Definition of Tax Indemnity Claim


Tax Indemnity Claim means a claim against the Seller under or in connection with Schedule 27 (Tax Matters).
Sample 1

Examples of Tax Indemnity Claim in a sentence

An Increased Tax Indemnity Claim shall include a detailed explanation of the calculation of the Increased Taxes and Gross Up Payment, which calculations shall be prepared by a certified public accountant of such Shareholder's choosing.
The Buyer must take reasonable action to mitigate any loss, Liability, costs or other damage suffered as a result of a breach of a Sellers' Warranty, a Tax Indemnity Claim or a Claim under the indemnity contained in clause 11.7.
An Increased Tax Indemnity Claim shall include a reasonably detailed explanation of the calculation of the Increased Taxes and Gross Up Payment, which calculations shall be prepared by a certified public accountant who holds an active CPA license of such Shareholder's choosing.
An Increased Tax Indemnity Claim shall include a detailed explanation of the calculation of the Increased Taxes and Gross Up Payment, which calculations shall be prepared by a certified public accountant of such Shareholders choosing.