Common use of Allocation of Certain Taxes Clause in Contracts

Allocation of Certain Taxes. Without limiting the Shareholders' indemnity obligations under Section 5.03 hereof, the Company and the Shareholders agree that if the Company is permitted but not required under applicable foreign, state or local Tax laws to treat the Closing Date as the last day of a taxable period, the Company and the Shareholders shall treat such day as the last day of a taxable period.

Appears in 1 contract

Samples: Stock Purchase Agreement (Interliant Inc)

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Allocation of Certain Taxes. Without limiting the Shareholders' --------------------------- indemnity obligations under Section 5.03 6.2 hereof, the Company Surviving Corporation and the Shareholders agree that if the Company is permitted but not required under applicable foreign, state or local Tax tax laws to treat the Closing Date as the last day of a taxable period, the Company Surviving Corporation and the Shareholders shall treat such day as the last day of a taxable period.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Interliant Inc)

Allocation of Certain Taxes. Without limiting the Shareholders' --------------------------- indemnity obligations under Section 5.03 6.03 hereof, the Company and the Shareholders agree that if the Company is permitted but not required under applicable foreign, state or local Tax laws to treat the Closing Date as the last day of a taxable period, the Company and the Shareholders shall treat such day as the last day of a taxable period.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Interliant Inc)

Allocation of Certain Taxes. Without limiting the Shareholders' --------------------------- indemnity obligations under Section 5.03 hereof, the Company and the Shareholders agree that if the Company is permitted but not required under applicable foreign, state or local Tax laws to treat the Closing Date as the last day of a taxable period, the Company and the Shareholders shall treat such day as the last day of a taxable period.

Appears in 1 contract

Samples: Stock Purchase Agreement (Interliant Inc)

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Allocation of Certain Taxes. Without limiting the Shareholders' indemnity obligations under Section 5.03 4.03 hereof, the Company Buyer and the Shareholders agree that if the Company is permitted but not required under applicable foreign, state or local Tax laws to treat the Closing Date as the last day of a taxable period, the Company Buyer and the Shareholders shall treat such day as the last day of a taxable period.

Appears in 1 contract

Samples: Stock Purchase Agreement (Castle Brands Inc)

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