Time of Indemnification Payment. The Stockholders shall contribute to the capital of the Company amounts set forth in this Section 3.4 within thirty (30) business days after the later of (a) the receipt of the refund from the Taxing Authority attributable to such adjustment or (b) notice from the Company that a payment is due by the Company to the appropriate Taxing Authority.
Appears in 4 contracts
Samples: Tax Indemnification and S Corporation Distribution Agreement (MKS Instruments Inc), Master Amendment Agreement (Microstrategy Inc), Amendment Agreement (Microstrategy Inc)
Time of Indemnification Payment. The Stockholders shall ------------------------------- contribute to the capital of the Company any amounts set forth calculated in accordance with this Section 3.4 within thirty (30) 30 business days after the later first to occur of (a) the receipt of the refund from the appropriate Taxing Authority attributable to such adjustment adjustment, or (b) delivery of a notice from the Company that a payment is due by the Company to the appropriate Taxing Authority.
Appears in 2 contracts
Samples: Tax Indemnification Agreement (World Wrestling Federation Entertainment Inc), Tax Indemnification Agreement (Embedded Support Tools Corp)
