Common use of Redetermination Amounts Clause in Contracts

Redetermination Amounts. For any Pre-Deconsolidation Period or Straddle Period, in the event of a redetermination of any Tax Item of any member of a Consolidated Group or Combined Group as a result of a Final Determination, the filing of a Tax refund claim or the filing of an amended Tax Return pursuant to which Taxes are paid to a Tax Authority or a refund of Taxes is received from a Tax Authority, MAG shall prepare, in accordance with the principles and procedures set forth in this Section 4, revised Pro Forma MercFuel Group Consolidated Returns, revised Pro Forma MercFuel Group Combined Returns and/or revised Pro Forma MercFuel Group Non-Federal Separate Returns, as appropriate, to reflect the redetermination of such Tax Item as a result of such Final Determination, filing of a Tax refund claim or filing of an amended Tax Return. Following the preparation of such revised pro forma tax returns, MercFuel's payment obligations under Sections 4.2, 4.3 and 4.4 hereof shall be redetermined to reflect MercFuel's Tax liability pursuant to the revised Pro Forma MercFuel Group Consolidated Returns, revised Pro Forma MercFuel Group Combined Returns and/or revised Pro Forma MercFuel Group Non-Federal Separate Returns prepared pursuant to this Section 4.8. MercFuel shall pay to MAG the amount by which the Tax liability reflected on the revised Pro Forma MercFuel Group Consolidated Returns, revised Pro Forma MercFuel Group Combined Returns and/or revised Pro Forma MercFuel Group Non-Federal Separate Returns exceeds the Tax liability reflected on the original Pro Forma MercFuel Group Consolidated Returns, original Pro Forma MercFuel Group Combined Returns and/or original Pro Forma MercFuel Group Non-Federal Separate Returns, and MAG shall pay to MercFuel the amount by which the Tax liability reflected on the original Pro Forma MercFuel Group Consolidated Returns, original Pro Forma MercFuel Group Combined Returns and/or original Pro Forma MercFuel Group Non-Federal Separate Returns exceeds the Tax liability reflected on the revised Pro Forma MercFuel Group Consolidated Returns, revised Pro Forma MercFuel Group Combined Returns and or revised Pro Forma MercFuel Group Non-Federal Separate Returns.

Appears in 1 contract

Samples: Sharing and Indemnification Agreement (Mercfuel Inc)

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Redetermination Amounts. For any Pre-Deconsolidation Period or Straddle PeriodPeriod beginning after December 31, 1999, in the event of a redetermination of any Tax Item of any member of a Consolidated Group or Combined Group as a result of a Final Determination, the filing of a Tax refund claim or the filing of an amended Tax Return pursuant to which Taxes are paid to a Tax Authority or a refund of Taxes is received from a Tax Authority, MAG Eaton shall prepare, in accordance with the principles and procedures set forth in this Section 4, revised Pro Forma MercFuel Axcelis Technologies Group Consolidated Returns, revised Pro Forma MercFuel Axcelis Technologies Group Combined Returns and/or revised Pro Forma MercFuel Axcelis Technologies Group Non-Federal Separate Returns, as appropriate, to reflect the redetermination of such Tax Item as a result of such Final Determination, filing of a Tax refund claim or filing of an amended Tax Return. Following the preparation of such revised pro forma tax returns, MercFuelAxcelis Technologies's payment obligations under Sections 4.24.1, 4.2 and 4.3 and 4.4 hereof shall be redetermined to reflect MercFuelAxcelis Technologies's Tax liability pursuant to the revised Pro Forma MercFuel Axcelis Technologies Group Consolidated Returns, revised Pro Forma MercFuel Axcelis Technologies Group Combined Returns and/or revised Pro Forma MercFuel Axcelis Technologies Group Non-Federal Separate Returns prepared pursuant to this Section 4.84.7. MercFuel Axcelis Technologies shall pay to MAG Eaton the amount by which the Tax liability reflected on the revised Pro Forma MercFuel Axcelis Technologies Group Consolidated Returns, revised Pro Forma MercFuel Axcelis Technologies Group Combined Returns and/or revised Pro Forma MercFuel Axcelis Technologies Group Non-Federal Separate Returns exceeds the Tax liability reflected on the original Pro Forma MercFuel Axcelis Technologies Group Consolidated Returns, original Pro Forma MercFuel Axcelis Technologies Group Combined Returns and/or original Pro Forma MercFuel Axcelis Technologies Group Non-Federal Separate Returns, and MAG Eaton shall pay to MercFuel Axcelis Technologies the amount by which the Tax liability reflected on the original Pro Forma MercFuel Axcelis Technologies Group Consolidated Returns, original Pro Forma MercFuel Axcelis Technologies Group Combined Returns and/or original Pro Forma MercFuel Axcelis Technologies Group Non-Federal Separate Returns exceeds the Tax liability reflected on the revised Pro Forma MercFuel Axcelis Technologies Group Consolidated Returns, revised Pro Forma MercFuel Axcelis Technologies Group Combined Returns and or revised Pro Forma MercFuel Axcelis Technologies Group Non-Federal Separate Returns.

