Allocation Between Partial Periods. For purposes of this Agreement, any Taxes for a period beginning before the Closing Date and ending after the Closing Date, shall be apportioned between the Pre-Closing Partial Period and the period following the Closing Date (a "Post-Closing Partial Period"), based, in the case of real and personal property Taxes, on a per diem basis and, in the case of other Taxes, on the actual activities, taxable income or taxable loss of the Company and the Subsidiaries during such Pre-Closing Partial Period and such Post-Closing Partial Period.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Smithfield Foods Inc), Stock Purchase Agreement (American Financial Group Inc Et Al)
Allocation Between Partial Periods. For purposes With respect to any tax period of this Agreement, any Taxes for a period the Company beginning before the Closing Date and ending after the Closing Date, any Taxes for such period shall be apportioned between the Pre-Closing Partial Period and the period following the Closing Date (a "Post-Closing Partial Period"), Period based, in the case of real and personal property Taxes, on a per diem basis and, in the case of other Taxes, on the actual activities, taxable income or taxable loss of the Company and the Subsidiaries its subsidiaries, if any, during such Pre-Closing Partial Period and such Post-Closing Partial Period.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Intracel Corp), Stock Purchase Agreement (Intracel Corp)
