Tax Adjustment. 16.1 Should any payment made pursuant to this Agreement, including the payment of insurance premiums or any payment made by an insurer under an insurance policy, be deemed to constitute a taxable benefit or otherwise be or become subject to any Taxes or levy, then the Company shall pay any amount necessary to ensure that the amount received by or on behalf of the Indemnitees, after the payment of or withholding for Taxes, fully reimburses the Indemnitees for the actual cost, expense or liability incurred by or on behalf of the Indemnitees.
Appears in 4 contracts
Samples: Indemnification Agreement (Knowlton Development Corp Inc), Indemnification Agreement (Knowlton Development Parent, Inc.), Indemnification Agreement (Canada Goose Holdings Inc.)
Tax Adjustment. 16.1 18.1 Should any payment made pursuant to this Agreement, including the payment of insurance premiums or any payment made by an insurer under an insurance policy, be deemed to constitute a taxable benefit or otherwise be or become subject to any Taxes or levy, then the Company shall pay any amount necessary to ensure that the amount received by or on behalf of the Indemnitees, after the payment of or withholding for Taxes, fully reimburses the Indemnitees for the actual cost, expense or liability incurred by or on behalf of the Indemnitees.
Appears in 3 contracts
Samples: Transition and Release of Claims Agreement (Cannabist Co Holdings Inc.), Transition and Release of Claims Agreement (Columbia Care Inc.), Indemnification Agreement
