Common use of SpinCo Liability Clause in Contracts

SpinCo Liability. SpinCo shall be responsible for any and all Ordinary Taxes imposed on or payable by a member of the SpinCo Group for any Tax Period, (other than Ordinary Taxes due or required to be reported on a Combined Return for which Parent is responsible under Section 2.2(a)), including any increase in such Tax as a result of a Final Determination.

SpinCo Liability. SpinCo shall be responsible for any and all Ordinary Taxes imposed on or payable by a member of the SpinCo Group for any Tax Period, (other than Ordinary Federal Taxes due with respect to or required to be reported on a Combined any (A) SpinCo Separate Return for which Parent or (B) Joint Return that SpinCo or any member of the SpinCo Group is responsible obligated to file under Section 2.2(a)), including any increase in such Tax as a result of a Final Determinationthe Code.

SpinCo Liability. SpinCo shall be responsible for any and all Ordinary Taxes imposed on or payable by a member of the SpinCo Group for any Tax Period, (other than Ordinary Foreign Taxes due with respect to or required to be reported on a Combined any (A) SpinCo Separate Return for which Parent or (B) Joint Return that SpinCo or any member of the SpinCo Group is responsible obligated to file under Section 2.2(a)), including any increase in such applicable Tax as a result of a Final DeterminationLaw.

SpinCo Liability. SpinCo shall be responsible for any and all Ordinary Taxes imposed on or payable by a member of the SpinCo Group for any Tax Period, (other than Ordinary State Taxes due with respect to or required to be reported on a Combined any (A) SpinCo Separate Return for which Parent or (B) Joint Return that SpinCo or any member of the SpinCo Group is responsible obligated to file under Section 2.2(a)), including any increase in such applicable Tax as a result of a Final DeterminationLaw.