Common use of Tax Items Clause in Contracts

Tax Items. Except to the extent already provided for in this Agreement, the amount of any indemnification payment required hereunder shall take into account the Tax Benefit, if any, allowable to the indemnified Party resulting from the event giving rise to such indemnification payment and additional Taxes, if any, incurred by the indemnified Party resulting from such indemnification and any additional indemnification payment required by this section. The Parties will cooperate with each other to determine the amounts described in this section. This Section 8.4 shall not apply to subsection 2.2(c).

Appears in 2 contracts

Sources: Tax Allocation Agreement (United Wisconsin Services Inc /Wi), Tax Allocation Agreement (Newco Uws Inc)

Tax Items. Except to the extent already provided for in this Agreement, the amount of any indemnification payment required hereunder shall take into account the Tax Benefit, if any, allowable to the indemnified Party resulting from the event giving rise to such indemnification payment and additional Taxes, if any, incurred by the indemnified Party resulting from such indemnification and any additional indemnification payment required by this section. The Parties will cooperate with each other to determine the amounts described in this section. This Section 8.4 7.4 shall not apply to subsection 2.2(c).

Appears in 2 contracts

Sources: Tax Sharing and Indemnification Agreement (Choicepoint Inc), Tax Sharing and Indemnification Agreement (Choicepoint Inc)