Penalties and Interest. Any penalties or interest imposed in connection with any Taxes described in Section 2.02(a), (b) or (c) shall be the responsibility of the Company that is responsible for the underlying Tax, unless such penalties or interest are the result of an action or failure to act by the other Company or any of its Affiliates.
Appears in 5 contracts
Sources: Tax Matters Agreement (Adient PLC), Tax Matters Agreement (Adient LTD), Tax Matters Agreement (Johnson Controls International PLC)