Common use of Pension Deductions Clause in Contracts

Pension Deductions. In the event that ▇▇▇▇▇▇▇ actually recognizes a Tax Benefit in a Post-Distribution Tax Period arising from contributions made to the EDS Pension Plan with respect to which a payment by Houston to HP Inc. is required pursuant to Section 6.03 of the Tax Matters Agreement entered into by and between Houston and Hewlett-Packard Company on October 31, 2015 and the addendums thereto, as amended through the date hereof, ▇▇▇▇▇▇▇ shall make a payment to Houston of the amount of such actually recognized Tax Benefit within 30 Business Days.

Appears in 1 contract

Sources: Tax Matters Agreement (Everett SpinCo, Inc.)

Pension Deductions. In the event that ▇▇▇▇▇▇▇ actually recognizes a Tax Benefit in a Post-Distribution Tax Period arising from contributions made to the EDS Pension Plan with respect to which a payment by Houston to HP Inc. is required pursuant to Section 6.03 of the Tax Matters Agreement entered into by and between Houston and Hewlett-Packard Company on October 31, 2015 and the addendums thereto, as amended through the date hereof, ▇▇▇▇▇▇▇ shall make a payment to Houston of the amount of such actually recognized Tax Benefit within 30 Business Days. Tax-Free Status.

Appears in 1 contract

Sources: Tax Matters Agreement (DXC Technology Co)