Definition of Post-Transfer Tax Period


Post-Transfer Tax Period means any Tax Period beginning after the Closing Date and that portion of any Straddle Period beginning on the Closing Date.

Examples of Post-Transfer Tax Period in a sentence

In connection therewith, Buyer shall reimburse Seller for any prepayment of Property Taxes attributable to the Post-Transfer Tax Period.
Any Property Tax refunds or rebates relating to any Post-Transfer Tax Period shall be the property of Buyer, and Seller shall pay promptly to Buyer any such amounts (or portions thereof) that it receives.