Common use of Indemnity for Additional Income Tax Clause in Contracts

Indemnity for Additional Income Tax. The Borrower shall also indemnify the Lender on a full indemnity after-Tax basis, for any additional Taxes on net income that the Lender may be obliged to pay as a result of the payment of additional amounts under this Section 4.3.

Appears in 2 contracts

Samples: Securities Agreement (Liberty Silver Corp), Loan Agreement (Liberty Silver Corp)

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Indemnity for Additional Income Tax. The Each Affected Borrower shall also indemnify the each Affected Lender on a full indemnity after-Tax basis, for any additional Taxes on net income that the such Affected Lender may be obliged to pay as a result of the payment of additional amounts under this Section 4.39.7.

Appears in 1 contract

Samples: Credit Agreement (Cognos Inc)

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Indemnity for Additional Income Tax. The Borrower shall also indemnify the Lender on a full indemnity after-Tax basis, for any additional Taxes on net income that the Lender may be obliged to pay as a result of the payment of additional amounts under this Section 4.333.

Appears in 1 contract

Samples: Credit Agreement (NiMin Energy Corp.)

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