Common use of Allocation of Taxes for Separate Returns Clause in Contracts

Allocation of Taxes for Separate Returns. (i) WPC shall be responsible for all Taxes reported, or required to be reported, on a WPC Separate Tax Return. (ii) NLOP shall be responsible for all Taxes reported, or required to be reported, on a NLOP Separate Tax Return.

Appears in 3 contracts

Sources: Tax Matters Agreement (W. P. Carey Inc.), Tax Matters Agreement (Net Lease Office Properties), Tax Matters Agreement (Net Lease Office Properties)