Common use of Characterization of Payments Clause in Contracts

Characterization of Payments. Any indemnity payments made pursuant to Article 10 shall constitute an adjustment of the Aggregate Consideration paid by Purchaser pursuant to this Agreement for Tax purposes and shall be treated as such by all parties on their Tax Returns to the extent permitted by law.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Esports Entertainment Group, Inc.), Stock Purchase Agreement (Esports Entertainment Group, Inc.), Stock Purchase Agreement (EMRISE Corp)

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Characterization of Payments. Any indemnity payments made pursuant to Article 10 shall constitute an adjustment of the Aggregate Merger Consideration paid by Purchaser Parent pursuant to this Agreement Article 2 for Tax purposes and shall be treated as such by all parties on their Tax Returns to the extent permitted by law.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Mellanox Technologies, Ltd.), Agreement and Plan of Merger

Characterization of Payments. Any indemnity payments made pursuant to Article 10 shall constitute an adjustment of the Aggregate Consideration aggregate consideration paid by Purchaser pursuant to this Agreement for Tax purposes and shall be treated as such by all parties Parties on their Tax Returns to the extent permitted by law.

Appears in 2 contracts

Samples: Equity Purchase Agreement (Esports Entertainment Group, Inc.), Equity Purchase Agreement (Esports Entertainment Group, Inc.)

Characterization of Payments. Any indemnity payments made pursuant to Article 10 shall constitute an adjustment of the Aggregate Consideration paid by Purchaser pursuant to this Agreement for Tax purposes and shall be treated as such by all parties on their Tax Returns to the extent permitted by law.

Appears in 1 contract

Samples: Share Purchase Agreement (Esports Entertainment Group, Inc.)

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Characterization of Payments. Any indemnity payments made pursuant to Article 10 shall constitute an adjustment of the Aggregate Merger Consideration paid by Purchaser Parent pursuant to this Agreement Article 3 for Tax purposes and shall be treated as such by all parties on their Tax Returns to the extent permitted by law.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Eresearchtechnology Inc /De/)

Characterization of Payments. Any indemnity payments made pursuant to Article 10 11 shall constitute an adjustment of the Aggregate Total Consideration Value paid by Purchaser Buyer pursuant to this Agreement Article 2 for Tax purposes and shall be treated as such by all parties on their Tax Returns to the extent permitted by law.

Appears in 1 contract

Samples: Share Purchase Agreement (8x8 Inc /De/)

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