Common use of Tax Treatment of Indemnity Payment Clause in Contracts

Tax Treatment of Indemnity Payment. The Parties agree that any payments made pursuant to Section 6.01 or this Article IX shall be treated for all Tax purposes as an adjustment to the Purchase Price unless otherwise required by applicable Law.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Aleris Corp), Purchase and Sale Agreement (Signature Group Holdings, Inc.)

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Tax Treatment of Indemnity Payment. The Parties agree that to treat any payments indemnity payment made pursuant to Section 6.01 or this Article IX shall be treated for all Tax purposes ARTICLE VIII as an adjustment to the Purchase Price Price, for all Tax purposes, unless otherwise required by applicable LawLaws.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (American Midstream Partners, LP), Purchase and Sale Agreement

Tax Treatment of Indemnity Payment. The Parties agree that to treat any payments indemnity payment made pursuant to Section 6.01 or this Article IX shall be treated for all Tax purposes 11 as an adjustment to the Purchase Price Price, for all Tax purposes, unless otherwise required by applicable Law, a closing agreement with an applicable Tax authority or a final non-appealable judgment of a court of competent jurisdiction.

Appears in 2 contracts

Samples: Interest Purchase Agreement (BP Midstream Partners LP), Interest Purchase Agreement

Tax Treatment of Indemnity Payment. The Parties agree that will treat any payments indemnity payment made pursuant to Section 6.01 or this Article IX shall be treated for all Tax purposes 8 as an adjustment to the Purchase Price Consideration for all Tax purposes (unless otherwise required by applicable Lawa Governmental Authority).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Merge Healthcare Inc)

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Tax Treatment of Indemnity Payment. The Parties agree that parties shall treat any indemnity payments made pursuant to Section 6.01 or this Article IX shall be treated for all Tax purposes VIII as an adjustment to the Purchase Price for all federal, state, local, and foreign Tax purposes (unless otherwise required by applicable Lawa Governmental Authority).

Appears in 1 contract

Samples: Asset Purchase Agreement (Hormel Foods Corp /De/)

Tax Treatment of Indemnity Payment. The Parties parties agree that to treat any indemnity payments made pursuant to Section 6.01 or under this Article IX shall be treated for all Tax purposes Agreement as an adjustment to the Purchase Price Price, unless otherwise required by applicable Lawlaw.

Appears in 1 contract

Samples: Interest Purchase Agreement (Nci Building Systems Inc)

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