Common use of Method for Making Payments Clause in Contracts

Method for Making Payments. All payments required to be made under this Agreement shall be made by Viking directly to Parent or SpinCo, as applicable, and by Parent or SpinCo, as applicable, directly to Viking; provided, however, that if the Parties mutually agree with respect to any such indemnification payment, any member of the Viking Group, on the one hand, may make such indemnification payment to any member of the Parent Group or SpinCo Group, as applicable, on the other hand, and vice versa.

Appears in 2 contracts

Sources: Tax Matters Agreement (Neogen Corp), Tax Matters Agreement (Neogen Corp)