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.
Appears in 2 contracts
Sources: Tax Matters Agreement (Sunrise Realty Trust, Inc.), Tax Matters Agreement (Sunrise Realty Trust, Inc.)