Common use of After-Tax Basis Clause in Contracts

After-Tax Basis. The amount which LESSEE will be required to pay with respect to any Expense indemnified against under Article 16.1 will be an amount sufficient to restore the Indemnitee, on an after-tax basis, to the same position such Indemnitee would have been in had such Expense not been incurred.

After-Tax Basis. The amount which LESSEE will be required to pay with respect to any Expense indemnified against under Article 16.1 17.1 will be an amount sufficient to restore the Indemnitee, on an after-tax basis, to the same position such Indemnitee would have been in had such Expense not been incurredincurred after taking into account the amount of any credits, deductions or other Tax benefits or savings realized by such Indemnitee.