Determination of Losses. All indemnification payments under this §8 shall be paid by the Indemnifying Party net of any Tax benefits and insurance coverage that may be available to the Indemnified Party.
Appears in 5 contracts
Samples: Stock Purchase Agreement (Ariel Way Inc), Stock Purchase Agreement (Ariel Way Inc), Stock Purchase Agreement (Netfran Development Corp)
Determination of Losses. All indemnification payments under this §8 ss.8 shall be paid by the Indemnifying Party net of any Tax benefits and insurance coverage that may be available to the Indemnified Party.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Netfran Development Corp), Stock Purchase Agreement (Netfran Development Corp)
Determination of Losses. All indemnification payments under this §Section 8 shall be paid by the Indemnifying Party net of any Tax benefits and insurance coverage that may be available to the Indemnified Party. All indemnification payments under this Section 8 shall be deemed adjustments to the Merger Consideration.
Appears in 1 contract
Determination of Losses. All indemnification payments under this §8 Section 7 and Section 6(d) shall be paid by the Indemnifying Party net of any Tax insurance benefits and (net of premiums, fees or other costs of such insurance coverage that may coverage) paid to or recovered by the Indemnified Party pursuant to any insurance policy, title insurance policy, indemnity, reimbursement arrangement or contract. All indemnification payments under this Agreement shall be available treated by the Parties as adjustments to the Indemnified PartyPurchase Price.
Appears in 1 contract
Samples: Stock Purchase Agreement (American Claims Evaluation Inc)
