Common use of General Tax Indemnity-Payment Clause in Contracts

General Tax Indemnity-Payment. Except as provided in Section 29(b)(iv) hereof, Sublessee shall pay any Tax for which it is liable pursuant to Section 29(b)(i) directly to the appropriate taxing authority if legally permissible or upon demand of a Tax Indemnitee or Sublessor shall pay such Tax and any other amounts due hereunder to such Tax Indemnitee or to Sublessor as indicated in such demand within ten (10) Business Days of such demand. Any such demand for payment from a Tax Indemnitee or Sublessor shall specify in reasonable detail the payment and the facts upon which the right to payment is based. Sublessor shall request that the Tax Indemnitee promptly forward to Sublessee a copy of any notice, xxxx or advice received by it to the extent concerning any Tax indemnified against hereunder, (provided that the failure of the Sublessor to make such request or the failure of the Tax Indemnitee to forward such notice, xxxx or advice shall not adversely affect the Sublessor’s or Tax Indemnitee’s rights to indemnification hereunder). Within twenty (20) days after the date of each payment by Sublessee of any Tax indemnified against hereunder, Sublessee shall furnish the appropriate Tax Indemnitee (with a copy to Sublessor) the original or a certified copy of a receipt for Sublessee’s payment of such Tax or such other evidence of payment of such Tax as is reasonably acceptable to such Tax Indemnitee.

Appears in 2 contracts

Samples: Sublease Agreement (Mair Holdings Inc), Sublease Agreement (Pinnacle Airlines Corp)

AutoNDA by SimpleDocs

General Tax Indemnity-Payment. Except as provided in Section 29(b)(iv7(b)(iv) hereof, Sublessee Lessee shall pay any Tax for which it is liable pursuant to this Section 29(b)(i7(b) directly to the appropriate taxing authority if legally permissible or upon demand of a Tax Indemnitee or Sublessor shall pay such Tax and any other amounts due hereunder to such Tax Indemnitee or to Sublessor as indicated in such demand within ten fifteen (1015) Business Days of such demand, but in no event shall any such payments be required to be made by Lessee more than five (5) Business Days prior to the date the Tax to which any such payment hereunder relates is due in immediately available funds. Any such demand for payment from a Tax Indemnitee or Sublessor shall specify in reasonable detail the payment and the facts upon which the right to payment is based. Sublessor shall request that the Each Tax Indemnitee shall promptly forward to Sublessee a copy of Lessee any notice, xxxx or advice received by it to the extent concerning any Tax indemnified against hereunderTax, (provided PROVIDED, HOWEVER, that the failure of the Sublessor to make such request or the failure of the any Tax Indemnitee to forward any such notice, xxxx or advice shall not adversely affect the Sublessor’s or otherwise prejudice such Tax Indemnitee’s 's rights to indemnification hereunder)under this Section 7(b) unless such failure materially adversely affects the ability to contest any claim reflected therein. Within twenty thirty (2030) days after the date of each payment by Sublessee Lessee of any Tax indemnified against hereunder, Sublessee Lessee shall furnish the appropriate Tax Indemnitee (with a copy to Sublessor) the original or a certified copy of a receipt for Sublessee’s Lessee's payment of such Tax or such other evidence of payment of such Tax as is reasonably acceptable to such Tax Indemnitee.

Appears in 2 contracts

Samples: Participation Agreement (Northwest Airlines Corp), Participation Agreement (Northwest Airlines Inc /Mn)

