Common use of After-Tax Indemnification Payments Clause in Contracts

After-Tax Indemnification Payments. Except as otherwise expressly provided herein or in a Related Agreement, any indemnification payment made by any Indemnifying Party under this Article V shall be computed by taking into account the value of any and all applicable deductions, losses, credits, offsets or other items for Federal, State or other Tax purposes attributable to the payment of the Indemnified Losses by the Indemnified Party attributable to receipt of the indemnification payment.

After-Tax Indemnification Payments. Except as otherwise expressly provided herein or in a Related Agreement, any Any indemnification payment made by any Indemnifying Party under this Article V VIII shall be computed by taking into account the value of any and all applicable deductions, losses, credits, offsets or other items for Federalforeign, State federal, state or other Tax tax purposes attributable to the payment of the Indemnified Losses indemnified liability by the Indemnified Party indemnified party and any tax incurred by the indemnified party attributable to receipt of the indemnification payment.