Common use of Proposed Adjustments Clause in Contracts

Proposed Adjustments. New U S WEST shall notify U S WEST of any Adjustment to a Combined Return within ten (10) business days after receipt of notification of such Adjustment from the applicable state Tax Authority. New U S WEST shall include in its notice to U S WEST a copy of the notification received from such Tax Authority.

Proposed Adjustments. New U S WEST shall notify U S WEST of any Adjustment to a Combined Return the U S WEST Consolidated Group Tax Returns within ten (10) business days after receipt of notification of such Adjustment from the applicable state Tax AuthorityIRS. New U S WEST shall include in its notice to U S WEST a copy of the notification received from such Tax Authoritythe IRS.