Additional Indemnification Provisions. (a) With respect to each indemnification obligation under this Agreement (i) each such obligation shall be calculated on an After-Tax Basis and (ii) all Losses shall be net of any third-party insurance proceeds that have been recovered or are recoverable by the Indemnified Party in connection with the facts giving rise to the right of indemnification.
Appears in 6 contracts
Samples: Stock Purchase Agreement, Stock Purchase Agreement, Stock Purchase Agreement
Additional Indemnification Provisions. (a) With respect to each indemnification obligation under contained in this Agreement (i) each such obligation shall be calculated on an After-Tax Basis and (ii) all Losses shall be net of any third-party insurance proceeds that have been actually recovered or are recoverable by the Indemnified Party in connection with the facts giving rise to the right of indemnification.
Appears in 5 contracts
Samples: Services Agreement, Services Agreement (NBCUniversal Media, LLC), Transition Services Agreement (NBCUniversal Media, LLC)
Additional Indemnification Provisions. (a) With respect to each indemnification obligation under in this Agreement (i) each such obligation shall be calculated on an After-Tax Basis and (ii) all Losses shall be net of any thirdactual non-party insurance proceeds that have been recovered or are recoverable by refundable recoveries to the Indemnified Party described in connection with the facts giving rise to the right of indemnificationSection 16.6(b).
Appears in 2 contracts
Samples: Trust Agreement (Talcott Resolution Life Insurance Co), Trust Agreement (Talcott Resolution Life Insurance Co)
Additional Indemnification Provisions. (a) With respect to each indemnification obligation under in this Agreement (i) each such obligation shall be calculated on an After-Tax Basis and (ii) all Losses shall be net of any thirdactual non-party insurance proceeds that have been recovered or are recoverable by refundable recoveries to the Indemnified Party described in connection with the facts giving rise to the right of indemnificationSection 13.06(b).
Appears in 2 contracts
Samples: Stock and Asset Purchase Agreement (Hartford Financial Services Group Inc/De), Stock and Asset Purchase Agreement
