Common use of Tax Treatment of Payments Clause in Contracts

Tax Treatment of Payments. Except to the extent otherwise required pursuant to a “determination” (within the meaning of Section 1313(a) of the Code or any applicable analogous provision of state, local or non-U.S. Law), the Parties agree (and agree to cause their respective affiliates) to treat any and all payments under Article VII as an adjustment to the Transaction Consideration for Tax purposes.

Appears in 2 contracts

Samples: License and Asset Purchase Agreement (Veracyte, Inc.), License and Asset Purchase Agreement (NanoString Technologies Inc)

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Tax Treatment of Payments. Except to the extent otherwise required pursuant to a “determination” (within the meaning of Section 1313(a) of the Code or any applicable analogous provision of state, local or non-U.S. Law), the Parties agree (and agree to cause their respective affiliates) to treat any and all payments under Article VII IX as an adjustment to the Transaction Consideration Purchase Price for Tax purposes.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Broadcom Inc.), Asset Purchase Agreement (Symantec Corp)

Tax Treatment of Payments. Except to the extent otherwise required pursuant to a “determination” (within the meaning of Section 1313(a) of the Code (or any applicable analogous similar provision of state, local or non-U.S. foreign Law), the Parties agree (and agree to cause their respective affiliates) to Affiliates shall treat any and all payments or deductions under Article VII this Section 7.19 as an adjustment to the Transaction Consideration Purchase Price for Tax purposes.

Appears in 2 contracts

Samples: Share Purchase Agreement (WEX Inc.), Share Purchase Agreement (WEX Inc.)

Tax Treatment of Payments. Except to the extent otherwise required pursuant to a “determination” (within the meaning of Section 1313(a) of the Code or any applicable analogous provision of state, local or non-U.S. Law), the Parties agree (and agree to cause their respective affiliatesAffiliates) to treat any and all payments under Article VII IX as an adjustment to the Transaction Consideration consideration for Tax purposes.

Appears in 1 contract

Samples: Asset Purchase Agreement (DoorDash Inc)

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Tax Treatment of Payments. Except to the extent otherwise required pursuant to a “determination” (within the meaning of Section 1313(a) of the Code (or any applicable analogous similar provision of state, local or non-U.S. Law), for all applicable Tax purposes, the Parties agree (and agree to cause their respective affiliates) to treat any and all indemnification payments under made pursuant to Article VII V as an adjustment to the Transaction Consideration for Tax purposespurchase price.

Appears in 1 contract

Samples: Asset Purchase Agreement (Seagate Technology Holdings PLC)

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