ParentCo Liability. ParentCo shall be liable for, and shall indemnify and hold harmless the SpinCo Group from and against, the following: (i) any liability for Taxes which are allocated to ParentCo under this Article II or Exhibit B; (ii) any liability for Tax-Related Losses that ParentCo is liable for under Section 6.4; and (iii) any liability for Taxes as a result of ParentCo’s breach of a warranty or covenant in the Separation Agreement or any Related Agreement.
Appears in 4 contracts
Samples: Tax Matters Agreement, Tax Matters Agreement (nVent Electric PLC), Tax Matters Agreement (PENTAIR PLC)
