Common use of Timing of Indemnification Payments Clause in Contracts

Timing of Indemnification Payments. Indemnification payments in respect of any liabilities for which an Indemnified Party is entitled to indemnification pursuant to this Article III shall be paid by the Indemnifying Party to the Indemnified Party within ten (10) days after written notification thereof by the Indemnified Party, including reasonably satisfactory documentation setting forth the basis for, and calculation of, the amount of such indemnification payment.

Appears in 15 contracts

Samples: Tax Matters Agreement (Essendant Inc), Separation Agreement (Genuine Parts Co), Separation Agreement (Essendant Inc)

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Timing of Indemnification Payments. Indemnification payments in respect of any liabilities for which an Indemnified Party is entitled to indemnification pursuant to this Article III shall be paid by the Indemnifying Party to the Indemnified Party within ten (10) days after written notification thereof by the Indemnified Party, including reasonably satisfactory documentation setting forth the basis for, and calculation of, the amount of such indemnification payment, or within ten (10) days after resolution pursuant to Section 7.01.

Appears in 11 contracts

Samples: Tax Matters Agreement (BBX Capital Corp), Tax Matters Agreement (BBX Capital Florida LLC), Tax Matters Agreement (BBX Capital Florida LLC)

Timing of Indemnification Payments. Indemnification payments in respect of any liabilities Liabilities for which an Indemnified Party is entitled to indemnification pursuant to this Article III IV shall be paid by the Indemnifying Party to the Indemnified Party within ten (10i) days after written notification thereof with respect to Liabilities requiring a payment to a Taxing Authority, not later than one business day prior to the Due Date of such Liability, and (ii) with respect to any other Liabilities, as such Liabilities are incurred upon demand by the Indemnified Party, including reasonably satisfactory documentation setting forth the basis for, and calculation of, for the amount of such indemnification payment.

Appears in 8 contracts

Samples: Tax Matters Agreement (Rouse Properties, Inc.), Separation Agreement (Rouse Properties, Inc.), Tax Matters Agreement (Rouse Properties, Inc.)

Timing of Indemnification Payments. Indemnification payments in respect of any liabilities for which an Indemnified Party is entitled to indemnification required pursuant to this Article III V shall be paid by the Indemnifying Party to the Indemnified Party within ten (10) business days after written notification thereof of the receipt by the Indemnified PartyIndemnifying Party of notification of the amount owed, including reasonably satisfactory together with reasonable documentation setting forth showing (i) the basis for, and for the calculation of, the amount of such indemnification amount and (ii) if the Indemnified Party has already paid such amount to the relevant Taxing Authority or other recipient, evidence of such payment.

Appears in 5 contracts

Samples: Tax Matters Agreement (Ventas Inc), Tax Matters Agreement (Care Capital Properties, Inc.), Tax Matters Agreement (Care Capital Properties, Inc.)

Timing of Indemnification Payments. Indemnification payments in respect of any liabilities for which an Indemnified Party is entitled to indemnification required pursuant to this Article III V shall be paid by the Indemnifying Party to the Indemnified Party within ten (10) days after written notification thereof as the associated indemnifiable liabilities are incurred upon demand by the Indemnified Party, including reasonably satisfactory documentation setting forth the basis for, and calculation of, for the amount of such indemnification payment.

Appears in 4 contracts

Samples: Tax Matters Agreement (Rayonier Advanced Materials Inc.), Tax Matters Agreement (Washington Prime Group Inc.), Tax Matters Agreement (Washington Prime Group Inc.)

Timing of Indemnification Payments. Indemnification payments in respect of any liabilities for which an Indemnified Party is entitled to indemnification pursuant to this Article III shall be paid by the Indemnifying Party to the Indemnified Party within ten (10) days after written notification thereof by the Indemnified Party, including reasonably satisfactory documentation setting forth the basis for, and calculation of, the amount of such indemnification payment, or within ten (10) days after resolution pursuant to Section 8.01.

Appears in 4 contracts

Samples: Tax Matters Agreement (Interval Leisure Group, Inc.), Separation Agreement (Starwood Hotel & Resorts Worldwide, Inc), Tax Matters Agreement (Vistana Signature Experiences, Inc.)

Timing of Indemnification Payments. Indemnification payments in respect of any liabilities for which an a Tax Indemnified Party is entitled to indemnification pursuant to this Article III VIII shall be paid by the Indemnifying Party to the Tax Indemnified Party within ten (10) days after written notification thereof by the Tax Indemnified PartyParty (or such shorter period specified in this Article VIII), including reasonably satisfactory documentation setting forth the basis for, and calculation of, the amount of such indemnification payment, or within ten (10) days after resolution of any Tax Proceeding pursuant to Section 8.13.

