Common use of Certain Elections Clause in Contracts

Certain Elections. (a) If Xxxxxxx Controls determines, in its sole discretion, that a protective election under Section 336(e) of the Code (a “Section 336(e) Election”) shall be made with respect to any Old Xxxxxxx Controls Internal Distribution, Adient shall (and shall cause the relevant member of the Adient Group to) join with Xxxxxxx Controls or the relevant member of the Xxxxxxx Controls Group in the making of such election and shall take any action reasonably requested by Xxxxxxx Controls or that is otherwise necessary to give effect to such election (including making any other related election permitted by applicable Law); provided, however, that Xxxxxxx Controls shall reimburse Adient (and any relevant member of the Adient Group) for all reasonable costs and expenses incurred by Adient (or any relevant member of the Adient Group) to amend any Tax Returns or amend or file any other governmental filings related to such Section 336(e)

Appears in 4 contracts

Samples: Tax Matters Agreement (Johnson Controls International PLC), Tax Matters Agreement (Adient PLC), Tax Matters Agreement (Adient LTD)

AutoNDA by SimpleDocs

Certain Elections. (a) If Xxxxxxx Controls determines, in its sole discretion, that a protective election under Section 336(e) of the Code (a “Section 336(e) Election”) shall be made with respect to any Old Xxxxxxx Controls Internal Distribution, Adient shall (and shall cause the relevant member of the Adient Group to) join with Xxxxxxx Controls or the relevant member of the Xxxxxxx Controls Group in the making of such election and shall take any action reasonably requested by Xxxxxxx Controls or that is otherwise necessary to give effect to such election (including making any other oth- er related election permitted by applicable Law); provided, however, that Xxxxxxx Controls shall reimburse Adient (and any relevant member of the Adient Group) for all reasonable costs and expenses incurred by Adient (or any relevant member of the Adient Group) to amend any Tax Returns or amend or file any other governmental filings related to such Section 336(e)

Appears in 1 contract

Samples: Tax Matters Agreement (Adient LTD)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.