Payment; Filing Clause Samples
Payment; Filing. APPM shall pay the Election Price Adjustment Amount to the Shareholders upon delivery of the executed Section 338 Forms by the Shareholders. Said amount shall be allocated among the Shareholders in proportion to the additional tax liabilities incurred by each Shareholder as a result of the Election.
Payment; Filing. Buyer shall pay the Election Price Adjustment Amount to the Sellers upon delivery of the executed Section 338 Forms by the Sellers. Said amount shall be allocated among the Sellers in proportion to the additional tax liabilities incurred by each Seller as a result of the Election.