Common use of Procedures Relating to Indemnification of Tax Claims Clause in Contracts

Procedures Relating to Indemnification of Tax Claims. (a) If a claim shall be made by any Taxing Authority for which Seller is or may be liable pursuant to this Agreement, Buyer shall notify Seller in writing within ten (10) Business Days of receipt by Buyer of notice of such claim (a “Tax Claim”).

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Buckeye Partners, L.P.), Purchase and Sale Agreement (Buckeye Partners L P)

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Procedures Relating to Indemnification of Tax Claims. (a) If a claim shall be made by any Taxing Authority Governmental Authority, for which Seller is or may be liable pursuant to this Agreement, the Buyer shall notify Seller in writing within ten (10) Business Days of receipt by Buyer of notice days of such claim (a "Tax Claim").

Appears in 1 contract

Samples: Purchase and Sale Agreement (Crosstex Energy Lp)

Procedures Relating to Indemnification of Tax Claims. (a) If a claim shall be made by any Taxing Authority for which Seller is the Partners are or may be liable pursuant to this Agreement, Buyer Regency shall notify Seller the Partners in writing within ten (10) 10 Business Days of receipt by Buyer Regency of notice of such claim (a “Tax Claim”).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Regency Energy Partners LP)

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Procedures Relating to Indemnification of Tax Claims. (a) If a claim shall be made by any Taxing Authority Authority, for which Seller is or may be liable pursuant to this Agreement, Buyer Buyers shall notify Seller in writing within ten (10) Business Days business days of receipt by Buyer Buyers of notice of such claim (a “Tax Claim”). Failure to give prompt notice shall not affect the indemnification obligations hereunder in the absence of actual prejudice.

Appears in 1 contract

Samples: Purchase and Sale Agreement (RGC Resources Inc)

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