Taxable Benefits. Any indemnity payment made pursuant to this Indemnity Agreement shall be grossed up by the amount of any tax payable by the Indemnitee pursuant to the Income Tax Act (Canada) in respect of such payment.
Appears in 4 contracts
Samples: Corporate Governance Agreement (Premier Exhibitions, Inc.), Corporate Governance Agreement (Premier Exhibitions, Inc.), Indemnification Agreement (Premier Exhibitions, Inc.)
Taxable Benefits. Any indemnity payment made pursuant to this Indemnity Agreement shall be grossed up by the amount of any tax payable by the Indemnitee pursuant to the Income Tax Act (Canada) ), as it may be amended, or any other taxation statute or regulation applicable to the Indemnitee in respect of such payment.
Appears in 3 contracts
Samples: Arrangement Agreement (Pan American Silver Corp), Arrangement Agreement (Tahoe Resources Inc.), Indemnity Agreement
Taxable Benefits. Any indemnity payment made pursuant to this Indemnity Agreement shall be grossed up by the amount of any tax payable by the Indemnitee pursuant to the Income Tax Act (Canada) or the Internal Revenue Code of 1986 (United States) in respect of such payment.
Appears in 1 contract
Samples: Form of Indemnity Agreement (Clever Leaves Holdings Inc.)
