Common use of Payment and Indemnification by Parent Clause in Contracts

Payment and Indemnification by Parent. Parent shall pay, and shall indemnify and hold the HY Indemnified Parties harmless from and against, without duplication, (i) all Parent Taxes, (ii) all Taxes incurred by HY or any HY Entity by reason of the breach by Parent 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.), Separation Agreement (Hyster Yale Materials Handling Inc.)

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