Common use of Special Rule for 2013 Brazilian Taxes and Refunds Clause in Contracts

Special Rule for 2013 Brazilian Taxes and Refunds. Notwithstanding any other provision of this Agreement, any additional Tax due to any Tax Authority in Brazil with respect to the 2013 Tax Year shall be the responsibility of Paragon, and Paragon shall reimburse Noble for any such Taxes paid by the Noble Group to any Tax Authority in Brazil. Likewise, and notwithstanding any other provision of this Agreement, Paragon shall be entitled to any refund of Taxes previously paid by the Noble Group or the Paragon Group to any Tax Authority in Brazil with respect to the 2013 Tax Year, and Noble shall remit to Paragon any such refund received by the Noble Group.

Appears in 4 contracts

Samples: Tax Sharing Agreement (Noble Corp), Tax Sharing Agreement (Paragon Offshore PLC), Tax Sharing Agreement (Paragon Offshore Ltd.)

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