Common use of Allocation of Taxes for Separate Returns Clause in Contracts

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.

Appears in 2 contracts

Sources: Tax Matters Agreement (LENSAR, Inc.), Tax Matters Agreement (LENSAR, Inc.)

Allocation of Taxes for Separate Returns. (i) 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.

Appears in 1 contract

Sources: Tax Matters Agreement (PDL Biopharma, Inc.)