Common use of No Duplication of Payment Clause in Contracts

No Duplication of Payment. Notwithstanding anything to the contrary herein, nothing in this Agreement shall require J&J or Kenvue, as the case may be, to make any payment to the extent that the payment is attributable to a Tax Attribute, Return Item or any other amount for which the applicable Party or its Affiliate has previously made a payment under this Agreement, the Separation Agreement or any of the Ancillary Agreements.

Appears in 3 contracts

Samples: Tax Matters Agreement (Kenvue Inc.), Tax Matters Agreement (Johnson & Johnson), Tax Matters Agreement (Kenvue Inc.)

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No Duplication of Payment. Notwithstanding anything to the contrary herein, nothing in this Agreement shall require J&J or Kenvue, as the case may be, to make any payment to the extent that the payment is attributable to a Tax Attribute, Return Item or any other amount for which the applicable Party or its Affiliate payment has previously been made a payment under this Agreement, the Separation Agreement or any of the Ancillary Agreements.

Appears in 1 contract

Samples: Tax Matters Agreement (Kenvue Inc.)

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