Characterization of Indemnification Payments. Buyer and Seller agree to treat any payment made under this Section 3.3, Section 7.7, or the other provisions hereof as an adjustment to the Purchase Price. Any indemnification hereunder will be determined on an after-tax basis (taking into account any actual tax benefits or detriments realized with respect to the damages for which the payment under this Section 3.3, Section 7.7, or the other provisions hereof is being made).
Appears in 6 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Comstock Resources Inc), Purchase and Sale Agreement (Dune Energy Inc)
Characterization of Indemnification Payments. Buyer and Seller agree to treat any payment made under this Section 3.3, Section 7.7, or the other provisions hereof as an adjustment to the Purchase Price. Any indemnification hereunder will be determined on an after-tax basis (taking into account any actual tax benefits or detriments realized with respect to the damages for which the payment under this Section 3.3, Section 7.7, or the other provisions hereof is being made).Purchase
Appears in 2 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Rosetta Resources Inc.)
Characterization of Indemnification Payments. Buyer and Seller agree to treat any payment made under this Section 3.3, Section 7.77.6, or the other provisions hereof as an adjustment to the Purchase Price. Any indemnification hereunder will be determined on an after-tax basis (taking into account any actual reductions or increases in taxes realized for any taxable period in which a tax benefits claim is made or detriments realized any prior taxable period with respect to the damages for which the payment under this Section 3.3, Section 7.77.6, or the other provisions hereof is being made, or realized with respect to the payments themselves).
Appears in 1 contract
Samples: Purchase and Sale Agreement (American Midstream Partners, LP)
Characterization of Indemnification Payments. Buyer and Seller agree to treat any payment made under this Section 3.33.03, Section 7.77.07, or the other provisions hereof as an adjustment to the Purchase Price. Any indemnification hereunder will be determined on an after-tax basis (taking into account any actual tax benefits or detriments realized with respect to the damages for which the payment under this Section 3.33.03, Section 7.77.07, or the other provisions hereof is being made).
Appears in 1 contract
Samples: Purchase and Sale Agreement (Constellation Energy Partners LLC)
