Common use of Tax Provisions Clause in Contracts

Tax Provisions. The definition of Tax Event, Section 5 (b)(ii), is hereby modified by adding the following provision at the end thereof: “provided, however, that for purposes of clarification, the parties acknowledge that the introduction or proposal of legislation will not, in and of itself, give rise to a presumption that a Tax Event has occurred.”

Tax Provisions. (i) The definition of Tax Event, Section 5 (b)(ii), is hereby modified by adding the following provision at the end thereof: “"provided, however, that for purposes of clarification, the parties acknowledge that the introduction or proposal of legislation will shall not, in and of itself, give rise to a presumption that a Tax Event has occurred.”" (ii) Party B will not be required to pay additional amounts in respect of an Indemnifiable Tax or be under any obligation to pay to Party A any amount in respect of any liability of Party A for or on account of any Tax.

Tax Provisions. (a) The definition of Tax Event, Section 5 (b)(ii), is hereby modified by adding the following provision at the end thereof: “"provided, however, that for purposes of clarification, the parties acknowledge that the introduction or proposal of legislation will legislation, shall not, in and of itself, give rise to a presumption that a Tax Event has occurred.”" (b) The definition of term "Indemnifiable Tax" is amended by adding the following provisions at the end thereof:

Tax Provisions. (i) The definition of Tax Event, Section 5 (b)(ii5(b)(ii), is hereby modified by adding the following provision at the end thereof: “"provided, however, that for purposes of clarification, the parties acknowledge that the introduction or proposal of legislation will shall not, in and of itself, give rise to a presumption that a Tax Event has occurred.”" (ii) The Trust will not be required to pay additional amounts in respect of an Indemnifiable Tax or be under any obligation to pay to [ ] any amount in respect of any liability of [ ] for or on account of any Tax.

Tax Provisions. (i) The definition of "Tax Event", in Section 5 (b)(ii5(b)(iii), is hereby modified by adding the following provision at the end thereof: “provided, however, "PROVIDED that for purposes of clarification, the parties acknowledge that the introduction or proposal of legislation will not, in and of itself, give rise to a presumption that a Tax Event has occurred.”" (ii) The definition of the term "Indemnifiable Tax" is amended by adding the following at the end thereof:

Tax Provisions. The definition of Tax Event, Section 5 (b)(ii), is hereby modified by adding the following provision at the end thereof: “"provided, however, that for purposes of clarification, the parties acknowledge that the introduction or proposal of legislation will not, in and of itself, give rise to a presumption that a Tax Event has occurred.”"

Tax Provisions. (i) The definition of Tax Event, Section 5 (b)(iib)(iii), is hereby modified by adding the following provision at the end thereof: “provided, however, that for purposes of clarification, the parties acknowledge that the introduction or proposal of legislation will not, in and of itself, give rise to a presumption that a Tax Event has occurred.”