Computation and Payment of Liability With Respect To Tax Due. Within 30 days following the earlier of (i) the due date (including extensions) for filing any such Tax Return (excluding any Tax Return with respect to payment of estimated Taxes or Taxes due with a request for extension of time to file) or (ii) the date on which such Tax Return is filed, if OFC is the Responsible Company, then Altisource shall pay to OFC the amount allocable to the Altisource Group under the provisions of Article II, and if Altisource is the Responsible Company, then OFC shall pay to Altisource the amount allocable to the OFC Group under the provisions of Article II, in each case, plus interest computed at the Base Rate on the amount of the payment based on the number of days from the earlier of (A) the due date of the Tax Return (including extensions) or (B) the date on which such Tax Return is filed to the date of payment.
Appears in 3 contracts
Sources: Tax Matters Agreement (Altisource Portfolio Solutions S.A.), Tax Matters Agreement (Ocwen Financial Corp), Tax Matters Agreement (Altisource Portfolio Solutions S.A.)
Computation and Payment of Liability With Respect To Tax Due. Within 30 days following the earlier of (i) the due date (including extensions) for filing any such Tax Return (excluding any Tax Return with respect to payment of estimated Taxes or Taxes due with a request for extension of time to file) or (ii) the date on which such Tax Return is filed, if OFC Altisource is the Responsible Company, then Residential shall pay to Altisource the amount allocable to the Residential Group under the provisions of Article II, and if Residential is the Responsible Company, then Altisource shall pay to OFC Residential the amount allocable to the Altisource Group under the provisions of Article II, and if Altisource is the Responsible Company, then OFC shall pay to Altisource the amount allocable to the OFC Group under the provisions of Article II, in each case, plus interest computed at the Base Rate on the amount of the payment based on the number of days from the earlier of (A) the due date of the Tax Return (including extensions) or (B) the date on which such Tax Return is filed to the date of payment.
Appears in 3 contracts
Sources: Tax Matters Agreement (Altisource Residential Corp), Tax Matters Agreement (Altisource Portfolio Solutions S.A.), Tax Matters Agreement (Altisource Residential Corp)
Computation and Payment of Liability With Respect To Tax Due. Within 30 days following the earlier of (i) the due date (including extensions) for filing any such Tax Return (excluding any Tax Return with respect to payment of estimated Taxes or Taxes due with a request for extension of time to file) or (ii) the date on which such Tax Return is filed, if OFC Altisource is the Responsible Company, then AAMC shall pay to Altisource the amount allocable to the AAMC Group under the provisions of Article II, and if AAMC is the Responsible Company, then Altisource shall pay to OFC AAMC the amount allocable to the Altisource Group under the provisions of Article II, and if Altisource is the Responsible Company, then OFC shall pay to Altisource the amount allocable to the OFC Group under the provisions of Article II, in each case, plus interest computed at the Base Rate on the amount of the payment based on the number of days from the earlier of (A) the due date of the Tax Return (including extensions) or (B) the date on which such Tax Return is filed to the date of payment.
Appears in 3 contracts
Sources: Tax Matters Agreement (Altisource Asset Management Corp), Tax Matters Agreement (Altisource Portfolio Solutions S.A.), Tax Matters Agreement (Altisource Asset Management Corp)
Computation and Payment of Liability With Respect To Tax Due. Within 30 days following the earlier of (i) the due date (including extensions) for filing any such Tax Return (excluding any Tax Return with respect to payment of estimated Taxes or Taxes due with a request for extension of time to file) or (ii) the date on which such Tax Return is filed, if OFC NTELOS is the Responsible Company, then Altisource Wireline shall pay to OFC NTELOS the amount allocable to the Altisource Wireline Group under the provisions of Article IISection 2, and if Altisource Wireline is the Responsible Company, then OFC NTELOS shall pay to Altisource Wireline the amount allocable to the OFC NTELOS Group under the provisions of Article IISection 2, in each case, plus interest computed at the Base Prime Rate on the amount of the payment based on the number of days from the earlier of (Ai) the due date of the Tax Return (including extensions) or (Bii) the date on which such Tax Return is filed filed, to the date of payment.
Appears in 2 contracts
Sources: Tax Matters Agreement (Ntelos Holdings Corp), Tax Matters Agreement (NTELOS Wireline One Inc.)
Computation and Payment of Liability With Respect To Tax Due. Within 30 days following the earlier of (i) the due date (including extensions) for filing any such Tax Return (excluding any Tax Return with respect to payment of estimated Taxes or Taxes due with a request for extension of time to file) or (ii) the date on which such Tax Return is filed, if OFC Brink’s is the Responsible Company, then Altisource BHS shall pay to OFC Brink’s the amount allocable to the Altisource BHS Group under the provisions of Article II, and if Altisource BHS is the Responsible Company, then OFC Brink’s shall pay to Altisource BHS the amount allocable to the OFC Brink’s Group under the provisions of Article II, in each case, plus interest computed at the Base Prime Rate on the amount of the payment based on the number of days from the earlier of (A) the due date of the Tax Return (including extensions) or (B) the date on which such Tax Return is filed to the date of payment.
Appears in 2 contracts
Sources: Tax Matters Agreement (Brinks Co), Tax Matters Agreement (Brink's Home Security Holdings, Inc.)