IDT Sub-Group definition
Examples of IDT Sub-Group in a sentence
This Agreement shall constitute a direct obligation of each such member and shall be deemed to have been readopted and affirmed on behalf of any corporation which becomes a member of the IDT Sub-Group or the Net2Phone Group in the future.
IDT agrees and acknowledges that IDT shall be responsible for the performance of the obligations of each member of the IDT Sub-Group hereunder applicable to such subsidiary.
IDT shall calculate and invoice Net2Phone for the fee payable, and Net2Phone will pay the invoiced amount in a manner consistent with the invoice and payment procedures provided for in that certain Services Agreement, between IDT, certain members of the IDT Sub-Group, and Net2Phone, dated of even date herewith.
IDT shall prepare, or cause to be prepared, and file, or cause to be filed, all IDT Sub-Group Separate Returns, and shall pay, or cause to be paid, all Income Tax due with respect to such returns.
This Agreement is being entered into by IDT and Net2Phone on behalf of themselves and each member of the IDT Sub-Group and the Net2Phone Group, respectively.
Upon reasonable notice, IDT shall make its, or shall cause each member of the IDT Sub-Group to make its, employees and facilities available on a mutually convenient basis to provide explanation of any documents or information provided hereunder.