes reported, or required to be reported, on a Colfax Separate Return.
(ii) ESAB shall be responsible for all Taxes reported, or required to be reported, on an ESAB Separate Return.