Buyer Tax Indemnified Party definition

Buyer Tax Indemnified Party means Buyer, any of its Affiliates and, effective upon the Closing, the Transferred Entities.

Buyer Tax Indemnified Party means Buyer or any of its Affiliates (including, from and after the Closing, the Companies).

Buyer Tax Indemnified Party has the meaning set forth in Section 5.9(d).

Examples of Buyer Tax Indemnified Party in a sentence

• Any claim of any Buyer Tax Indemnified Party under this Section 7.04 may be made and enforced by Buyer on behalf of such Buyer Tax Indemnified Party and any claim of any Sellers Tax Indemnified Party may be enforced by any Seller or any Affiliate of a Seller on behalf of such Sellers Tax Indemnified Party.

• Each Lot on which a residential dwelling is constructed shall have and contain an underground water sprinkler system for the purpose of providing sufficient water to all front yards and all side yards not enclosed by solid fencing.

• The amount of any indemnification due from Sellers to any Buyer Tax Indemnified Party pursuant to the provisions of this Agreement shall be net of any actual Tax Benefit received by the Companies that are directly attributable to the Loss relating to such indemnity payment.