Tax Indemnification definition

Tax Indemnification has the meaning set forth in Section 10.3.

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Tax Indemnification means the indemnification under Section 11.01(a)(iv).

Tax Indemnification has the meaning set forth in Section 9.1 hereof.

Examples of Tax Indemnification in a sentence

• The Release may also include Confidentiality, Non-Disparagement, No-Reapply, Tax Indemnification, and/or other appropriate terms.

• Waiver by any party of any default by the other party of any provision of this Agreement, any Ancillary Agreement or the Tax Indemnification Agreement shall not be deemed a waiver by the waiving party of any subsequent or other default, nor shall it prejudice the rights of the other party.

• Except as expressly set forth in this Agreement (including Section 3.1(h) hereof) or in any Ancillary Agreement or in the Tax Indemnification Agreement, whether or not the Distribution is consummated, each party hereto shall bear its own respective third party fees, costs and expenses paid or incurred in connection with the Distribution.

• The maximum indemnity amount under the Series C Optional Tax Indemnification does not exceed $35 million.

• In the event of any termination of this Agreement on or after the Combination Effective Date, only the provisions of Article III will terminate and the other provisions of this Agreement, each Ancillary Agreement and the Tax Indemnification Agreement shall remain in full force and effect.

More Definitions of Tax Indemnification

Tax Indemnification. The Lessee will indemnify, on an after tax basis, the Indemnified Persons against and will agree to pay any and all taxes payable as a result of ownership, rental, operation, use, maintenance or sale of the Equipment, including, but not limited to, rental, withholding, sales, use, gross receipts, personal equipment, franchise, excise, value added or other taxes, but excluding (i) federal net income taxes and (ii) state and local net income taxes except taxes imposed by the state where the Equipment are located.

Tax Indemnification. It is understood by the parties hereto that some of the Equipment listed on this Equipment Schedule will be re-located at Lessee's customer's premises outside the U.S. Lessee hereby indemnifies Lessor for any additional taxes, fees, imposts, charges or other impositions ("Additional Costs") associated with location outside the U.S. of the Equipment and or payment of rent to Lessor. Additional Costs include, without limitation, any and all withholding taxes, VAT, customs fees, transfer taxes, and duties. Lessee hereby agrees that Lessor will not be considered importer of record at any time. All necessary documentation to make equipment to move equipment between countries will clearly state that Lessee is the importer of record."

Tax Indemnification. Agreement shall mean the Tax Indemnification Agreement, dated as of August 12, 1986, between PNM and the Owner Participant. Term Loan Agreement shall mean the Term Loan Agreement dated as of August 12, 1986 among Funding Corp., PNM and the banks named on the signature pages thereto. Term Note Supplemental Indenture shall mean the Series 1986B Term Note Supplemental Indenture dated as of August 12, 1986 among PN1I, Funding Corp. and the Collateral Trust Trustee, supplementing the Collateral Trust Indenture and providing, among other things, for the issuance of the Initial Series Bonds. 6091.▇▇▇▇▇▇▇.1106.55:l

Tax Indemnification means any claim for indemnification in respect of any Retained Liability described in Section 2.5(f), any breach of any representation or warranty contained in Section 4.11 (Taxes), any breach of covenant contained in Section 6.5 or any Transfer Taxes for which Sellers are responsible pursuant to Section 10.8(a).

Tax Indemnification shall have the meaning set forth in Section 8.1.

Tax Indemnification means the right of a Buyer Indemnified Party to Indemnification pursuant to Section 7.2(a) with respect to representations and warranties made in Section 3.21.

Tax Indemnification has the meaning set out in clause 10.1.1;