Common use of Allocation of Certain Taxes Clause in Contracts

Allocation of Certain Taxes. The Buyer and the Company Stockholders agree that if the Company or any Subsidiary is permitted but not required under applicable foreign, state or local Tax laws to treat the Closing Date as the last day of a taxable period, the Buyer and the Company Stockholders shall treat such day as the last day of a taxable period.

Appears in 1 contract

Samples: Merger Agreement (Otg Software Inc)

AutoNDA by SimpleDocs

Allocation of Certain Taxes. The Buyer Without limiting the Shareholders' --------------------------- indemnity obligations under Section 6.03 hereof, the Company and the Company Stockholders Shareholders agree that if the Company or any Subsidiary is permitted but not required under applicable foreign, state or local Tax laws to treat the Closing Date as the last day of a taxable period, the Buyer Company and the Company Stockholders Shareholders shall treat such day as the last day of a taxable period.

Appears in 1 contract

Samples: Merger Agreement (Interliant Inc)

Allocation of Certain Taxes. The Buyer Without limiting the Shareholders' indemnity obligations under Section 5.03 hereof, the Company and the Company Stockholders Shareholders agree that if the Company or any Subsidiary is permitted but not required under applicable foreign, state or local Tax laws to treat the Closing Date as the last day of a taxable period, the Buyer Company and the Company Stockholders Shareholders shall treat such day as the last day of a taxable period.

Appears in 1 contract

Samples: Stock Purchase Agreement (Interliant Inc)

Allocation of Certain Taxes. The Buyer Without limiting the Shareholders' --------------------------- indemnity obligations under Section 6.2 hereof, the Surviving Corporation and the Company Stockholders Shareholders agree that if the Company or any Subsidiary is permitted but not required under applicable foreign, state or local Tax tax laws to treat the Closing Date as the last day of a taxable period, the Buyer Surviving Corporation and the Company Stockholders Shareholders shall treat such day as the last day of a taxable period.

Appears in 1 contract

Samples: Merger Agreement (Interliant Inc)

AutoNDA by SimpleDocs

Allocation of Certain Taxes. The Buyer Without limiting the Shareholders' --------------------------- indemnity obligations under Section 5.03 hereof, the Company and the Company Stockholders Shareholders agree that if the Company or any Subsidiary is permitted but not required under applicable foreign, state or local Tax laws to treat the Closing Date as the last day of a taxable period, the Buyer Company and the Company Stockholders Shareholders shall treat such day as the last day of a taxable period.

Appears in 1 contract

Samples: Stock Purchase Agreement (Interliant Inc)

Allocation of Certain Taxes. The Without limiting the Shareholders' indemnity obligations under Section 4.03 hereof, the Buyer and the Company Stockholders Shareholders agree that if the Company or any Subsidiary is permitted but not required under applicable foreign, state or local Tax laws to treat the Closing Date as the last day of a taxable period, the Buyer and the Company Stockholders Shareholders shall treat such day as the last day of a taxable period.

Appears in 1 contract

Samples: Stock Purchase Agreement (Castle Brands Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!