name / content / group

content: 463844

name: IN GENERAL

IN GENERAL. With respect to any taxable year, the Metris Group Federal Income Tax Liability shall be the sum, for such taxable year, of (1) the Metris Group's liability for Federal Income Taxes as determined on the Pro Forma Metris Group Consolidated Return, and (2) any interest, penalties and other additions applicable to such taxes.
IN GENERAL. With respect to any taxable year, the Metris Group Combined Tax Liability shall be the sum, for such taxable year, of (1) the Metris Group's liability for Non Federal Combined Taxes as determined on the Pro Forma Metris Group Combined Return and (2) any interest, penalties and other additions to such taxes.