General Tax Indemnity-Payment. Except as provided in Section 29(b)(iv7 (b) (iv) hereof, Sublessee Lessee shall pay any Tax for which it is liable pursuant to Section 29(b)(i) directly to the appropriate taxing authority if legally permissible or and upon demand of a Tax an Indemnitee or Sublessor shall pay such Tax and any other amounts due hereunder to such Tax Indemnitee or to Sublessor as indicated in such demand within ten (10) 20 Business Days of such demand, but in no event shall any such payments be made more than 10 Business Days prior to the date the Tax to which any such payment hereunder relates is due (unless Lessee has not received such demand at least 15 Business Days prior to such date in which case within five Business Days after receipt of such demand), in immediately available funds. Any such demand for payment from a Tax an Indemnitee or Sublessor shall specify in reasonable detail the payment and the facts upon which the right to payment is based. Sublessor Each PARTICIPATION AGREEMENT (1992 757 [__]) Indemnitee shall request that the Tax Indemnitee promptly forward to Sublessee a copy of Lessee any notice, xxxx or advice received by it to the extent concerning any Tax indemnified against hereunder, (provided that the failure of the Sublessor to make such request or the failure of the Tax Indemnitee to forward such notice, xxxx or advice shall not adversely affect the Sublessor’s or Tax Indemnitee’s rights to indemnification hereunder). Within twenty (20) days As soon as practicable after the date of each payment by Sublessee Lessee of any Tax indemnified against hereunder, Sublessee Lessee shall furnish the appropriate Tax Indemnitee (with a copy to Sublessor) the original or a certified copy of a receipt for Sublessee’s Lessee's payment of such Tax or such other evidence of payment Payment of such Tax as is reasonably acceptable to such Tax Indemnitee. Lessee shall also furnish promptly upon request such data as any Indemnitee may reasonably require to enable such Indemnitee to comply with the requirements of any taxing jurisdiction.

Appears in 1 contract

Samples: Participation Agreement (United Air Lines Inc)

General Tax Indemnity-Payment. Except as provided -------------------------------- in Section 29(b)(iv7(b)(iv) hereof, Sublessee Lessee shall pay any Tax for which it is liable pursuant to Section 29(b)(i) directly to the appropriate taxing authority if legally permissible or and upon demand of a Tax Indemnitee or Sublessor shall pay such Tax and any other amounts due hereunder to such Tax Indemnitee or to Sublessor as indicated in such demand within ten (10) 20 Business Days of such demand, but in no event shall any such payments be made more than 10 Business Days prior to the date the Tax to which any such payment hereunder relates is due (unless Lessee has not received such demand at least 15 Business Days prior to such date in which case within five Business Days after receipt of such demand), in immediately available funds. Any such demand for payment from a Tax Indemnitee or Sublessor shall specify in reasonable detail detail, the payment and the facts upon which the right to payment is based. Sublessor shall request that the Each Tax Indemnitee shall promptly forward to Sublessee a copy of Lessee any notice, xxxx or advice received [First Amended and Restated Participation Agreement (1989 I)] by it to the extent concerning any Tax indemnified against hereunder, (provided that the failure of the Sublessor to make such request or the failure of the Tax Indemnitee to forward such notice, xxxx or advice shall not adversely affect the Sublessor’s or Tax Indemnitee’s rights to indemnification hereunder). Within twenty (20) days As soon as practicable after the date of each payment by Sublessee Lessee of any Tax indemnified against hereunder, Sublessee Lessee shall furnish the appropriate Tax Indemnitee (with a copy to Sublessor) the original or a certified copy of a receipt for Sublessee’s Lessee's payment of such Tax or such other evidence of payment of such Tax as is reasonably acceptable to such Tax Indemnitee. Lessee shall also furnish promptly upon request such data as any Tax Indemnitee may reasonably require to enable such Tax Indemnitee to comply with the requirements of any taxing jurisdiction.

