Foreign Exchange Rate. If any amount required to be paid hereunder is determined by reference to a Tax, Tax refund, Tax Benefit or Tax Detriment that is denominated in a currency other than United States dollars, such payment shall be made in United States dollars and the amount thereof shall be computed using the Foreign Exchange Rate for such currency determined as of the date that such Tax is paid, such Tax refund is received or such Tax Benefit or Tax Detriment reduces or increases the amount of Tax or Tax refund that would otherwise be paid or received.
Appears in 5 contracts
Samples: Tax Sharing Agreement (Sealed Air Corp/De), Tax Sharing Agreement (W R Grace & Co), Form of Tax Sharing Agreement (Wr Grace & Co/De)
