Common use of Procedural Matters Clause in Contracts

Procedural Matters. Any written notice delivered to the indemnifying party in accordance with Section 9.5 shall show the amount due and owing together with a schedule calculating in reasonable detail such amount (and shall include any relevant Tax Return, statement, ▇▇▇▇ or invoice related to such Taxes, costs, expenses or other amounts due and owing). All payments required to be made by one party to the other party pursuant to this Section 4 shall be made by electronic, same day wire transfer. Payments shall be deemed made when received. If the indemnifying party fails to make a payment to the indemnified party within the time period set forth in this Section 4, the indemnifying party shall pay to the indemnified party, in addition to interest that accrues pursuant to Section 4.4, any costs or expenses, including any breakage costs, incurred by the indemnified party to secure such payment or to satisfy the indemnifying party’s portion of the obligation giving rise to the indemnification payment.

Appears in 7 contracts

Sources: Tax Matters Agreement (Kimberly Clark Corp), Tax Matters Agreement (Halyard Health, Inc.), Tax Matters Agreement (Halyard Health, Inc.)

Procedural Matters. Any written notice for indemnification delivered to the indemnifying party Party in accordance with Section 9.5 shall show state the amount due and owing together with a schedule calculating in reasonable detail such amount (and shall include any relevant Tax Return, statement, ▇▇▇▇ or invoice related to such Taxes, costs, expenses or other amounts due and owing). All payments required to be made by one party Party to the other party Party pursuant to this Section 4 Article IV shall be made by electronic, same day wire transfer. Payments shall be deemed made when received. If the indemnifying party Party fails to make a payment to the indemnified party Party within the time period set forth in this Section 4Article IV, the indemnifying party Party shall pay to the indemnified partyParty, in addition to interest that accrues pursuant to Section 4.4, any costs or expenses, including any breakage costs, incurred by the indemnified party Party to secure such payment or to satisfy the indemnifying partyParty’s portion of the obligation giving rise to the indemnification payment.

Appears in 3 contracts

Sources: Tax Sharing Agreement (Babcock & Wilcox Co), Tax Sharing Agreement (McDermott International Inc), Tax Sharing Agreement (Babcock & Wilcox Co)

Procedural Matters. Any written notice delivered to the indemnifying party in accordance with Section 9.5 shall show the amount due and owing together with a schedule calculating in reasonable detail such amount (and shall include any relevant Tax Return, statement, ▇▇▇▇, or invoice related to such Taxes, costs, expenses expenses, or other amounts due and owing). All payments required to be made by one party to the other party pursuant to this Section 4 shall be made by electronic, same day wire transfer. Payments shall be deemed made when received. If the indemnifying party fails to make a payment to the indemnified party within the time period set forth in this Section 4, the indemnifying party shall pay to the indemnified party, in addition to interest that accrues pursuant to Section 4.4, any costs or expenses, including any breakage costs, incurred by the indemnified party to secure such payment or to satisfy the indemnifying party’s portion of the obligation giving rise to the indemnification payment.

Appears in 2 contracts

Sources: Tax Matters Agreement (Autoliv Inc), Tax Matters Agreement (Veoneer, Inc.)

Procedural Matters. Any written notice requesting payment delivered to the indemnifying party in accordance with Section 9.5 9.7 shall show the amount due and owing together with a schedule calculating in reasonable detail such amount (and shall include any relevant Tax Return, statement, ▇▇▇▇ or invoice related to such Taxes, costs, expenses or other amounts due and owing). All payments required to be made by one party to the other party pursuant to this Section 4 Article IV shall be made by electronic, same day wire transfer. Payments shall be deemed made when received. If the indemnifying party fails to make a payment to the indemnified party within the time period set forth in this Section 4Article IV, the indemnifying party shall pay to the indemnified party, in addition to interest that accrues pursuant to Section 4.4, any costs or expenses, including any breakage costs, expenses incurred by the indemnified party to secure such payment or to satisfy the indemnifying party’s portion of the obligation giving rise to the indemnification payment.

Appears in 1 contract

Sources: Tax Sharing Agreement (New Corp)