Appears in 1 contract

Samples: Participation Agreement (United Air Lines Inc)

General Tax Indemnity-Payment. Except as provided in Section 29(b)(iv7(b)(iv) hereof, Sublessee the Owner shall pay any Tax for which it is liable pursuant to this Section 29(b)(i7(b) directly to the appropriate taxing authority if legally permissible or upon demand of a Tax Indemnitee or Sublessor shall pay such Tax and any other amounts due hereunder to such Tax Indemnitee or to Sublessor as indicated in such demand within ten fifteen (1015) Business Days of such demand, but in no event shall any such payments be required to be made by the Owner more than five (5) Business Days prior to the date the Tax to which any such payment hereunder relates is due in immediately available funds. Any such demand for payment from a Tax Indemnitee or Sublessor shall specify in reasonable detail the payment and the facts upon which the right to payment is based. Sublessor shall request that the Each Tax Indemnitee shall promptly forward to Sublessee a copy of the Owner any notice, xxxx or advice received by it to the extent concerning any Tax indemnified against hereunderTax, (provided PROVIDED, HOWEVER, that the failure of the Sublessor to make such request or the failure of the any Tax Indemnitee to forward any such notice, xxxx or advice shall not adversely affect the Sublessor’s or otherwise prejudice such Tax Indemnitee’s 's rights to indemnification hereunder)under this Section 7(b) unless such failure materially adversely affects the ability to contest any claim reflected therein. Within twenty thirty (2030) days after the date of each payment by Sublessee the Owner of any Tax indemnified against hereunder, Sublessee the Owner shall furnish the appropriate Tax Indemnitee (with a copy to Sublessor) the original or a certified copy of a receipt for Sublessee’s the Owner's payment of such Tax or such other evidence of payment of such Tax as is reasonably acceptable to such Tax Indemnitee.

Appears in 1 contract

Samples: Participation Agreement (Northwest Airlines Inc /Mn)

AutoNDA by SimpleDocs

General Tax Indemnity-Payment. Except as provided in Section 29(b)(iv) hereofUnless otherwise -------------------------------- requested by the appropriate Indemnified Person, Sublessee the Lessee shall if appropriate pay any Tax for which it is liable pursuant to Section 29(b)(i) this Article VIII directly to the appropriate taxing authority if legally permissible or upon demand of a Tax Indemnitee or Sublessor and shall pay to such Tax and Indemnified Person promptly on demand in immediately available funds any other amounts amount due hereunder such Indemnified Person pursuant to this Article VIII with respect to such Tax Indemnitee Tax; provided that Lessee shall not be required to pay to or for the account of any Indemnified Person that is not a party to Sublessor as indicated in this Agreement unless and until such demand within ten (10) Business Days Indemnified Person shall have agreed to be bound by the provisions of such demandthis Article VIII. Any such demand for payment from a Tax Indemnitee or Sublessor Each Indemnified Person shall specify in reasonable detail the payment and the facts upon which the right to payment is based. Sublessor shall request that the Tax Indemnitee promptly forward to Sublessee a copy of the Lessee any notice, xxxx or advice received by it concerning any Tax subject to indemnification under this Article VIII (but the failure to so notify the Lessee shall not affect the Lessee's obligations hereunder except to the extent concerning any Tax indemnified against hereunder, (provided that such failure precludes the failure of the Sublessor Lessee's ability to make contest such request or the failure of the Tax Indemnitee to forward such notice, xxxx or advice shall not adversely affect the Sublessor’s claim or Tax Indemnitee’s rights to indemnification hereunderor increases any applicable fine or penalty). Within twenty (20) 30 days after the date of each payment by Sublessee the Lessee of any Tax indemnified against hereunderor if later, Sublessee ten days after receiving a receipt for such payment, the Lessee shall furnish the appropriate Tax Indemnitee (Indemnified Person with a copy to Sublessor) the original or a certified copy of a receipt for Sublessee’s the Lessee's payment of such Tax or such other evidence of payment of such Tax as is reasonably acceptable to such Indemnified Person. The Lessee shall also furnish promptly upon request such data as any Indemnified Person may require to enable such Indemnified Person to comply with the requirements of any taxing jurisdiction. Any amount payable to the Lessee by an Indemnified Person pursuant to this Article VIII shall be payable in immediately available funds 30 days after the date on which the Tax Indemniteereturn which reflects such Tax savings is required to be filed (whether in the normal course or pursuant to any properly requested and allowed extensions of a filing date). The obligations of an Indemnified Person hereunder shall survive termination of this Agreement.

