Common use of Grossed up for Tax Clause in Contracts

Grossed up for Tax. Where a payment by way of indemnity is required to be made under this Agreement, it will be Grossed up for Tax if, and to the extent necessary, in order to preserve or restore the recipient’s economic position having regard to all relevant matters including:

Grossed up for Tax. Where a payment by way of indemnity indemnity, compensation or reimbursement is required to be made under this Agreement, it will be Grossed up for Tax if, and to the extent necessary, in order to preserve or restore the recipient’s economic position having regard to all relevant matters including: