Inaccurate or Incomplete Information. Duke Energy shall indemnify Spectra Energy, each Spectra Energy Affiliate, and their respective directors, officers and employees, and hold them harmless from and against any cost, fine, penalty, or other expenses of any kind attributable to the failure of Duke Energy or any Duke Energy Affiliate to supply Spectra Energy or any Spectra Energy Affiliate with accurate and complete information in connection with the preparation of any Tax Return. Spectra Energy and each Spectra Energy Affiliate (other than the Excluded Spectra Energy Affiliates) shall jointly and severally indemnify Duke Energy, each Duke Energy Affiliate, and their respective directors, officers and employees, and hold them harmless from and against any cost, fine, penalty, or other expenses of any kind attributable to the failure of Spectra Energy or any Spectra Energy Affiliate to supply Duke Energy or any Duke Energy Affiliate with accurate and complete information in connection with the preparation of any Tax Return.
Appears in 3 contracts
Sources: Tax Matters Agreement (Spectra Energy Corp.), Tax Matters Agreement (Duke Energy CORP), Tax Matters Agreement (Spectra Energy Corp.)