Common use of Estimated Tax Payments Clause in Contracts

Estimated Tax Payments. No later than two (2) business days prior to the dates specified for payment of estimated tax in Section 6655 of the Code, each Subsidiary (including the AAC Subgroup) shall pay to Parent an amount equal to the estimated Separate Subsidiary Tax liability of such Subsidiary as required by clauses 3(a)(i) and (ii).

Appears in 5 contracts

Samples: Tax Sharing Agreement, Tax Sharing Agreement (Ambac Financial Group Inc), Tax Sharing Agreement (Ambac Financial Group Inc)

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Estimated Tax Payments. No later than two (2) business days prior to the dates specified for payment of estimated tax in Section 6655 of the Code, each Subsidiary (including the AAC Subgroup) shall will pay to Parent an amount equal to the estimated Subsidiary Separate Subsidiary Tax liability of such Subsidiary as required by clauses 3(a)(i) and (ii)Subsidiary.

Appears in 1 contract

Samples: Tax Sharing Agreement (Ambac Financial Group Inc)

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