Appears in 1 contract

Samples: Sharing and Indemnification Agreement (Axcelis Technologies Inc)

Redetermination Amounts. For any Pre-Deconsolidation Period or Straddle Period, in the event of a redetermination of any Tax Item of any member of a Consolidated Group or Combined Group as a result of a Final Determination, the filing of a Tax refund claim or the filing of an amended Tax Return pursuant to which Taxes are paid to a Tax Authority or a refund of Taxes is received from a Tax Authority, MAG MRV shall prepare, in accordance with the principles and procedures set forth in this Section 4, revised Pro Forma MercFuel Luminent Group Consolidated Returns, revised Pro Forma MercFuel Luminent Group Combined Returns and/or revised Pro Forma MercFuel Luminent Group Non-Federal Separate Returns, as appropriate, to reflect the redetermination of such Tax Item as a result of such Final Determination, filing of a Tax refund claim or filing of an amended Tax Return. Following the preparation of such revised pro forma tax returns, MercFuelLuminent's payment obligations under Sections 4.2, 4.3 and 4.4 hereof shall be redetermined to reflect MercFuelLuminent's Tax liability pursuant to the revised Pro Forma MercFuel Luminent Group Consolidated Returns, revised Pro Forma MercFuel Luminent Group Combined Returns and/or revised Pro Forma MercFuel Luminent Group Non-Federal Separate Returns prepared pursuant to this Section 4.8. MercFuel Luminent shall pay to MAG MRV the amount by which the Tax liability reflected on the revised Pro Forma MercFuel Luminent Group Consolidated Returns, revised Pro Forma MercFuel Luminent Group Combined Returns and/or revised Pro Forma MercFuel Luminent Group Non-Federal Separate Returns exceeds the Tax liability reflected on the original Pro Forma MercFuel Luminent Group Consolidated Returns, original Pro Forma MercFuel Luminent Group Combined Returns and/or original Pro Forma MercFuel Luminent Group Non-Federal Separate Returns, and MAG MRV shall pay to MercFuel Luminent the amount by which the Tax liability reflected on the original Pro Forma MercFuel Luminent Group Consolidated Returns, original Pro Forma MercFuel Luminent Group Combined Returns and/or original Pro Forma MercFuel Luminent Group Non-Federal Separate Returns exceeds the Tax liability reflected on the revised Pro Forma MercFuel Luminent Group Consolidated Returns, revised Pro Forma MercFuel Luminent Group Combined Returns and or revised Pro Forma MercFuel Luminent Group Non-Federal Separate Returns.

Appears in 1 contract

Samples: Sharing and Indemnification Agreement (Luminent Inc)

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Redetermination Amounts. For any Pre-Deconsolidation Period or Straddle Tax Period, in the event of a redetermination of any Tax Item of any member of a Consolidated Group or Combined Group as a result of a Final Determination, the filing of a Tax refund claim or the filing of an amended Tax Return pursuant to which Taxes are paid to a Tax Authority or a refund of Taxes is received from a Tax Authority, MAG MRV shall prepare, in accordance with the principles and procedures set forth in this Section 4, revised Pro Forma MercFuel Optical Access Group Consolidated Returns, revised Pro Forma MercFuel Optical Access Group Combined Returns and/or revised Pro Forma MercFuel Optical Access Group Non-Federal Separate Returns, as appropriate, to reflect the redetermination of such Tax Item as a result of such Final Determination, filing of a Tax refund claim or filing of an amended Tax Return. Following the preparation of such revised pro forma tax returns, MercFuelOptical Access's payment obligations under Sections 4.2, 4.3 and 4.4 hereof shall be redetermined to reflect MercFuelOptical Access's Tax liability pursuant to the revised Pro Forma MercFuel Optical Access Group Consolidated Returns, revised Pro Forma MercFuel Optical Access Group Combined Returns and/or revised Pro Forma MercFuel Optical Access Group Non-Federal Separate Returns prepared pursuant to this Section 4.8. MercFuel Optical Access shall pay to MAG MRV the amount by which the Tax liability reflected on the revised Pro Forma MercFuel Optical Access Group Consolidated Returns, revised Pro Forma MercFuel Optical Access Group Combined Returns and/or revised Pro Forma MercFuel Optical Access Group Non-Federal Separate Returns exceeds the Tax liability reflected on the original Pro Forma MercFuel Optical Access Group Consolidated Returns, original Pro Forma MercFuel Optical Access Group Combined Returns and/or original Pro Forma MercFuel Optical Access Group Non-Federal Separate Returns, and MAG MRV shall pay to MercFuel Optical Access the amount by which the Tax liability reflected on the original Pro Forma MercFuel Optical Access Group Consolidated Returns, original Pro Forma MercFuel Optical Access Group Combined Returns and/or original Pro Forma MercFuel Optical Access Group Non-Federal Separate Returns exceeds the Tax liability reflected on the revised Pro Forma MercFuel Optical Access Group Consolidated Returns, revised Pro Forma MercFuel Optical Access Group Combined Returns and or revised Pro Forma MercFuel Optical Access Group Non-Federal Separate Returns.

Appears in 1 contract

Samples: Sharing and Indemnification Agreement (Optical Access Inc)

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