Tax Reductions. To the extent any circumstances triggering an obligation or liability of any of the Sellers under or in connection with this Agreement should lead to a reduced Tax burden of any of the Group Companies in the period beginning on the Effective Date, 00:00 hours or the Purchaser, any such obligation or liability of the Sellers shall be reduced by an amount equal to such reduction provided that the payment of any of the Sellers in fulfillment of their obligations or liabilities does not trigger Taxes.
Appears in 2 contracts
Sources: Share Purchase and Transfer Agreement, Share Purchase and Transfer Agreement (Integrated Device Technology Inc)