Allocation of Combined or Consolidated State Income Tax Adjustments. If there is any adjustment with respect to a Consolidated or Combined State Income Tax Return (or as previously adjusted), Controlled Co. shall be liable to Distributing Co. for the amounts set forth in this Section 2.3(b)(ii) attributable to the net amount of the adjustments in such year for Tax Items of the Controlled Group.
Appears in 8 contracts
Samples: Tax Sharing Agreement (Anc Rental Corp), Tax Sharing Agreement (Dover Downs Gaming & Entertainment Inc), Form Tax Sharing Agreement (Anc Rental Corp)
Allocation of Combined or Consolidated State Income Tax Adjustments. If there is any adjustment with respect Adjustment after the Distribution Date to a an originally filed Tax Return Consolidated or Combined State Income Tax Return (or to any such Tax Return as previously adjustedAdjusted (before or after the Distribution Date)), Controlled Co. shall be liable to Distributing Co. for the amounts set forth in this Section 2.3(b)(iiexcess (if any) attributable to the net amount of the adjustments in such year for Tax Items of the Controlled Group.of--
Appears in 1 contract
Samples: Tax Indemnification and Allocation Agreement (SCS Transportation Inc)
