CHANGES IN TAX LIABILITY. (a) If with respect to any taxable year (i) the Group files an amended Consolidated Return reporting a consolidated tax liability different from the Group Tax Liability, (ii) the Group Tax Liability or any Member’s tax liability is adjusted and such adjustment is a part of a final “determination” as the term is defined in section 1313(a) of the Code or similar provisions of applicable law, or (iii) the Group is assessed and pays income taxes in excess of the Group Tax Liability by reason of any of the events specified in section 6213(b) or (d) of the Code or similar provisions of applicable law, then the amounts of the payments required under paragraph 3 shall be recomputed, subject to the limitations of subparagraph (c) of this paragraph 4, to give effect to such amended return, adjustment or assessment, as the case may be. Each Member shall then pay to Parent, or Parent shall then pay to each Member, as the case may be, any difference between the amounts determined by such recomputation and the amounts previously paid. Such payments shall be made no later than (i) where an additional payment of tax by the Group is due as a result of such amended return, adjustment or assessment, the later of (a) forty-five (45) days after the date of which such additional payment of tax is due and (b) forty-five (45) days after the date on which Parent notifies a Member of the amount of payment due from such Member pursuant to this subparagraph (a); or (ii) where the Group receives a refund arising from such amended return or adjustment, forty-five (45) days after the receipt of such refund.
CHANGES IN TAX LIABILITY. (i) If the Argyle TV Group Tax Liability is changed as the result of any administrative settlement or final determination which is not litigated by Group or in a final judicial determination, then the amount of payment required from Argyle TV to Parent pursuant to paragraph 2(a) shall be recomputed by substituting the amount of the Argyle TV Group Tax Liability after the adjustments described above in place of the Argyle TV Group Tax Liability as previously computed. Not later than ten days after such final determination, Argyle TV shall pay to Parent or Parent shall pay to Argyle TV, as the case may be, the difference between the new Argyle TV Group Tax Liability, including any interest or penalties imposed in respect of the new Argyle TV Group tax liabilities and the amounts previously paid. The parties recognize that such new liability is not necessarily Argyle TV's final liability for that year and may be recomputed more than once.
CHANGES IN TAX LIABILITY. (a) If the Subsidiary Tax Liability of Subsidiary is changed as the result of any final administrative or judicial determination (including a final "
CHANGES IN TAX LIABILITY a. If any of the Holdings Group consolidated federal income tax returns for taxable years of Holdings ending on or after January 1, 1997 is changed or otherwise adjusted (including, without limitation, by reason of the filing of an amended return, a "final determination" as defined in Section 1313(a) of the Code or any of the events specified in Section 6213(b) or (d) of the Code), then the amount of the events specified in Section 6213(b) or (d) of the Code), then the amount of the payment required (1) from ISP to Holdings under paragraph 2(b) or (2) from Holdings to ISP under paragraph 2(d), as the case may be, shall be recomputed by substituting the amount of the Holdings Group Actual Tax Liability (or the Holdings Group actual consolidated federal taxable income), the ISP Group Tax Liability (or the ISP Group hypothetical consolidated federal taxable income), or the ISP Group Tax Refund after the adjustments described above in place of the Holdings Group Actual Tax Liability (or the Holdings Group actual consolidated federal taxable income), the ISP Group Tax Liability (or the ISP Group hypothetical consolidated federal taxable income), or the ISP Group Tax Refund as previously computed. Not later than (i) five (5) days prior to the due date for any additional payment of tax by the Holdings Group or five (5) days after the receipt of a refund or (ii) five (5) days after the event giving rise to the recomputation if such event will not result in the payment of additional tax or the receipt of a refund, ISP shall pay to Holdings, or Holdings shall pay to ISP, as the case may be, the difference between the new ISP Group Tax Liability (or Refund) and the amounts previously paid. The parties recognize that such new liability (or Refund) for any taxable year is not necessarily the Holdings Group's or the ISP Group's final liability for that taxable year, and may be recomputed in accordance with this paragraph 3(a) more than once.
