Payment of Costs of Post-Issuance Tax Requirements and Indemnifications Clause Samples
Payment of Costs of Post-Issuance Tax Requirements and Indemnifications. Neither the County nor the Trustee is required to incur any cost in connection with any action taken related to the Post-Issuance Tax Requirements, it being the intent of the parties that all costs of the Post-Issuance Tax Requirements will be paid by, or immediately reimbursed by, the Corporation. With respect to all actions requested of the County by the Corporation involving Post-Issuance Tax Requirements, the County is entitled to recover from the Corporation all legal and other fees and expenses incurred and has all rights of indemnification against the Corporation generally contained in the Loan Agreement and the Indenture.
Payment of Costs of Post-Issuance Tax Requirements and Indemnifications. Neither the Issuer nor the Bond Trustee is required to incur any cost in connection with any action taken related to the Post-Issuance Tax Requirements, it being the intent of the parties that all costs of the Post-Issuance Tax Requirements will be paid by, or immediately reimbursed by, the Institution. With respect to all actions requested of the Issuer by the Institution involving Post-Issuance Tax Requirements, the Issuer is entitled to recover from the Institution all legal and other fees and expenses incurred and has all rights of indemnification against the Institution generally contained in the Lease Agreement and the Indenture.