Examples of Purchaser Indemnified Taxes in a sentence
Purchaser will determine the amount of Purchaser Indemnified Taxes with respect to each such Tax Return.
Not later than five (5) days prior to the due date for the payment of Taxes with respect such Tax Return each Seller shall pay to Purchaser the amount of Purchaser Indemnified Taxes shown on such statement with respect to such Tax Return multiplied by such Seller’s Percentage Interest.
Not later than 5 days prior to the due date of such Tax Return (including any extensions thereon), Seller shall pay to the Purchaser the amount of Purchaser Indemnified Taxes with respect to such Tax Return.
Not later than twenty (20) days prior to the due date of each such Tax Return, Purchaser will deliver a copy of such Tax Return, together with a statement of Purchaser Indemnified Taxes with respect to such Tax Return, to the Sellers Representative, and shall make the Tax workpapers and other information relating to the preparation of such Tax Return available for review by the Sellers Representative.
Not later than twenty (20) days prior to the due date of each such Tax Return, Purchaser will deliver a copy of such Tax Return, together with a statement of Purchaser Indemnified Taxes with respect to such Tax Return, to the Selling Stockholder, and shall make the Tax workpapers and other information relating to the preparation of such Tax Return available for review by the Selling Stockholder.
Not less than five days prior to the due date for payment of Taxes with respect to any such Tax Return, Seller shall pay to Purchaser the amount of any Purchaser Indemnified Taxes with respect to such Tax Return.
Further, the aggregate maximum liability of Purchaser to indemnify Seller pursuant to Section 8.1, on one hand, and Seller to indemnify Purchaser pursuant to Section 8.2, on the other hand, shall not exceed Four Million and 00/100 Dollars ($4,000,000.00) (the “Indemnification Cap”); provided that any Losses arising out of or resulting from any Purchaser Indemnified Taxes shall not be subject to such Indemnification Cap.
Not later than five days prior to the due date for payment of Taxes with respect to any such Tax Return, Seller shall pay to Purchaser the amount of such Purchaser Indemnified Taxes with respect to such Tax Return.
To the extent that such expenses relate to a Tax that is a Purchaser Indemnified Tax, Purchaser shall have the right to make a claim for indemnification pursuant to Section 7.6 and the Escrow Agreement in the amount of any Purchaser Indemnified Taxes.