Common use of Reverse Timing Differences Clause in Contracts

Reverse Timing Differences. If a Tax audit proceeding or an amendment of a Tax Return results in a Reverse Timing Difference, and, such Reverse Timing Difference results in an Income Tax Detriment to the Goodrich Tax Group, then in each Post-Tax Indemnification Period i▇ ▇▇▇▇▇ the EnPro Tax Group Actually Realizes an Income Tax Benefit, EnPro shall pay to Goodrich within ten days after EnPro has Actually Realized such In▇▇▇▇ ▇▇▇ Benefit an amount equal to such Income Tax Benefit; provided, however, that the aggregate payments which EnPro shall be required to make under this Section 3.04(a)(ii) with respect to any Reverse Timing Difference shall not exceed the aggregate amount of the Income Tax Detriments suffered by the EnPro Tax Group and the Goodrich Tax Group for all Tax Indemnification Periods as a result ▇▇ ▇▇▇▇ Reverse Timing Difference.

Reverse Timing Differences. If a Tax audit proceeding or an amendment of a Tax Return results in a Reverse Timing Difference, and, such Reverse Timing Difference results in an Income Tax Detriment to the Goodrich Tax Group, then in each Post-Tax Indemnification Period i▇ ▇in w▇▇▇▇ the ▇▇▇ EnPro Tax Group Actually Realizes an Income Tax Benefit, EnPro shall pay to Goodrich within ten days after EnPro has Actually Realized such In▇Incom▇ ▇▇▇ ▇▇▇ Benefit nefit an amount equal to such Income Tax Benefit; provided, however, that the aggregate payments which EnPro shall be required to make under this Section 3.04(a)(ii) with respect to any Reverse Timing Difference shall not exceed the aggregate amount of the Income Tax Detriments suffered by the EnPro Tax Group and the Goodrich Tax Group for all Tax Indemnification Periods as a result of ▇▇▇▇ ▇▇▇▇ Reverse verse Timing Difference.

Reverse Timing Differences. If a Tax audit proceeding or an amendment of a Tax Return results in a Reverse Timing Difference, and, such Reverse Timing Difference results in an Income Tax Detriment to the Goodrich ▇▇▇▇▇▇▇▇ Tax Group, then in each Post-Tax Indemnification Period i▇ ▇▇▇▇▇ in which the EnPro Tax Group Actually Realizes an Income Tax Benefit, EnPro shall pay to Goodrich ▇▇▇▇▇▇▇▇ within ten days after EnPro has Actually Realized such In▇▇▇▇ ▇▇▇ Income Tax Benefit an amount equal to such Income Tax Benefit; provided, however, that the aggregate payments which EnPro shall be required to make under this Section 3.04(a)(ii) with respect to any Reverse Timing Difference shall not exceed the aggregate amount of the Income Tax Detriments suffered by the EnPro Tax Group and the Goodrich ▇▇▇▇▇▇▇▇ Tax Group for all Tax Indemnification Periods as a result ▇▇ ▇▇▇▇ of such Reverse Timing Difference.