Mississippi Franchise Tax. Notwithstanding anything to the contrary contained in Section 9.2(b)(i) or (iv) hereof, TVA shall indemnify the Owner Participant against any Taxes it is required to pay pursuant to Section 27-13-1 et seq. of the Mississippi Code as a result of its participation in the transactions contemplated by the Operative Documents provided, however, that the maximum amount payable by TVA as to any year pursuant to this Section 9.2(k) and 9.2(k) in the Other Participation Agreements with respect to the Owner Participant and the Other Owner Participants (on an aggregate basis) shall not exceed the amount set forth with respect to that year in column A of Schedule 4 attached hereto (computed on a non-cumulative basis). Nothing in this Section 9.2(k) shall preclude indemnification against any Taxes required to be paid pursuant to Section 27-13-1 et seq. of the Mississippi Code with respect to any year or years which are assessed in later years, provided that the aggregate amount payable to the Owner Participant and Other Owner Participants, as to any year, is not in excess of the amount set forth with respect to that year in column A of Schedule 4 attached hereto (computed on a non-cumulative basis).
