Buyer Closing Date Tax definition

Buyer Closing Date Tax means any Taxes resulting from any action taken by Buyer, the Company or any of their respective Affiliates on (or as of) the Closing Date and after the Closing that is not in the ordinary course of business (including any election pursuant to Section 338 of the Code or any similar provision of state, local or non-U.S. law), other than any action required to be taken by a Company Entity on the Closing Date as a result of a contract entered into by such Company Entity prior to the Closing.

Related to Buyer Closing Date Tax