Common use of Characterization of Indemnity Payments Clause in Contracts

Characterization of Indemnity Payments. The parties agree that any indemnification payments made pursuant to this Agreement shall be treated for tax purposes as an adjustment to purchase price, unless otherwise required by applicable law.

Appears in 1 contract

Samples: Asset Purchase Agreement (Charter Communications Holdings Capital Corp)

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Characterization of Indemnity Payments. The Unless otherwise required by applicable law, the parties agree that any indemnification payments made pursuant to this Agreement shall be treated for tax purposes as an adjustment to purchase price, unless otherwise required by applicable lawthe Merger Consideration.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Razorfish Inc)

Characterization of Indemnity Payments. The parties Parties agree that any indemnification payments made pursuant to this Agreement shall be treated for tax Tax purposes as an adjustment to purchase price, the Aggregate Consideration unless otherwise required by applicable lawLaw.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Idt Corp)

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Characterization of Indemnity Payments. The parties Parties hereto agree that any indemnification payments payment made pursuant to this Agreement shall be treated for tax purposes as an adjustment to purchase price, unless otherwise required by applicable lawthe Merger Consideration for all Tax purposes.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Entremed Inc)

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