Examples of Israeli Purchased Assets in a sentence
Notwithstanding the above, for the avoidance of doubt, any reporting for Tax purposes of the parties shall be consistent with the allocation of the Closing Cash Payment among Sellers as provided in Section 3.1(b) and between Israeli Purchased Assets and Non-Israeli Purchased Assets as provided in Section 3.5.
Purchaser and Parent shall allocate the Total Consideration among the Purchased Assets and the Israeli Purchased Assets as agreed by the parties and described on Schedule 2.7. Purchaser shall prepare and deliver to Parent within sixty (60) days after the Closing Date final drafts of Form 8594 and any required exhibits thereto (the “Asset Acquisition Statement”) allocating, in accordance with Schedule 2.7, the Total Consideration among the Purchased Assets and the Israeli Purchased Assets.
Parent shall deliver such documentation as is reasonably requested by Purchaser to evidence the transfer of the Israeli Purchased Assets.
All other real property taxes, personal property taxes, or ad valorem obligations and similar recurring taxes and fees on the Purchased Assets or the Israeli Purchased Assets for taxable periods beginning before, and ending after, the Closing Date, shall be prorated between Purchaser and Sellers as of the Closing Date based on the number of days in such period.
By purchasing, accepting or using the Card, you agree to be bound by this Agreement.
Sellers shall bear all property and ad valorem tax liability with respect to the Purchased Assets and the Israeli Purchased Assets if the lien or assessment date arises prior to the Closing Date irrespective of the reporting and payment dates of such taxes.
The delivery to Purchaser of the instruments of transfer of ownership contemplated by this Agreement will vest good title to the Purchased Assets and the Israeli Purchased Assets in Purchaser, free and clear of all Liens other than Permitted Exceptions.
Sellers desire to sell, transfer and assign to Purchaser (or its designated Affiliate or Affiliates), and Purchaser desires to (or to cause its designated Affiliate or Affiliates to) acquire and assume from Sellers, all of the Purchased Assets, Israeli Purchased Assets and Assumed Liabilities, all as more specifically provided herein.
Upon the Closing, the Non-Disclosure Agreement shall: (a) terminate with respect to any Confidential Information (as defined in the Non-Disclosure Agreement) of or relating to the Sellers, the Purchased Assets, the Israeli Purchased Assets and/or the Business, and (b) continue in full force and effect with respect to any other Confidential Information of or relating to the Sellers or the Excluded Assets and Excluded Liabilities.
Parent shall authorize and direct the appropriate directors, managers and employees of Sellers, as the case may be, to discuss matters involving the Purchased Assets, the Israeli Purchased Assets and the operations and conduct of the Business with Purchaser and/or its representatives.