State Income Taxes. (a) Any state income tax liability (including liability for interest or penalties) associated with the filing of a separate state income tax return by a member of the Group shall be allocated to and paid directly by such member.
State Income Taxes. Except as provided in Section 2.5, liability for State Income Taxes shall be allocated as follows:
State Income Taxes. Except as otherwise provided in Section 2.08:
State Income Taxes. In the event that travel incurred in the rendering of services by the Executive should result in the Executive incurring a state income tax liability, the Company agrees to reimburse the Executive for such state income tax liability, including penalties and interest and for the cost of preparing such state income tax returns. The Company's responsibility for the aforementioned state tax liability will not be extinguished with the termination of the Employee Agreement.
State Income Taxes. (a) For each taxable period ending on or before (or each taxable period including) the Distribution Date for which the liability of the members of the PKS Group and the KMC Group (and, if applicable, the Level 3 Group) is determined on a Combined Return, the Combined State Income Tax Liability including estimated Taxes and deficiencies in such Taxes, shall be allocated between the Parties as set forth below:
State Income Taxes. For the Taxable Year 1999 and Taxable Year 2000, within 10 business days of notification by PKS, KMC shall pay to PKS an amount equal to (i) the allocable State Income Tax liability of KMC Group for the applicable year determined under this Article III for each state, less (ii) estimated Tax deposits or other amounts paid by the KMC Group to PKS in respect of such Tax liability for each state for the applicable year.
State Income Taxes. State Income Taxes" means any and all Taxes, imposed by any state in the United States or by the District of Columbia, that is based on or measured by net income, and any interest, penalties, fines, assessments or additions imposed with respect thereto.
State Income Taxes. (a) BNPP USA shall be responsible for ensuring the timely payment of all consolidated or combined state income taxes of the BNPP USA consolidated or combined group. The burden of said taxes shall be allocated among the Members of the BNPP USA consolidated or combined group in accordance with this Agreement, with appropriate payments being made by or to Members for their allocable share of consolidated or combined state taxes. The goals of this Agreement are: (1) to allocate the consolidated or combined state tax liability or benefit among the Members of the BNPP USA consolidated or combined group based on the taxable income or loss for each entity, computed as if such Member filed a separate tax return but utilizing group tax return apportionment factors which are in effect for the subject consolidated or combined group of corporations; and (2) to provide compensation to any Member which produces tax benefits which are utilized by other Members of the BNPP USA consolidated or combined group. The applicable principles set forth in all other sections of this Agreement, along with Section 4, shall be applied for the allocation and settlement of state income taxes with appropriate modifications, as determined by the Corporate Tax Department(s), to account for differences in the tax laws of the United States and individual states and localities.
State Income Taxes. For each taxable period (or ------------------ portion thereof) ending before or including the Distribution Date for which the liability of the members of the A-BC Group and the TEC Group is determined on a Combined Return basis that includes members of both the A-BC Group and the TEC Group, the aggregate State Income Tax liability of the A-BC Group and the TEC Group in a particular state shall be allocated between the A-BC Group and the TEC Group in a manner consistent with the allocation of State Income Tax liabilities in prior years (or, if there was no such allocation of State Income Tax liabilities in prior years, then in a manner consistent with the allocation of federal Income Tax liabilities under Section 3.2), provided, however, that, subject to the provisions of Section -------- ------- 3.8, A-BC shall be entitled to any Tax refunds received with respect to a Combined Return even if such refund would otherwise be allocable to a member of the TEC Group. In the event that the TEC Group has a taxable loss on a separate company basis (computed in accordance with the 20 21 computation of separate taxable income under the principles of Treasury Regulation Sec. 1.1502-12) with respect to any Combined Return, the TEC Group's share of the tax liability related to such Combined Return shall be zero and no member of the TEC Group shall be entitled to receive any payment from any member of the A-BC Group for use of the TEC Group's loss even if such loss reduced the tax liability due with respect to such Combined Return. For each taxable period (or portion thereof) relating to State Income Taxes imposed on any member of the TEC Group on a separate return, combined or consolidated basis, except for returns and filings with respect to Combined Jurisdictions, TEC or a member of the TEC Group shall be solely responsible for the payment of such State Income Taxes (including estimated Taxes) and the members of the TEC Group shall indemnify A-BC for any such Taxes; provided, however, that TEC shall not be required to reimburse A-BC -------- ------- for any State Income Taxes described in this sentence that were paid by A-BC on behalf of TEC on or prior to the Distribution Date and provided further, -------- ------- that TEC shall be entitled to keep, and shall not be required to indemnify A-BC for, any refund of State Income Taxes described in this sentence that is received after the Distribution Date.
State Income Taxes. For the Taxable Year 1999 and Taxable Year 2000, in accordance with Section 3.6 (e), KMC shall pay to PKS an amount equal to (i) the allocable Combined State Income Tax liability of the KMC Group for each applicable year determined under this Article III for each state, less (ii) estimated Tax deposits paid by the KMC Group to PKS in respect of such Tax liability for each state for each applicable year.
