Comcast Transaction Sample Clauses

Comcast Transaction. (a) The Companies hereby acknowledge and agree that the Transactions are not part of a “plan (or series of related transactions)” (within the meaning of Section 355(e) of the Code) with the Comcast Transactions. (b) Notwithstanding Section 3.07(a): (i) TWX shall be liable, and shall indemnify Cable, for any Taxes (including any liability pursuant to the provisions of this Agreement pertaining to Ordinary Taxes (other than this Section 3.07)) (A) paid by Cable in connection with the Comcast Transactions or (B) for which Cable is liable under the Comcast Tax Matters Agreement, but in each case only to the extent that such Taxes result from any act or failure to act by TWX or its Affiliates in connection with the Transactions; and (ii) Cable shall be liable, and shall indemnify TWX, for any Taxes paid by TWX in connection with the Comcast Transactions other than Taxes for which Cable is indemnified under Section 3.07(b)(i).