Payment of Tax Liability. If one party is liable or responsible for Taxes, under Sections 3.01 through 3.03 of this Agreement, with respect to Tax Returns for which another party is responsible for filing, or with respect to Taxes that are paid by another party, then the liable or responsible party shall pay the Taxes (or a reimbursement of such Taxes) to the other party pursuant to Section 7.05 of this Agreement.
Payment of Tax Liability. The party responsible for filing a Tax Return under Article II will be responsible for paying to the relevant Tax Authority the entire amount of the Tax Liability reflected on such Tax Return; provided, however, that the party liable for such Tax Liability pursuant to this Article III shall pay the Taxes for which it is liable to the filing party as set forth in Section 7.4.
Payment of Tax Liability. Parent is responsible for the timely and accurate preparation and filing of the consolidated federal income tax return and any consolidated or combined state and/or local income or franchise tax returns and associated tax liability for each Tax Year. For each Tax Year, each Subsidiary will pay to Nationwide Life Insurance Company an amount equal to the federal income tax liability attributable to such Subsidiary as calculated under Section V. In the event that Parent shall elect or be required to file a consolidated or combined state and/or local income or franchise tax return for any Tax Year, each Subsidiary shall pay to Parent an amount equal to the amount of state and/or local income or franchise tax for such Tax Year as calculated under Section VI.
Payment of Tax Liability. For each Tax Year, each Subsidiary will pay to Nationwide Financial an amount equal to the federal income tax liability attributable to such Subsidiary for such Tax Year within sixty (60) days following the filing of the consolidated federal income tax return of the Group.
Payment of Tax Liability. If one Party is liable or responsible for Taxes, under Sections 3.01 through 3.04, with respect to Tax Returns for which another party is responsible for preparing and/or filing, or with respect to Taxes that are paid by another Party, then the liable or responsible Party shall pay the Taxes (or a reimbursement of such Taxes) to the other Party pursuant to Section 7.05; provided, however, Spectra Energy’s liability to pay Duke Energy under Section 7.05 shall be reduced by the amount Duke Energy accrued for Income Taxes of Spectra Energy for the 2006 calendar year; provided further, however, that if the amount that Spectra Energy owes Duke Energy is negative as a result of such reduction, Duke Energy shall pay the absolute value of such negative amount to Spectra Energy.
Payment of Tax Liability. (a) Except for the Taxes that Oncor Holdings or Oncor are liable for pursuant to Section 6(b) and subject to indemnification under Section 4(a), EFH shall pay all Taxes in respect of the income of Oncor and Oncor Holdings that is included in the Tax Returns of the EFH Group for each Applicable Taxable Year at such time and in such manner as such payments are required to be made. Minority Investor shall pay all Taxes in respect of the income of Oncor that is included in the Tax Returns of Minority Investor for each Applicable Taxable Year at such time and in such manner as such payments are required to be made. The members of Management Investor shall pay all Taxes in respect of the income of Oncor that is included in the Tax Returns of such members with respect to their ownership of limited liability company interests in Management Investor for each Applicable Taxable Year at such time and in such manner as such payments are required to be made.
Payment of Tax Liability. For each taxable year (or portion thereof) during which the Argyle TV Group is included in a consolidated Federal income tax return with Parent, Argyle TV shall pay to Parent an amount equal to the Argyle TV Group Tax Liability. To the extent that the obligation to pay such amount has not been fully satisfied pursuant to paragraph 2(c), Argyle TV shall pay any such remaining amount to Parent by the date on which Parent is required to make its final payment of federal income taxes for the taxable year without the occurrence of penalties or additions to tax.
Payment of Tax Liability. Company shall timely pay to the appropriate Taxing Authority or discharge any Taxes required to be paid by any member of the Company Group. For each Vivendi Group Taxable Year, Vivendi shall timely pay or discharge, or cause to be timely paid or discharged, the Tax liability of the Vivendi Group for such taxable year to the extent such liability is not required to be paid or discharged by Company pursuant to this Section 2.2.
Payment of Tax Liability. For each taxable year ending after (and excluding) the date hereof during which a Subsidiary Member is included in a consolidated Federal income tax return with Parent, such Subsidiary Member will pay to Parent an amount equal to its Member Tax Liability. To the extent that the obligation to pay such amount has not been fully satisfied pursuant to Section 3(c) of this Agreement, such Subsidiary Member shall pay any such remaining amount to Parent on the last date on which Parent is required to make its final payment of Federal income taxes for the taxable year without incurring any penalties or additions to tax.
Payment of Tax Liability. Assignor and MLMCI agree that any tax or other liability (excluding any tax liability arising from the receipt by MLMCI of interest income on any Loan under this Agreement) incurred by the beneficial owner or the registered holder of any Collateral pledged under the this Agreement shall be borne by Assignor. So long as any Obligations are outstanding hereunder, Assignor agrees to indemnify MLMCI for, and to hold MLMCI harmless against, any liability inuring to MLMCI as a result of the endorsement of the Collateral in MLMCI's name, or MLMCI's status as the lender hereunder or beneficial holder of such Collateral, including, without limitation, any tax liability or liability for the payment of expenses of the trust funds established under the applicable MBS Issuance Agreements.
