Tech Taxes definition

Tech Taxes means, without duplication, (i) 50% of all Transfer Taxes, (ii) the Tech Allocable Portion of any Taxes in respect of a Mixed Business Tax Return, and (iii) any Taxes in respect of any Single Business Tax Return related to the Tech Business.
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Tech Taxes means, without duplication, (i) any Taxes imposed on Tech (or any of its Subsidiaries) or Fuels (or any of its Subsidiaries) attributable to a Tech Disqualifying Action, (ii) the Tech Percentage of any Taxes imposed on Tech (or any of its Subsidiaries) or Fuels (or any of its Subsidiaries) attributable to both a Fuels Disqualifying Action and a Tech Disqualifying Action, (iii) 50% of all Transfer Taxes, (iv) the Tech Allocable Portion of any Taxes in respect of a Mixed Business Tax Return, and (v) any Taxes in respect of any Single Business Tax Return related to the Tech Business. For the avoidance of doubt, Tech Taxes shall not include any Taxes solely attributable to a Fuels Disqualifying Action.
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Examples of Tech Taxes in a sentence

  • Tech shall pay, and shall indemnify and hold the Fuels Group harmless from and against, without duplication, all Tech Taxes, (b) all Taxes incurred by Fuels or any Fuels Entity by reason of the breach by Tech of any of its representations, warranties or covenants hereunder, and (c) any external costs and expenses related to the foregoing (including reasonable attorneys’ fees and expenses but excluding any expenses described in Section 2.03).

  • Tech shall pay, and shall indemnify and hold the Automotive Group harmless from and against, without duplication, all Tech Taxes, (b) all Taxes incurred by Automotive or any Automotive Entity by reason of the breach by Tech of any of its representations, warranties or covenants hereunder, and (c) any external costs and expenses related to the foregoing (including reasonable attorneys’ fees and expenses but excluding any expenses described in Section 2.03).