Common use of Secondary Liability Clause in Contracts

Secondary Liability. (i) No Event has occurred (including the execution or implementation of this Agreement) in consequence of which a Group Company is or may be held liable for Tax, or to indemnify any person in respect of any Tax, which is primarily or directly chargeable against or attributable to any person other than the relevant Group Company, and such Group Company is not bound by or party to any Tax indemnity, Tax sharing or Tax allocation agreement.

Appears in 4 contracts

Samples: Stock Purchase Agreement, Stock Purchase Agreement (Watson Pharmaceuticals Inc), Stock Purchase Agreement (Watson Pharmaceuticals Inc)

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Secondary Liability. (i) No Event has occurred (including the execution or implementation of this Agreement) in consequence of which a the Group Company is or may be held liable for Tax, to pay or to indemnify bear any person in respect of any Tax, Tax which is primarily or directly chargeable against or attributable to any some person firm or company other than the relevant Group Company, and such Group Company is not bound by or party to any Tax indemnity, Tax sharing or Tax allocation agreementGroup.

Appears in 1 contract

Samples: Sale and Purchase Agreement (Sundial Growers Inc.)

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Secondary Liability. (i) No Event event has occurred (including without limitation the execution or implementation of this Agreement) in consequence of which a Group the Company or any Subsidiary is or may be held liable for Tax, Tax or may otherwise be held liable for or to indemnify any person in respect of any Tax, which is primarily or directly chargeable against or attributable to any person other than the relevant Group Company, and such Group Company is not bound by or party to any Tax indemnity, Tax sharing or Tax allocation agreement.

Appears in 1 contract

Samples: Sale and Purchase Agreement (Cooper Companies Inc)

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