Appears in 3 contracts

Samples: Separation and Distribution Agreement (MYnd Analytics, Inc.), Separation and Distribution Agreement (Telemynd, Inc.), Separation and Distribution Agreement (MYnd Analytics, Inc.)

Timing of Indemnification Payments. Indemnification payments in respect of any liabilities for which an Indemnified Party is entitled to indemnification pursuant to this Article III shall be paid by the Indemnifying Party to the Indemnified Party within ten (10) days after written notification thereof by the Indemnified Party, including reasonably satisfactory documentation setting forth the basis for, and calculation of, the amount of such indemnification payment, or within ten (10) days after resolution pursuant to Section 7.1.

Appears in 3 contracts

Samples: Tax Matters Agreement (Baudax Bio, Inc.), Tax Matters Agreement (Recro Pharma, Inc.), Tax Matters Agreement (Baudax Bio, Inc.)

Timing of Indemnification Payments. Indemnification payments in respect of any liabilities for which an Indemnified Party is entitled to indemnification pursuant to this Article III shall be paid by the Indemnifying Party to the Indemnified Party within ten (10) 10 days after written notification thereof by the Indemnified Party, including reasonably satisfactory documentation setting forth the basis for, and calculation of, the amount of such indemnification payment, or within 10 days after resolution pursuant to Section 7.01.

Appears in 2 contracts

Samples: Tax Matters Agreement (Sysorex, Inc.), Tax Matters Agreement (Inpixon)

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Timing of Indemnification Payments. Indemnification payments in respect of any liabilities for which an Indemnified Party is entitled to indemnification pursuant to this Article III shall be paid by the Indemnifying Party to the Indemnified Party within ten (10) days 10 Business Days after written notification thereof by the Indemnified Party, including reasonably satisfactory documentation setting forth the basis for, and calculation of, the amount of such indemnification payment.

Appears in 2 contracts

Samples: Tax Matters Agreement (HS Spinco, Inc.), Tax Matters Agreement

Timing of Indemnification Payments. Indemnification payments in respect of any liabilities for which an Indemnified Party is entitled to indemnification required pursuant to this Article III 6 shall be paid by the Indemnifying Party to the Indemnified Party within ten twenty (1020) days after written notification thereof of delivery by the Indemnified PartyParty to the Indemnifying Party of an invoice for the amount due, including accompanied by evidence of payment and a reasonably satisfactory documentation setting forth the basis for, and calculation of, for the amount of such indemnification payment.

Appears in 2 contracts

Samples: Tax Matters Agreement (Bluerock Homes Trust, Inc.), Tax Matters Agreement (Bluerock Homes Trust, Inc.)

Timing of Indemnification Payments. Indemnification payments in respect of any liabilities Liabilities for which an Indemnified Party is entitled to indemnification pursuant to this Article III shall be paid by the Indemnifying Party to the Indemnified Party within ten (10) days after written notification thereof as such Liabilities are incurred upon demand by the Indemnified Party, including reasonably satisfactory documentation setting forth the basis for, and calculation of, for the amount of such indemnification payment.

Appears in 2 contracts

Samples: Tax Matters Agreement (Cardinal Health Inc), Tax Matters Agreement (CareFusion Corp)

Timing of Indemnification Payments. Indemnification payments in respect of any liabilities for which an Indemnified Party is entitled to indemnification pursuant to this Article III shall be paid by the Indemnifying Party to the Indemnified Party within ten ([10) days ] Business Days after written notification thereof by the Indemnified Party, including reasonably satisfactory documentation setting forth the basis for, and calculation of, the amount of such indemnification payment.

Appears in 1 contract

Samples: Tax Matters Agreement (HS Spinco, Inc.)

Timing of Indemnification Payments. Indemnification payments in respect of any liabilities for which an Indemnified Party is entitled to indemnification pursuant to this Article III IV shall be paid by the Indemnifying Party to the Indemnified Party within ten (10) days after written notification thereof by the Indemnified Party, including reasonably satisfactory documentation setting forth the basis for, and calculation of, the amount of such indemnification payment, or within ten (10) days after resolution pursuant to Section 8.01.

Appears in 1 contract

Samples: Tax Matters Agreement (PartX, Inc.)

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