Examples of Tax Indemnity Agreements in a sentence
Each of the Tax Indemnity Agreements (Federal Express Corporation Trust No. N581FE), dated as of May 1, 1997, among the Lessee, the Lessor and each Owner Participant.
Except for certain payments that may be made in connection with the Tax Indemnity Agreements and the Master Services Agreement, payments made in connection with all continuing transactions, if any, between members of the Distributing group and members of the Controlled group will be for approximately fair market value based on terms and conditions arrived at by the parties bargaining at arm’s length.
Atlas will assume pursuant to the Plan its other indemnification obligations under the Participation Agreements and Tax Indemnity Agreements.
Nothing in this Stipulation and Protocol shall be considered an amendment, modification, supplement or waiver to which the Owner Participants have consented for purposes of section 5(a)(2) of the Tax Indemnity Agreements and section 9.2(b) of the Participation Agreements.
The agreement by the Debtors to not seek to reject the Tax Indemnity Agreements in accordance with this Stipulation and Protocol (including not seeking such rejection on a nunc pro tunc basis to the Petition Date) shall be without prejudice to any arguments the Debtors or other parties may assert with respect to the allowance of claims arising under the Tax Indemnity Agreements and whether such claims are subject to the 502(b)(6) Cap.