Common use of Indemnification by Stride Rite and Buyer Clause in Contracts

Indemnification by Stride Rite and Buyer. Stride Rite, the PLG Subsidiaries and Buyer shall pay or cause to be paid, shall be responsible for, and shall indemnify and hold harmless Colt and the other Colt Entities from and against, (i) the PLG Pre-Closing Taxes, (ii) the Buyer’s Pro Rata Portion of all Transfer Taxes and (iii) all Taxes of Buyer and any of its Subsidiaries (including the PLG Entities) and the PLG Business for any Post-Closing Period.

Appears in 4 contracts

Samples: Purchase Agreement, Separation Agreement (Wolverine World Wide Inc /De/), Separation Agreement (Wolverine World Wide Inc /De/)

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