Further Indemnity Limitations. 9.6.1 The amount of any indemnifiable Loss shall be reduced (i) to the extent any Indemnified Party actually receives any insurance proceeds with respect to such Loss, (ii) to take into account, if applicable, any net Tax benefit actually received from the recognition of the Loss and (iii) to take into account any payment actually received by an Indemnified Party with respect to such Loss.
Appears in 3 contracts
Samples: Share Purchase Agreement, Share Purchase Agreement (National Steel Co), Share Purchase Agreement and Other Covenants (National Steel Co)
Further Indemnity Limitations. 9.6.1 The amount of any indemnifiable Loss shall be reduced (i) to the extent any Indemnified Party actually receives any insurance proceeds with respect to such Loss, (ii) to take into account, if applicable, account any net Tax benefit actually received arising from the recognition of the Loss Loss, and (iii) to take into account any payment actually received by an Indemnified Party with respect to such a Loss.
Appears in 3 contracts
Samples: Purchase and Sale Agreement (Allegheny Energy Inc), Purchase and Sale Agreement (Allegheny Energy Inc), Purchase and Sale Agreement (Allegheny Energy Supply Co LLC)
Further Indemnity Limitations. 9.6.1 The amount of any indemnifiable Loss to be indemnified pursuant to this Agreement shall be reduced (i) to the extent any Indemnified Party actually receives any insurance proceeds with respect to such Loss, and (ii) to take into account, if applicable, any net Tax benefit actually received from the recognition of the Loss and (iii) to take into account any payment actually received by an Indemnified Party with respect to such Loss.
Appears in 2 contracts
Samples: Investment Agreement (National Steel Co), Investment Agreement (National Steel Co)
Further Indemnity Limitations. 9.6.1 (a) The amount of any indemnifiable Loss shall be reduced (i) to the extent any Indemnified Party actually receives any insurance proceeds with respect to such Loss, (ii) to take into account, if applicable, any net Tax benefit actually received from the recognition of the Loss and (iii) to take into account any payment actually received by an Indemnified Party with respect to such Loss.
Appears in 2 contracts
Samples: Share Purchase Agreement (SFX Entertainment, INC), Share Purchase Agreement (SFX Entertainment, INC)
