Common use of Certain Reimbursements Clause in Contracts

Certain Reimbursements. Marketing (or Realty, as the case may be) shall notify Realty (or Marketing) of any Taxes paid by the Marketing Group or any Marketing Member (or the Realty Group or any Realty Member) which are subject to indemnification under this Section 3. To the extent not otherwise provided in this Section 3, any other notification contemplated by this Section 3(c) shall include a detailed calculation (including, if applicable, separate allocations of such Taxes between Pre- and Post-Closing Taxable Periods and Pre- and Post-Closing Straddle Periods and supporting work papers) and a brief explanation of the basis for indemnification hereunder. Whenever a notification described in this Section

Appears in 2 contracts

Sources: Tax Sharing Agreement (Getty Petroleum Marketing Inc), Tax Sharing Agreement (Getty Petroleum Corp)