Common use of Tax Adjustment Clause in Contracts

Tax Adjustment. (i) in respect of each Seller, if the Tax Adjustment is greater than the Estimated Tax Adjustment, that Seller shall repay to the Purchaser an amount equal to the difference; or

Appears in 4 contracts

Samples: Contribution Agreement (Glaxosmithkline PLC), Contribution Agreement (Novartis Ag), Contribution Agreement (Novartis Ag)

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Tax Adjustment. (i) in respect of each Seller, if the Tax Adjustment is greater than the Estimated Tax Adjustment, that the Seller shall repay to the Purchaser an amount equal to the difference; or

Appears in 3 contracts

Samples: Share and Business Sale Agreement (Glaxosmithkline PLC), Share and Business Sale Agreement (Glaxosmithkline PLC), Share and Business Sale Agreement (Novartis Ag)

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Tax Adjustment. (i) in respect of each Seller, if If the Tax Adjustment is greater than the Estimated Tax Adjustment, that the Seller shall repay to the Purchaser an amount equal to the difference; or

Appears in 1 contract

Samples: Share and Business Sale Agreement (Novartis Ag)

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