Common use of Liability for Distribution Taxes Clause in Contracts

Liability for Distribution Taxes. Although neither party has any plan or intent to effectuate a Distribution, the parties have set forth how certain Tax matters with respect to a Distribution would be handled in the event that, as a result of changed circumstances, a Distribution is pursued at some future time.

Appears in 11 contracts

Samples: Tax Sharing Agreement (Vmware, Inc.), Tax Sharing Agreement (Vmware, Inc.), Tax Sharing Agreement (Dell Technologies Inc)

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Liability for Distribution Taxes. Although neither party has any plan or intent to effectuate a Distribution, the parties have set forth how certain Tax matters with respect to a Distribution would be handled in the event that, as a result of changed circumstances, that a Distribution is pursued at some future time.

Appears in 2 contracts

Samples: Tax Sharing Agreement (Mobileye Global Inc.), Tax Sharing Agreement (Mobileye Global Inc.)

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Liability for Distribution Taxes. Although neither party has Party had any plan or intent to effectuate a DistributionDistribution as of the Effective Date, the parties Parties now anticipate that there will be a Distribution. Accordingly, the Parties have set forth how certain Tax matters with respect to a Distribution would be handled in the event that, as a result of changed circumstances, a Distribution is pursued at some future time.

Appears in 1 contract

Samples: Tax Sharing Agreement (Covisint Corp)

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