Tax Indemnity definition

Tax Indemnity means the deed of covenant against taxation, in the Agreed Terms, to be entered into on the Closing Date between the Seller and the Purchaser;

Tax Indemnity the deed of indemnity to be given by each of the Vendors in favour of the Purchaser and the Group in such form and substance as may be satisfactory and acceptable to the Purchaser;

Tax Indemnity means the indemnity in respect of certain Taxation matters referred to in clause 10;

Examples of Tax Indemnity in a sentence

• The Lai Fung Tax Indemnity Deed assumes that the Property Interests are disposed of at the values attributed to them in the Valuation, computed by reference to the rates and legislation governing PRC income tax and LAT prevailing at the time of the Valuation.

• A claim can be made on or prior to the seventh anniversary of the Deed of Tax Indemnity.

• For the avoidance of doubt, any Tax Relief or other Tax benefit that arises to an Indemnified Entity or the Head Company in respect of the matters set out in clause 17.1(f) will not reduce any amount payable by the Preference Unit Holder under the Tax Indemnity.

• Where payments for the Contract Price are made directly by the financiers to the Contractor, the Contractor and the financiers shall make the necessary arrangements with Employer to ensure that withholding income tax is remitted to the Kenya Revenue Authority.d) Tax Indemnity i.

• For the avoidance of doubt, the provisions of this Clause 8.2 shall not apply to any withholding or deductions of Taxes with respect to the Loan which are subject to payment of Additional Amounts under Clause 8.1 (Additional Amounts).If the Lender intends to make a claim for any Tax Indemnity Amounts, it shall promptly notify the Borrower thereof.

More Definitions of Tax Indemnity

Tax Indemnity means the deed of covenant against Taxation in the Agreed Terms to be entered into at Closing;

Tax Indemnity means the deed of covenant against Taxation in the Agreed Terms to be entered into on or around the date of this Agreement and a “Tax Indemnity Claim” means a claim for breach of, or under, the Tax Indemnity;

Tax Indemnity has the meaning set forth in Section 11.6.

Tax Indemnity means the indemnity set out in paragraph 2 of Schedule 7 (Tax);

Tax Indemnity has the meaning set forth in Section 4.04.

Tax Indemnity means the indemnity relating to Tax in Schedule 13 (Tax Indemnity);

Tax Indemnity means an indemnity given by the Crown under this Part 13;