Common use of Time of Indemnification Payment Clause in Contracts

Time of Indemnification Payment. The Stockholders shall contribute to the capital of the Company any amounts calculated in accordance with this Section 3.4 within 30 business days after the first to occur of (i) the receipt of the refund from the appropriate Taxing Authority attributable to such adjustment, or (ii) delivery of a notice from the Company that a payment is due by the Company to the appropriate Taxing Authority.

Time of Indemnification Payment. The Stockholders shall contribute to the capital of the Company Parent any amounts calculated in accordance with this Section 3.4 within 30 business days after the first to occur of (i) the receipt of the refund from the appropriate Taxing Authority attributable to such adjustment, or (ii) delivery of a notice from the Company that a payment is due by the Company to the appropriate Taxing Authority.