Common use of Tax Reduction Clause in Contracts

Tax Reduction. New ▇▇▇▇▇▇ shall, and shall cause each member of the New ▇▇▇▇▇▇ Group to, take all steps reasonably necessary to receive a reduction in Taxes attributable to such deduction, loss or credit. Within twelve months of the end of each taxable year New ▇▇▇▇▇▇ shall provide the Company with an accounting setting forth the utilization of the Section 3.06

Appears in 3 contracts

Sources: Tax Sharing Agreement (Autoliv Inc), Tax Sharing Agreement (New Morton International Inc), Tax Sharing Agreement (Autoliv Inc)