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.
Sample 1

Examples of Post-Transfer Tax Period in a sentence

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.
In connection therewith, Buyer shall reimburse Seller for any prepayment of Property Taxes attributable to the Post-Transfer Tax Period.