Common use of Characterization of Indemnity Payments Clause in Contracts

Characterization of Indemnity Payments. Except as otherwise required by applicable Law, any payment made pursuant to this Article 9 shall be treated, for Tax purposes, as an adjustment to the Purchase Price.

Appears in 1 contract

Samples: Asset Purchase Agreement (Escalade Inc)

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Characterization of Indemnity Payments. Except as otherwise required by applicable Lawlaw, any payment made pursuant to this Article 9 11 shall be treated, for financial accounting and Tax purposes, as an adjustment to the Purchase Price.

Appears in 1 contract

Samples: Asset Purchase Agreement (Iec Electronics Corp)

Characterization of Indemnity Payments. (a) Except as otherwise required by applicable Law, any payment made pursuant to this Article 9 10 shall be treated, for Tax purposes, as an adjustment to the Purchase Price.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Usi Holdings Corp)

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Characterization of Indemnity Payments. Except as otherwise required by applicable Law, any payment made pursuant to this Article 9 10 shall be treated, for Tax purposes, as an adjustment to the Purchase Price.

Appears in 1 contract

Samples: Asset and Stock Purchase Agreement (Systems & Computer Technology Corp)

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