Common use of Fiscal Unity Clause in Contracts

Fiscal Unity. The Company was part of a Fiscal Unity ("fiscale ------------ eenheid") with ▇▇▇▇▇▇ Holding B.V. and Chalud Holding B.V. for value added tax purposes only. In the event the Company would be liable for any taxes, costs and/or expenses as a consequence of the Fiscal Unity, and such liability would impose an obligation on the Shareholders to indemnify the DoveBid Indemnitees, Damages resulting therefrom shall be due by Chalud Holding BV and the other Shareholders shall not be liable for such Damages.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Dovebid Inc), Stock Purchase Agreement (Dovebid Inc)