Common use of Retention and Payment of Tax Refunds Clause in Contracts

Retention and Payment of Tax Refunds. Except as otherwise provided in this Agreement, Rockwell shall be entitled to retain, and to receive within ten days after Actually Realized by the Rockwell Collxxx Xxx Group, the portion of all refunds or credits of Taxes for which the Rockwell Tax Group is liable pursuant to Section 2.02 or Section 3.01(a) or is treated as having paid or caused to have been paid pursuant to Section 2.02(f), and Rockwell Collxxx xxxll be entitled to retain, and to receive within ten days after Actually Realized by the Rockwell Tax Group, the portion of all refunds or credits of Taxes for which the Rockwell Collxxx Xxx Group is liable pursuant to Section 2.02 or Section 3.01(b) (including all non-Income Taxes for which Rockwell Collxxx xxxld have been liable pursuant to Section 2.02(d) had such non-Income Taxes been due and not paid) or is treated as having paid or caused to have been paid pursuant to Section 2.02(f). The amount of any refund or credit of Taxes to which Rockwell or Rockwell Collxxx xx entitled to retain or receive pursuant to the foregoing sentence shall be reduced to take account of any Taxes incurred by the Rockwell Collxxx Xxx Group, in the case of a refund or credit to which Rockwell is entitled, or the Rockwell Tax Group, in the case of a refund or credit to which Rockwell Collxxx xx entitled, upon the receipt of such refund or credit.

Retention and Payment of Tax Refunds. Except as otherwise provided in this Agreement, Rockwell Goodrich shall be entitled to retain, and or to receive within ten days after three dxxx xxxxr Actually Realized by the Rockwell Collxxx Xxx Group, the portion of all refunds or credits of Taxes for which the Rockwell Tax Group is liable pursuant to Section 2.02 or Section 3.01(a) or is treated as having paid or caused to have been paid pursuant to Section 2.02(f), and Rockwell Collxxx xxxll be entitled to retain, and to receive within ten days after Actually Realized by the Rockwell EnPro Tax Group, the portion of all refunds or credits of Taxes for which the Rockwell Collxxx Xxx Goodrich Tax Group is liable pursuant to Section 2.02 or Section 3.00(x) xr which the Goodrich Tax Group is treated as having paid or caused to be paid xxxxxxxx to Section 2.02(f), including, without limitation, all refunds or credits of Taxes resulting from the Pending Coltec Litigation. EnPro shall be entitled to retain, or to receive within three days after Actually Realized by the Goodrich Tax Group, the portion of all refunds or credits of Taxes xxx xxxch the EnPro Tax Group is liable pursuant to Section 2.02 or Section 3.01(b) (including all nonNon-Income Taxes for which Rockwell Collxxx xxxld EnPro would have been liable pursuant to Section 2.02(d) had such nonNon-Income Taxes been due and not paid) or which the EnPro Tax Group is treated as having paid or caused to have been be paid pursuant to Section 2.02(f). The amount of any refund or credit of Taxes to which Rockwell Goodrich or Rockwell Collxxx xx EnPro is entitled to retain or receive pursuant to the foregoing sentence thix Xxxxxxn 2.03(a) shall be reduced to take account of any Taxes incurred by the Rockwell Collxxx Xxx Group, in the case of a refund or credit to which Rockwell is entitled, or the Rockwell EnPro Tax Group, in the case of a refund or credit to which Rockwell Collxxx Goodrich is entitled, or the Goodrich Tax Group, in the case of a xxxxxx xr credit to which EnPxx xx entitledxxtitled, upon the receipt of such refund or credit.

Retention and Payment of Tax Refunds. Except as otherwise provided in this Agreement, Rockwell Xxxxxxxx shall be entitled to retain, and or to receive within ten days after Actually Realized by the Rockwell Collxxx Xxx Group, the portion of all refunds or credits of Taxes for which the Rockwell Tax Group is liable pursuant to Section 2.02 or Section 3.01(a) or is treated as having paid or caused to have been paid pursuant to Section 2.02(f), and Rockwell Collxxx xxxll be entitled to retain, and to receive within ten days after Actually Realized by the Rockwell EnPro Tax Group, the portion of all refunds or credits of Taxes for which the Rockwell Collxxx Xxx Xxxxxxxx Tax Group is liable pursuant to Section 2.02 or Section 3.01(a) or which the Xxxxxxxx Tax Group is treated as having paid or caused to be paid pursuant to Section 2.02(f), and EnPro shall be entitled to retain, or to receive within ten days after Actually Realized by the Xxxxxxxx Tax Group, the portion of all refunds or credits of Taxes for which the EnPro Tax Group is liable pursuant to Section 2.02 or Section 3.01(b) (including all nonNon-Income Taxes for which Rockwell Collxxx xxxld EnPro would have been liable pursuant to Section 2.02(d) had such nonNon-Income Taxes been due and not paid) or which the EnPro Tax Group is treated as having paid or caused to have been be paid pursuant to Section 2.02(f). The amount of any refund or credit of Taxes to which Rockwell Xxxxxxxx or Rockwell Collxxx xx EnPro is entitled to retain or receive pursuant to the foregoing sentence shall be reduced to take account of any Taxes incurred by the Rockwell Collxxx Xxx Group, in the case of a refund or credit to which Rockwell is entitled, or the Rockwell EnPro Tax Group, in the case of a refund or credit to which Rockwell Collxxx xx Xxxxxxxx is entitled, or the Xxxxxxxx Tax Group, in the case of a refund or credit to which EnPro is entitled, upon the receipt of such refund or credit.