Appears in 1 contract

Samples: Participation Agreement (SDW Holdings Corp)

General Tax Indemnity-Payment. Except as provided in Section 29(b)(iv7(b)(iv) hereof, Sublessee the Owner shall pay any Tax for which it is liable pursuant to this Section 29(b)(i7(b) directly to the appropriate taxing authority if legally permissible or upon demand of a Tax Indemnitee or Sublessor shall pay such Tax and any other amounts due hereunder to such Tax Indemnitee or to Sublessor as indicated in such demand within ten fifteen (1015) Business Days of such demand, but in no event shall any such payments be required to be made by the Owner more than five (5) Business Days prior to the date the Tax to which any such payment hereunder relates is due in immediately available funds. Any such demand for payment from a Tax Indemnitee or Sublessor shall specify in reasonable detail the payment and the facts upon which the right to payment is based. Sublessor shall request that the Each Tax Indemnitee shall promptly forward to Sublessee a copy of the Owner any notice, xxxx or advice received by it to the extent concerning any Tax indemnified against hereunderTax, (provided provided, however, that the failure of the Sublessor to make such request or the failure of the any Tax Indemnitee to forward any such notice, xxxx or advice shall not adversely affect the Sublessor’s or otherwise prejudice such Tax Indemnitee’s rights to indemnification hereunder)under this Section 7(b) unless such failure materially adversely affects the ability to contest any claim reflected therein. Within twenty thirty (2030) days after the date of each payment by Sublessee the Owner of any Tax indemnified against hereunder, Sublessee the Owner shall furnish the appropriate Tax Indemnitee (with a copy to Sublessor) the original or a certified copy of a receipt for Sublesseethe Owner’s payment of such Tax or such other evidence of payment of such Tax as is reasonably acceptable to such Tax Indemnitee.

Appears in 1 contract

Samples: Participation Agreement (Northwest Airlines Corp)

General Tax Indemnity-Payment. Except as provided in Section 29(b)(iv7(b)(iv) hereof, Sublessee the Owner shall pay any Tax for which it is liable pursuant to this Section 29(b)(i7(b) directly to the appropriate taxing authority if legally permissible or upon demand of a Tax Indemnitee or Sublessor shall pay such Tax and any other amounts due hereunder to such Tax Indemnitee or to Sublessor as indicated in such demand within ten fifteen (1015) Business Days of such demand, but in no event shall any such payments be required to be made by the Owner more than five (5) Business Days prior to the date the Tax to which any such payment hereunder relates is due in immediately available funds. Any such demand for payment from a Tax Indemnitee or Sublessor shall specify in reasonable detail the payment and the facts upon which the right to payment is based. Sublessor shall request that the Each Tax Indemnitee shall promptly forward to Sublessee a copy of the Owner any notice, xxxx or advice received by it to the extent concerning any Tax indemnified against hereunderTax, (provided provided, however, that the failure of the Sublessor to make such request or the failure of the any Tax Indemnitee to forward any such notice, xxxx or advice shall not adversely affect the Sublessor’s or otherwise prejudice such Tax Indemnitee’s 's rights to indemnification hereunder)under this Section 7(b) unless such failure materially adversely affects the ability to contest any claim reflected therein. Within twenty thirty (2030) days after the date of each payment by Sublessee the Owner of any Tax indemnified against hereunder, Sublessee the Owner shall furnish the appropriate Tax Indemnitee (with a copy to Sublessor) the original or a certified copy of a receipt for Sublessee’s the Owner's payment of such Tax or such other evidence of payment of such Tax as is reasonably acceptable to such Tax Indemnitee.

Appears in 1 contract

Samples: Participation Agreement (Northwest Airlines Inc /Mn)

Time is Money Join Law Insider Premium to draft better contracts faster.