Post-Closing Operations definition
Examples of Post-Closing Operations in a sentence
ESI shall be responsible for and pay all federal income taxes related to Pre-Closing Operations and all federal income taxes related to Post-Closing Operations ("ESI Tax Liabilities").
Except as otherwise agreed upon in writing, in the event an audit, amended Tax Return or other action results in a refund of Taxes, such refund (including any interest paid thereon) shall be paid: (i) to ESI if the deduction, loss, or other item that gives rise to the refund is attributable to Pre-Closing Operations or Post-Closing Operations and the refunded Tax was actually paid by ESI; and (ii) to Starwood in all other circumstances.
Notwithstanding the foregoing, Seller shall either (i) deduct from any invoice to Purchaser for Post-Closing Operations Expenses or (ii) reimburse to Purchaser, any amount by which Three Hundred Thousand and No/100 Dollars ($300,000) exceeds the aggregate amount of Retention Bonuses paid by Seller.
Buyer shall be responsible for and pay all Taxes resulting from Post-Closing Operations ("Buyer Tax Liabilities").
The Companies shall be responsible for and pay all Taxes resulting from Post-Closing Operations, including withholding taxes and employment taxes payable with respect to compensation paid by any of the Companies after the Closing Date ("Buyer Tax Liabilities").
Post-Closing Operations and Events....................................
Post-Closing Operations of the Money Centre Division ....................................51 (iv) 6 STOCK PURCHASE AGREEMENT THIS STOCK PURCHASE AGREEMENT (this "Agreement"), dated as of July _, 1999, is by and among Rodn▇▇ ▇.