Separate Return Adjustments. If there is an adjustment to a separate Tax Return of Journal or a Journal Affiliate, or of Journal Spinco or a Journal Spinco Affiliate, as the case may be, that results in the inclusion in income in such Tax Return of income attributable to the other group of companies, and the recipient thereby incurs an Income Tax Detriment, Journal Spinco shall pay to Journal or Journal shall pay to Journal Spinco, as the case may be, an amount equal to such Income Tax Detriment (including any interest, penalties and additions to Tax) within thirty (30) business days after the Final Determination of such Income Tax Detriment.
Appears in 2 contracts
Sources: Tax Matters Agreement (Journal Communications Inc), Tax Matters Agreement (Scripps E W Co /De)