Common use of Tax Treatment of Indemnity Payment Clause in Contracts

Tax Treatment of Indemnity Payment. For all Tax purposes, the Buyer and the Seller agree to treat any indemnity payment made by an Indemnitor pursuant to this Article X as an adjustment to the Purchase Price, unless otherwise required by Law.

Appears in 3 contracts

Samples: Asset Purchase Agreement (ContextLogic Inc.), Asset Purchase Agreement (Stanley Furniture Co Inc.), Asset Purchase Agreement (Hooker Furniture Corp)

AutoNDA by SimpleDocs

Tax Treatment of Indemnity Payment. For all Tax purposes, the Buyer and the Seller agree to treat any indemnity payment made by an Indemnitor pursuant to ARTICLE VII or this Article X ARTICLE IX as an adjustment to the Final Purchase Price, for all Tax purposes unless otherwise required by Lawlaw.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Affinia Group Intermediate Holdings Inc.), Asset Purchase Agreement (Federal Mogul Corp)

Tax Treatment of Indemnity Payment. For all Tax purposes, the Buyer and the Seller agree to treat any indemnity payment made by an Indemnitor pursuant to this Article IX or Article X as an adjustment to the Purchase Price, for all Tax purposes unless otherwise required by Lawlaw.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ciber Inc)

AutoNDA by SimpleDocs

Tax Treatment of Indemnity Payment. For all Tax purposes, the Buyer and the Seller agree to treat any indemnity payment made by an Indemnitor pursuant to this Article X IX as an adjustment to the Purchase Price, for all Tax purposes unless otherwise required by Lawlaw.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ciber Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.