Examples of Tax Indemnity Agreements in a sentence
Atlas will assume pursuant to the Plan its other indemnification obligations under the Participation Agreements and Tax Indemnity Agreements.
The Tax Matters Partner shall contest, at the request of a Mojave Owner or its indemnitor, any proposed adjustment by the Internal Revenue Service or any state or local taxing authority to the extent and subject to the conditions, including the payment of all fees and expenses, set forth in any of the Tax Indemnity Agreements, as the same may be amended from time to time.
This Agreement, the Demise Charters, the Tax Indemnity Agreements, the Guarantee, the Assignments, and each of the other Transaction Documents shall have been duly executed and delivered by the parties thereto and shall be in full force and effect on the Closing Date, and an executed counterpart of each shall have been delivered to the Shipowner.
Further, the indemnification provided for hereunder shall not be the exclusive remedy with respect to any Losses occurring due to any matter covered by the Tax Indemnity Agreements, in connection with which the terms and provisions of the respective Tax Indemnity Agreements shall apply.
Prime shall indemnify and hold harmless, on an After Tax Basis, UpREIT against any amount due and payable to a Xxxxx Indemnitee or a Hadesman Indemnitee pursuant to the Tax Indemnity Agreements ("Indemnity Payment"), determined after taking into account all deductions, credits, or other federal and applicable state income tax benefits then realized by UpREIT and resulting from (a) such Indemnity Payment, or (b) the receipt of any indemnity payment made under this Agreement.