Common use of Payment and Indemnification by HY Clause in Contracts

Payment and Indemnification by HY. HY shall pay, and shall indemnify and hold the Parent Indemnified Parties harmless from and against, without duplication, (i) all HY Taxes, (ii) all Taxes incurred by Parent or any Parent Entity by reason of the breach by HY of any of its representations, warranties or covenants hereunder, and (iii) any costs and expenses related to the foregoing (including reasonable attorneys’ fees and expenses).

Appears in 4 contracts

Samples: Tax Allocation Agreement (Nacco Industries Inc), Tax Allocation Agreement (Hyster-Yale Materials Handling, Inc.), Stockholders’ Agreement (Hyster Yale Materials Handling Inc.)

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