Common use of Combined Tax Returns Clause in Contracts

Combined Tax Returns. (a) Except as set forth in Section 3.01(b), Cousins shall prepare and file (or cause to be prepared and filed) all Combined Tax Returns (including, but not limited to, the Combined Tax Returns set forth on Schedule 3.01(a) hereto), and Cousins LP shall pay (or cause to be paid) all Taxes shown to be due and payable on such Tax Returns; provided, that New Parkway LP shall reimburse Cousins LP for any such Taxes that are New Parkway Taxes. (b) New Parkway shall prepare and file (or cause to be prepared and filed) the Combined Tax Returns set forth on Schedule 3.01(b) for the period that includes the Issuance Time; provided, that Cousins LP shall reimburse New Parkway LP for any such Taxes that are Cousins Taxes with respect to such Tax Return.

Appears in 4 contracts

Sources: Tax Matters Agreement, Tax Matters Agreement (Parkway Properties Inc), Tax Matters Agreement (Cousins Properties Inc)