Common use of Timing of Indemnification Payments Clause in Contracts

Timing of Indemnification Payments. Indemnification payments required pursuant to this Article VI shall be paid by the Indemnifying Party to the Indemnified Party within twenty (20) days of delivery by the Indemnified Party to the Indemnifying Party of an invoice for the amount due, accompanied by evidence of payment and a reasonably satisfactory documentation setting forth the basis for the amount of such indemnification payment.

Appears in 4 contracts

Samples: Tax Matters Agreement, Tax Matters Agreement (Cousins Properties Inc), Tax Matters Agreement (Parkway Properties Inc)

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