Taxation Indemnity. Without limiting the generality of the provisions of Sections 1 and 2, the Company agrees that with respect to taxes and other similar charges howsoever designated, levied by governments and by agencies and divisions of governments, whether federal, provincial, regional or municipal: (a) the Company will abide by all laws, bylaws, legislative requirements and regulatory requirements of any government or any agency or division of any government, whether federal, provincial, regional or municipal, relating to the ownership of the Company and to any business conducted by the Company or any of its affiliates; (b) to the extent that in relation to the Company or any of its affiliates the Indemnitee becomes responsible for the preparation or filing of any report or return to any government or any agency or division of any government, whether federal, provincial, state, regional or municipal, the Company will supply all necessary information for such preparation and filing and will be responsible for paying all charges, costs and expenses, including those of accountants, appraisers, lawyers and other consultants, relating to such preparation and filing; and (c) to the extent that the Company or any of its affiliates fails to deduct, withhold, remit or pay an instalment or any other amount required by law, bylaw, legislative or regulatory requirement of any government or agency or division of any government, whether federal, provincial, regional or municipal to be deducted, withheld, remitted or paid, the Company will, immediately upon request by the Indemnitee, provide all funds necessary to remedy the failure, including interest charges, fines, penalties and other amounts which become payable by reason of the failure.
Appears in 4 contracts
Samples: Indemnification Agreement, Indemnity Agreement, Indemnity Agreement
