Common use of Determination of Loss Amount Clause in Contracts

Determination of Loss Amount. The amount of any Loss subject to indemnification under Section 9.02 or Section 9.03 shall be calculated net of (i) any Tax Benefit inuring to the Indemnitee on account of such Loss and (ii) any insurance proceeds received by the Indemnitee on account of such Loss. If the Indemnitee receives a Tax Benefit after an indemnification payment is made to it, the Indemnitee shall promptly pay to the Person or Persons that made such indemnification payment the amount

Determination of Loss Amount. The amount of any Loss subject to indemnification under Section 9.02 or Section 9.03 shall be calculated net of (i) any Tax Benefit inuring to realized by the Indemnitee or its Affiliates on account of such Loss and (ii) any insurance proceeds received or any indemnity, contribution or other similar payment recovered by the Indemnitee on account from any third party with respect thereto; provided that the amount deemed to be so recovered under any insurance policy shall be net of (i) the applicable deductible for such Loss. If the Indemnitee receives a Tax Benefit after an indemnification payment is made to it, the Indemnitee shall promptly pay to the Person or Persons that made such indemnification payment the amountpolicies and (ii) any

Determination of Loss Amount. (a) The amount of any Loss subject to indemnification under Section 9.02 or Section 9.03 7.2 shall be calculated net of (i) any Tax Benefit inuring to the Indemnitee on account of such Loss and (ii) any insurance proceeds (net of direct collection expenses) or any indemnity, contribution or other similar payment actually received by the Indemnitee on account of such Loss. If the Indemnitee receives a Tax Benefit after an indemnification payment is made to it, the Indemnitee shall promptly pay to the Person or Persons that made such indemnification payment the amountIndemnified Party from any third party with respect thereto.

Determination of Loss Amount. The amount of any Loss subject to indemnification under Section 9.02 7.2 or Section 9.03 7.3 shall be calculated net of taking into account (i) any Tax Benefit inuring to the Indemnitee on account of such Loss and (ii) any insurance proceeds received actually realized in cash by the Indemnitee on account of such Loss. If , (ii) any reserves or liabilities set forth in the Indemnitee receives a Tax Benefit after an Financial Statements and/or Closing Statement relating to such Loss and (iii) any insurance proceeds or other amounts under indemnification payment is made to it, the Indemnitee shall promptly pay to the Person or Persons that made such indemnification payment the amountagreements received by

Determination of Loss Amount. The amount of any Loss subject to indemnification under Section 9.02 or Section 9.03 shall be calculated net of (i) any Tax Benefit inuring to the Indemnitee on account of such Loss and Loss, (ii) any reserves set forth in the Financial Statements and/or Closing Statement relating to such Loss and (iii) any insurance proceeds or other amounts under indemnification agreements received by the Indemnitee on account of such Loss. If the Indemnitee receives a Tax Benefit on account of such Loss after an indemnification payment is made to it, the Indemnitee shall promptly pay to the Person or Persons that made such indemnification payment the amountindemnification