After-tax Payment. Each indemnity pursuant to Section 15 or this Section 8 shall be in an amount which, after taking into account all Taxes required to be paid by the Indemnitee entitled to the indemnity as a result of the receipt or accrual of the indemnity and any deductions, credits or other benefits available to such Indemnitee in respect of such indemnity, shall be equal to the total amount of the indemnity that the Lessee would be required to pay if the Indemnitee were not subject to Taxes as a result of the receipt or accrual of the indemnity.
Appears in 4 contracts
Samples: Aircraft Lease Agreement (American Income Partners v a LTD Partnership), Aircraft Lease Agreement (American Income Partners v a LTD Partnership), Aircraft Lease Agreement (Airfund Ii International Limited Partnership)
After-tax Payment. Each indemnity pursuant to Section 15 or this ----------------- Section 8 shall be in an amount which, after taking into account all Taxes required to be paid by the Indemnitee entitled to the indemnity as a result of the receipt or accrual of the indemnity and any deductions, credits or other benefits available to such Indemnitee in respect of such indemnity, shall be equal to the total amount of the indemnity that the Lessee would be required to pay if the Indemnitee were not subject to Taxes as a result of the receipt or accrual of the indemnity.
Appears in 1 contract
Samples: Guaranty Agreement (American Income Partners v B LTD Partnership)
After-tax Payment. Each indemnity payment pursuant to Section 15 or this Section 8 shall be in an amount which, after taking into account all Taxes required to be paid by the Indemnitee entitled to the indemnity payment as a result of the receipt or accrual of the indemnity payment and any deductions, credits or other benefits available to such Indemnitee in respect of such indemnityadditional payment hereunder, shall be equal to the total amount of the indemnity payment that the Lessee would be required to pay if the Indemnitee were not subject to Taxes as a result of the receipt or accrual of the indemnityindemnity payment.
Appears in 1 contract
Samples: Aircraft Lease Agreement (Turn Works Acquisition Iii Sub a Inc)
After-tax Payment. Each indemnity pursuant payment Pursuant to Section 15 or this Section 8 shall be in an amount which, after taking into account all Taxes required to be paid by the Indemnitee entitled to the indemnity payment as a result of the receipt or accrual of the indemnity payment and any deductions, credits or other benefits available to such Indemnitee in respect of such indemnityadditional payment hereunder, shall be equal to the total amount of the indemnity payment that the Lessee would be required to pay if the Indemnitee were not subject to Taxes as a result of the receipt or accrual of the indemnityindemnity payment.
Appears in 1 contract
Samples: Aircraft Lease Agreement (Turn Works Acquisition Iii Sub a Inc)
