Common use of Restructuring Taxes Clause in Contracts

Restructuring Taxes. Notwithstanding any statement to the contrary in this Agreement and except as otherwise provided in the Distribution Agreement, to the extent that any Taxes are found to arise out of the Reorganization, then any such Tax liability incurred by the Parties (or any of their Subsidiaries) shall be the responsibility of New D&B; provided, however, that to the extent specific cash allocations for such Taxes are made in connection with the Distribution, New D&B shall be relieved of its liability for such Taxes.

Appears in 3 contracts

Samples: Tax Allocation Agreement (Dun & Bradstreet Corp), Tax Allocation Agreement (New Dun & Bradstreet Corp), Tax Allocation Agreement (Dun & Bradstreet Corp /De/)

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Restructuring Taxes. Notwithstanding any statement to the contrary in this Agreement and except as otherwise provided in the Distribution Agreement, to the extent that any Taxes are found to arise out of the ReorganizationReorganizations, then any such Tax liability incurred by the Parties (or any of their Subsidiaries) shall be the responsibility of New D&B; provided, however, that to the extent specific cash allocations for such Taxes are made in connection with the Distribution, New D&B shall be relieved of its liability for such Taxes.D&B.

Appears in 2 contracts

Samples: Tax Allocation Agreement (Dun & Bradstreet Corp), Tax Allocation Agreement (Acnielsen Corp)

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Restructuring Taxes. Notwithstanding any statement to the contrary in this Agreement and except as otherwise provided in the Distribution Agreement, to the extent that any Taxes are found to arise out of the ReorganizationReorganizations, then any such Tax liability incurred by the Parties (or any of their Subsidiaries) shall be the responsibility of New D&B; provided, however, that to the extent specific cash allocations for such Taxes are made in connection with the Distribution, New D&B shall be relieved of its liability for such Taxes.

Appears in 1 contract

Samples: Tax Allocation Agreement (New Dun & Bradstreet Corp)

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