Gross-Up of Indemnification Payments. Except to the extent provided in Section 11, any Tax indemnity payment made by a Party under this Agreement shall be increased as necessary so that after making all payments in respect to Taxes imposed on or attributable to such indemnity payment, the recipient Party receives an amount equal to the sum it would have received had no such Taxes been imposed.
Appears in 5 contracts
Samples: Tax Matters Agreement (Enovis CORP), Tax Matters Agreement (ESAB Corp), Tax Matters Agreement
Gross-Up of Indemnification Payments. Except to the extent provided in Section 119.1, any Tax indemnity payment made by a Party under this Agreement shall be increased as necessary so that after making all payments in respect to Taxes imposed on or attributable to such indemnity payment, the recipient Party receives an amount equal to the sum it would have received had no such Taxes been imposed.
Appears in 4 contracts
Samples: Tax Matters Agreement (Technip Energies N.V.), Tax Matters Agreement (TechnipFMC PLC), Tax Matters Agreement (Technip Energies B.V.)
Gross-Up of Indemnification Payments. Except to the extent provided in Section 119.2, any Tax indemnity payment made by a Party under this Agreement shall be increased as necessary so that after making all payments in respect to Taxes imposed on or attributable to such indemnity payment, the recipient Party receives an amount equal to the sum it would have received had no such Taxes been imposed.
Appears in 3 contracts
Samples: Tax Matters Agreement (LENSAR, Inc.), Tax Matters Agreement (LENSAR, Inc.), Tax Matters Agreement (PDL Biopharma, Inc.)
