Common use of Indemnification Limited to Tax Benefit Clause in Contracts

Indemnification Limited to Tax Benefit. Notwithstanding anything to the contrary in this Agreement, the Company’s obligation to indemnify pursuant to Section 2.1 of this Agreement shall be limited to the amount of the Company’s actual tax savings, if any, attributable to the circumstances giving rise to the increase in the Tax Liability of the Stockholders.

Appears in 2 contracts

Samples: Tax Matters Agreement (Cogent, Inc.), Tax Matters Agreement (Cogent, Inc.)

AutoNDA by SimpleDocs

Indemnification Limited to Tax Benefit. Notwithstanding anything to the contrary in this Agreement, the Company’s 's obligation to indemnify pursuant to Section 2.1 section 2(a) of this Agreement shall be limited to the amount of the Company’s 's actual tax savings, if any, attributable to the circumstances giving rise to the increase in the Tax Liability of the Stockholdersa Shareholder.

Appears in 2 contracts

Samples: Tax Indemnification Agreement (Skechers Usa Inc), Tax Indemnification Agreement (Skechers Usa Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.