Common use of State Tax Returns Clause in Contracts

State Tax Returns. Thermo Electron as the common parent will prepare and file or cause to be filed state income tax returns on a combined, consolidated, unitary, or other method that Thermo Electron believes will result in a lower overall tax liability to the Two Companies. Biomedical will reimburse Thermo Electron for its portion of the tax. Such reimbursement will be the tax Biomedical would have paid on a separate return basis, but only if it was required to file a return in that state.

State Tax Returns. Thermo Electron as the common parent will prepare and file or cause to be filed state income tax returns on a combined, consolidated, unitary, or other method that Thermo Electron believes will result in a lower overall tax liability to the Two Companies. Biomedical Metrika will reimburse Thermo Electron for its portion of the tax. Such reimbursement will be the tax Biomedical Metrika would have paid on a separate return basis, but only if it was required to file a return in that state.

State Tax Returns. Thermo Electron as the common parent will prepare and file or cause to be filed state income tax returns on a combined, consolidated, unitaryor unitary basis, or using any other allowable method that Thermo Electron believes will result in a lower overall tax liability to the Two Companies. Biomedical ThermoLase will reimburse Thermo Electron for its portion of the tax. Such reimbursement will be the tax Biomedical ThermoLase would have paid on a separate return basis, but only if it was required to file a return in that state.

State Tax Returns. Thermo Electron as the common parent will prepare and file or cause to be filed state income tax returns on a combined, consolidated, unitary, or other method that Thermo Electron believes will result in a lower overall tax liability to the Two Companies. Biomedical ONIX will reimburse Thermo Electron for its portion of the tax. Such reimbursement will be the tax Biomedical ONIX would have paid on a separate return basis, but only if it was required to file a return in that state.

State Tax Returns. Thermo Electron as the common parent will prepare and file or cause to be filed state income tax returns on a combined, consolidated, unitary, or other method that Thermo Electron believes will result in a lower overall tax liability to the Two Companies. Biomedical Ecotek will reimburse Thermo Electron for its portion of the tax. Such reimbursement will be the tax Biomedical Ecotek would have paid on a separate return basis, but only if it was required to file a return in that state.