Common use of Character of Indemnity Payments Clause in Contracts

Character of Indemnity Payments. Except as otherwise required by applicable Law, the Parties shall treat any indemnification payment made hereunder as an adjustment to the Purchase Price for U.S. federal income Tax purposes.

Appears in 2 contracts

Samples: Unit Purchase Agreement, Unit Purchase Agreement (Lionbridge Technologies Inc /De/)

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Character of Indemnity Payments. Except as otherwise required by applicable Applicable Law, the Parties shall will treat any indemnification payment made hereunder as an adjustment to the Purchase Price purchase price for U.S. federal income Tax purposestaxes.

Appears in 1 contract

Samples: Asset Purchase Agreement (Gerber Scientific Inc)

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Character of Indemnity Payments. Except as otherwise required by applicable Applicable Law, the Parties parties shall treat any indemnification payment made hereunder as an adjustment to the Purchase Price for U.S. federal income Tax purposesPrice.

Appears in 1 contract

Samples: Asset Purchase Agreement (Quadramed Corp)

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