Common use of Indemnified Losses Clause in Contracts

Indemnified Losses. (a) Section 3.1(c) is hereby amended to read in its entirety as set forth below: (c) if, as a result of the Lessee paying any Transaction Expenses (as defined in the Refinancing Agreement), Transaction Expenses (as defined in the Refunding Agreement) or Transaction Expenses (as defined in the 1999 Refunding Agreement) the Owner Participant shall be required to include any amount in its gross income; or”.

Appears in 3 contracts

Samples: Tax Indemnity Agreement (Unisource Energy Corp), Tax Indemnity Agreement (Unisource Energy Corp), Tax Indemnity Agreement (Unisource Energy Corp)

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Indemnified Losses. (a) Section 3.1(c) is hereby amended to read in its entirety as set forth below: : “(c) if, as a result of the Lessee paying any Transaction Expenses (as defined in the Refinancing Agreement), Transaction Expenses (as defined in the Refunding Agreement) or Transaction Expenses (as defined in the 1999 Refunding Agreement) the Owner Participant shall be required to include any amount in its gross income; or”.

Appears in 1 contract

Samples: Tax Indemnity Agreement

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