Common use of Indemnity Payment Clause in Contracts

Indemnity Payment. Any indemnity payment under this Agreement shall be treated by the parties hereto as an adjustment to the Purchase Price for Tax purposes.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Standard Automotive Corp), Purchase Agreement (Standard Automotive Corp)

Indemnity Payment. Any indemnity payment under this Agreement shall be treated by the parties hereto as an adjustment to the Purchase Price for Tax purposes.

Appears in 1 contract

Sources: Stock Purchase Agreement (J.G. Wentworth Co)