No Exception to Liability. For the avoidance of doubt, notwithstanding Section 7.02(a) or Section 7.02(b), entering into a Restricted Transaction or a MVW US Restricted Transaction shall be treated as a Tainting Act for all purposes of this Agreement, and each Party shall be liable for any Additional Tax, Restructuring Tax or Distribution Tax resulting from any Restricted Transaction or MVW US Restricted Transaction in which such Party participates.
Appears in 2 contracts
Sources: Tax Sharing and Indemnification Agreement (Marriott International Inc /Md/), Tax Sharing and Indemnification Agreement (Marriott Vacations Worldwide Corp)