Common use of Tax Treatment of Payments Clause in Contracts

Tax Treatment of Payments. Any payment made pursuant to Section 2.03, Section 6.03 or Article VII hereof shall be deemed to be, and Seller and Purchaser shall treat such payments as an adjustment to the purchase price for all federal, state, local and foreign income tax purposes, unless otherwise required by Law.

Appears in 1 contract

Samples: Equity Purchase Agreement (Vyant Bio, Inc.)

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Tax Treatment of Payments. Any payment payments made with respect to adjustments made pursuant to Section 2.03, Section 6.03 or Article VII hereof 2.3 shall be deemed to be, and each Seller and the Purchaser shall treat such payments as as, an adjustment to the purchase price for all federal, state, local and foreign income tax purposes, unless otherwise required Tax purposes to the extent permitted by applicable Law.

Appears in 1 contract

Samples: Stock Purchase Agreement (Total System Services Inc)

Tax Treatment of Payments. Any payment made pursuant to Section 2.033.2, Section 6.03 8.4 or Article VII hereof X, except to the extent such payments are required by Law to be treated as interest for tax purposes, shall be deemed to be, and Seller each of Sellers and Purchaser shall treat such payments as an adjustment to the purchase price for all federal, state, local and foreign income tax purposes, unless otherwise required by Law.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Casella Waste Systems Inc)

Tax Treatment of Payments. Any payment made pursuant to Section 2.03, Section 6.03 7.04 or Article VII VIII hereof shall be deemed to be, and each of Seller and Purchaser shall treat such payments as an adjustment to the purchase price for all federal, state, local and foreign income tax Tax purposes, unless otherwise ; except for any imputed interest (as required by Law.Sections 483 or 1274 of the Code)

Appears in 1 contract

Samples: Stock Purchase Agreement (Gambling.com Group LTD)

Tax Treatment of Payments. Any payment payments made with respect to adjustments made pursuant to Section 2.032.6, Section 6.03 or Article VII hereof 2.7 and Section 2.8 shall be deemed to be, and Seller each of the Sellers, Buyer and Purchaser the Company shall treat treat, and shall cause each of their Subsidiaries (as applicable) to treat, such payments as an adjustment to the purchase price Purchase Price for all federal, state, local and foreign income tax purposes, unless Tax purposes except to the extent treated as interest under applicable Law and except as otherwise required by applicable Law.

Appears in 1 contract

Samples: Share Purchase Agreement (Magellan Health Inc)

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Tax Treatment of Payments. Any payment made pursuant to Section 2.032.06, Section 6.03 2.08, Article VII or Article VII hereof IX hereof, other than any amounts expected to be paid through the Company’s payroll, shall be deemed to be, and Seller each Shareholder and Purchaser Parent shall treat such payments as as, an adjustment to the purchase price for all federal, state, local and foreign income tax purposes, Income Tax purposes unless otherwise required by applicable Law.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Abm Industries Inc /De/)

Tax Treatment of Payments. Any payment Payments with respect to adjustments made pursuant to Section 2.031.3, Section 6.03 or Article VII hereof if any, shall be deemed to be, and Seller and Purchaser all parties shall treat such payments as as, an adjustment to the purchase price Purchase Price for all federal, state, local and foreign income tax purposes, unless otherwise Tax purposes except to the extent required by Lawapplicable Law to be characterized as interest payments.

Appears in 1 contract

Samples: Stock Purchase Agreement (Viemed Healthcare, Inc.)

Tax Treatment of Payments. Any payment payments made with respect to adjustments made pursuant to Section 2.03, Section 6.03 or Article VII hereof 2.3 shall be deemed to be, and each of Seller and Purchaser shall treat such payments as as, an adjustment to the purchase price for all federal, state, local and foreign income tax purposes, unless otherwise required Tax purposes to the extent permitted by Law.

Appears in 1 contract

Samples: Unit Purchase Agreement (Universal Truckload Services, Inc.)

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