CHANGES IN TAX LIABILITY. In the event that the state of California enacts legislation to conform state law to federal law in treating Contributions as taxable income to the Utility, the Utility may increase the amount it collects from the Contributor to include its estimate of the tax resulting therefrom. In the event that any such legislation is applied on a retroactive basis, the Utility may collect such tax for the retroactive period through general rates or surcharges. The Utility shall inform Applicant of the final cost of the installation of all services and the resulting ITCC thereon.
CHANGES IN TAX LIABILITY. (a) If the AHI Group Tax Liability is changed as the result of the filing of an amended Consolidated Return or of any final administrative or judicial determination (including a final "
CHANGES IN TAX LIABILITY. (a) Parent shall be solely responsible for, and shall hold TNT Holding harmless from loss or expense in respect of, any Taxes owing in respect of (i) any consolidated federal income tax return that includes Parent, (ii) any Unitary Return that includes Parent and is not a Post-Closing Unitary Return, and (iii) any state, local, or foreign income or similar tax return of Parent or a Subsidiary, to the extent that such Taxes arise from income earned on or prior to the Closing Date, which shall be determined by a closing of the books as of the close of business on the Closing Date.
CHANGES IN TAX LIABILITY a. For any given Consolidated Return Year, each Subsidiary shall pay to Parent, and Parent shall refund to each Subsidiary, an amount equal to the excess of a Revised Tax Liability over the amounts previously paid for such taxable year by the relevant party (as the context may require). The parties recognize that the Revised Tax Liability for any taxable year is not necessarily the Parent's or a Subsidiary's final tax liability for that taxable year, and may be recomputed in accordance with this Section 5(a) more than once.
CHANGES IN TAX LIABILITY. (a) If the Member Tax Liability of a Subsidiary Member is changed as the result of any final administrative or judicial determination (including a final “determination” as defined in Section 1313(a) of the Code) with respect to consolidated Federal income tax returns actually filed by the Group, then the amount of the payments required from such Subsidiary Member to Parent under Section 3(b) or the amount of the payment required from Parent to such Subsidiary Member under Section 3(d)(i), as the case may be, shall be recomputed by substituting the amount of such Subsidiary Member’s Member Tax Liability (or Member Tax Refund) after the adjustments described above in place of such Subsidiary Member’s Member Tax Liability (or Member Tax Refund), provided that the principles of Section 1(b)(iii) shall be applied in connection with such recomputation notwithstanding any contrary determination. If such final determination results in an increase in such Subsidiary Member’s Member Tax Liability, such Subsidiary Member shall pay to Parent not later than five days after such final determination an amount equal to the excess of the new Member Tax Liability of such Subsidiary Member over the amount previously paid to Parent by such Subsidiary Member. If such final determination results in a Member Tax Refund or increases the amount of a Member Tax Refund for such Subsidiary Member, Parent shall pay to such Subsidiary Member not later than five days after receiving such refund an amount equal to the excess of the new Member Tax Refund of such Subsidiary Member over the amount previously paid to such Subsidiary Member by Parent. The parties recognize that such new liability (or refund) for any taxable year is not necessarily such Subsidiary’s final liability (or refund) for that year, and may be recomputed more than once.
CHANGES IN TAX LIABILITY. If (i) the Group Tax Liability is changed and either of such changes is part of a settlement agreement with the Internal Revenue Service or a final "determination" (as that term is defined in Section 1313(a) of the Code), or (ii) the Affiliated Group otherwise pays tax in excess of the Group Tax Liability, then the amount of the payments that each Member shall make to Newco under paragraph 4(a) or the amount of the payment required from Newco to the Member under paragraph 4(b), as the case may be, shall be recomputed by substituting in place of the Group Tax Liability and each Member's Separate Tax Amount the amount of the Group's recomputed tax liability ("Group's Recomputed Tax Liability") or the Member's recomputed tax liability ("Member's Recomputed Tax Liability") after making the adjustments described above. Not later than