Retention and Payment of Tax Refunds. Except as otherwise provided in this Agreement, Rockwell shall be entitled to retain, and to receive within ten days after Actually Realized by the Rockwell Collxxx Xxx Conexant Tax Group, the portion of all refunds or credits of Taxes for which the Rockwell Tax Group is liable pursuant to Section 2.02 or Section 3.01(a) or is treated as having paid or caused to have been paid pursuant to Section 2.02(f), and Rockwell Collxxx xxxll Conexant shall be entitled to retain, and to receive within ten days after Actually Realized by the Rockwell Tax Group, the portion of all refunds or credits of Taxes for which the Rockwell Collxxx Xxx Conexant Tax Group is liable pursuant to Section 2.02 or Section 3.01(b) (including all non-Income Taxes for which Rockwell Collxxx xxxld Conexant would have been liable pursuant to Section 2.02(d) had such non-Income Taxes been due and not paid) or is treated as having paid or caused to have been paid pursuant to Section 2.02(f). The amount of any refund or credit of Taxes to which Rockwell or Rockwell Collxxx xx Conexant is entitled to retain or receive pursuant to the foregoing sentence shall be reduced to take account of any Taxes incurred by the Rockwell Collxxx Xxx Conexant Tax Group, in the case of a refund or credit to which Rockwell is entitled, or the Rockwell Tax Group, in the case of a refund or credit to which Rockwell Collxxx xx Conexant is entitled, upon the receipt of such refund or credit.

Retention and Payment of Tax Refunds. Except as otherwise provided in this Agreement, Rockwell shall be entitled to retain, and to receive within ten days after Actually Realized by the Rockwell Collxxx Xxx Conexant Tax Group, the portion of all refunds or credits of Taxes for which the Rockwell Tax Group is liable pursuant to Section 2.02 or Section 3.01(a) or is treated as having paid or caused to have been paid pursuant to Section 2.02(f), and Rockwell Collxxx xxxll Conexant shall be entitled to retain, and to receive within ten days after Actually Realized by the Rockwell Tax Group, the portion of all refunds or credits of Taxes for which the Rockwell Collxxx Xxx Conexant Tax Group is liable pursuant to Section 2.02 or Section 3.01(b) (including all non-Income Taxes for which Rockwell Collxxx xxxld Conexant would have been liable pursuant to Section 2.02(d) had such non-Income Taxes been due and not paid) or is treated as having paid or caused to have been paid pursuant to Section 2.02(f). The amount of any refund or credit of Taxes to which Rockwell or Rockwell Collxxx xx Conexant is entitled to retain or receive pursuant to the foregoing sentence shall be reduced to take account of any Taxes incurred by the Rockwell Collxxx Xxx Conexant Tax Group, in the case of a refund or credit to which Rockwell is entitled, or the Rockwell Tax Group, in the case of a refund or credit to which Rockwell Collxxx xx entitled, upon the receipt of such refund or credit.

Retention and Payment of Tax Refunds. Except as otherwise provided in this Agreement, Rockwell Goodrich shall be entitled to retain, and or to receive within ten three days after Actually xxxxx Xctually Realized by the Rockwell Collxxx Xxx Group, the portion of all refunds or credits of Taxes for which the Rockwell Tax Group is liable pursuant to Section 2.02 or Section 3.01(a) or is treated as having paid or caused to have been paid pursuant to Section 2.02(f), and Rockwell Collxxx xxxll be entitled to retain, and to receive within ten days after Actually Realized by the Rockwell EnPro Tax Group, the portion of all refunds or credits of Taxes for which the Rockwell Collxxx Xxx Goodrich Tax Group is liable pursuant to Section 2.02 or Section 3.01(x) xx xhich the Goodrich Tax Group is treated as having paid or caused to be paid purxxxxx xx Section 2.02(f), including, without limitation, all refunds or credits of Taxes resulting from the Pending Coltec Litigation. EnPro shall be entitled to retain, or to receive within three days after Actually Realized by the Goodrich Tax Group, the portion of all refunds or credits of Taxes fox xxxxx the EnPro Tax Group is liable pursuant to Section 2.02 or Section 3.01(b) (including all nonNon-Income Taxes for which Rockwell Collxxx xxxld EnPro would have been liable pursuant to Section 2.02(d) had such nonNon-Income Taxes been due and not paid) or which the EnPro Tax Group is treated as having paid or caused to have been be paid pursuant to Section 2.02(f). The amount of any refund or credit of Taxes to which Rockwell Goodrich or Rockwell Collxxx xx EnPro is entitled to retain or receive pursuant to the foregoing sentence this Sxxxxxx 0.03(a) shall be reduced to take account of any Taxes incurred by the Rockwell Collxxx Xxx Group, in the case of a refund or credit to which Rockwell is entitled, or the Rockwell EnPro Tax Group, in the case of a refund or credit to which Rockwell Collxxx Goodrich is entitled, or the Goodrich Tax Group, in the case of a refxxx xx entitledxredit to which EnPro xx xxxxxled, upon the receipt of such refund or credit.