Common use of Alternative Minimum Tax Clause in Contracts

Alternative Minimum Tax. Notwithstanding the provisions of Sections 2.2 and 2.3 of this Agreement, in the event that the Group must pay the federal alternative minimum tax pursuant to Code Section 55, SubGroup will be charged by the Parent with its separate share of the total alternative minimum tax liability of the Group that reflects the alternative minimum taxable income resulting from the federal alternative minimum tax attributes of SubGroup based upon the Separate Alternative Minimum Taxable Income calculated for SubGroup.