Common use of NON-LINE OF BUSINESS ADJUSTMENTS Clause in Contracts

NON-LINE OF BUSINESS ADJUSTMENTS. (a) Lucent shall be liable for, and shall indemnify and hold harmless, as appropriate, any member of the AT&T Services Group and/or the NCR Group against Lucent's share, as determined in Section 2.4(d) below, of any Non-Line of Business Adjustment the amount of which increases a Tax for any Taxable period or portion of a Taxable period ending or deemed to end on or before the Distribution Date, in each case with respect to any Return of any member of the Lucent Group, the AT&T Services Group or the NCR Group. Lucent shall be entitled to receive, and shall be paid (i) by AT&T, Lucent's share, as determined in Section 2.4(d) below, of any Non-Line of Business Adjustment the amount of which decreases a Tax for any Taxable period or portion of a Taxable period ending or deemed to end on or before the Distribution Date with respect to any Return of any member of the AT&T Services Group; and/or (ii) by NCR, Lucent's share, as determined in Section 2.4(d) below, of any Non-Line of Business Adjustment the amount of which decreases a Tax for any Taxable period or portion of a Taxable period ending or deemed to end on or before the Distribution Date with respect to any Return of any member of the NCR Group.

Appears in 2 contracts

Samples: Tax Sharing Agreement (At&t Corp), Tax Sharing Agreement (At&t Corp)

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NON-LINE OF BUSINESS ADJUSTMENTS. (a) Lucent RCN shall be liable for, and shall indemnify and hold harmless, as appropriate, any member of the AT&T Services C-TEC Group and/or the NCR or Cable Michigan Group against LucentRCN's share, as determined in Section 2.4(d2.3(d) below, of any Non-Line of Business Adjustment the amount of which increases a Tax for any Taxable period or portion of a Taxable period ending or deemed to end on or before the Distribution Date, in each case ; with respect to any Return of any member of the Lucent RCN Group, the AT&T Services C-TEC Group or the NCR Cable Michigan Group. Lucent RCN shall be entitled to receive, and shall be paid (i) by AT&TC-TEC, LucentRCN's share, as determined in Section 2.4(d2.3(d) below, of any Non-Line of Business Adjustment the amount of which decreases a Tax for any Taxable period or portion of a Taxable period ending or deemed to end on or before the Distribution Date with respect to any Return of any member of the AT&T Services C-TEC Group; and/or (ii) by NCRCable Michigan, LucentRCN's share, as determined in Section 2.4(d2.3(d) below, of any Non-Line of Business Adjustment the amount of which decreases a Tax for any Taxable period or portion of a Taxable period ending or deemed to end on or before the Distribution Date with respect to any Return of any member of the NCR Cable Michigan Group.

Appears in 2 contracts

Samples: Tax Sharing Agreement (RCN Corp /De/), Tax Sharing Agreement (Cable Michigan Inc)

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NON-LINE OF BUSINESS ADJUSTMENTS. (a) Lucent RCN shall be liable for, and shall indemnify and hold harmless, as appropriate, any member of the AT&T Services C-TEC Group and/or the NCR or Cable Michigan Group against LucentRCN's share, as determined in Section 2.4(d2.03(d) below, of any Non-Line of Business Adjustment the amount of which increases a Tax for any Taxable period or portion of a Taxable period ending or deemed to end on or before the Distribution Date, in each case ; with respect to any Return of any member of the Lucent RCN Group, the AT&T Services C-TEC Group or the NCR Cable Michigan Group. Lucent RCN shall be entitled to receive, and shall be paid (i) by AT&TC-TEC, LucentRCN's share, as determined in Section 2.4(d2.03(d) below, of any Non-Line of Business Adjustment the amount of which decreases a Tax for any Taxable period or portion of a Taxable period ending or deemed to end on or before the Distribution Date with respect to any Return of any member of the AT&T Services C-TEC Group; and/or (ii) by NCRCable Michigan, LucentRCN's share, as determined in Section 2.4(d2.03(d) below, of any Non-Line of Business Adjustment the amount of which decreases a Tax for any Taxable period or portion of a Taxable period ending or deemed to end on or before the Distribution Date with respect to any Return of any member of the NCR Cable Michigan Group.

Appears in 1 contract

Samples: Tax Sharing Agreement (C Tec Corp)

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