Common use of Insurance and Taxes Clause in Contracts

Insurance and Taxes. Any claim for indemnification hereunder shall be reduced by any insurance payment to be received by the party claiming indemnification and any tax benefit to be realized by such indemnity with respect to the matter for which indemnification is sought.

Appears in 3 contracts

Samples: Consulting Agreement (Alltrista Corp), Consulting Agreement (Alltrista Corp), Asset Purchase Agreement (Alltrista Corp)

AutoNDA by SimpleDocs

Insurance and Taxes. Any claim for indemnification hereunder shall be reduced by any insurance payment to be received by the party person claiming indemnification and any tax benefit realized or to be realized by the person claiming such indemnity indemnification with respect to the matter for which indemnification is sought.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Great Plains Energy Inc)

Insurance and Taxes. Any claim for indemnification hereunder ------------------- shall be reduced by any insurance payment to be received by the party claiming indemnification and any tax benefit to be realized by such indemnity with respect to the matter for which indemnification is sought.

Appears in 1 contract

Samples: Asset Purchase Agreement (Alltrista Corp)

AutoNDA by SimpleDocs

Insurance and Taxes. Any claim for indemnification hereunder shall be reduced by any insurance payment to be received by the party claiming indemnification and any net tax benefit to be realized by such indemnity with respect to the matter for which indemnification is sought.

Appears in 1 contract

Samples: Asset Purchase Agreement (Intermet Corp)

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