Common use of Characterization of Indemnification Payments Clause in Contracts

Characterization of Indemnification Payments. The parties agree that any indemnification payments made pursuant to this Article X shall be treated for all Tax purposes as an adjustment to the purchase price unless otherwise required by Law.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Blackboard Inc), Agreement and Plan of Merger (Middleby Corp), Agreement and Plan of Merger (Blackboard Inc)

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Characterization of Indemnification Payments. The parties agree that any indemnification Any payments made pursuant to this Article X shall be treated for all Tax purposes as an adjustment adjustments to the purchase price unless otherwise required by LawEquity Purchase Price.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Penn America Group Inc), Stock Purchase Agreement (United National Group LTD)

Characterization of Indemnification Payments. The parties agree that any indemnification payments made pursuant to this Article X VII shall be treated for all Tax purposes as an adjustment to the purchase price unless otherwise required by Law.

Appears in 1 contract

Samples: Development and Option Agreement (Viropharma Inc)

Characterization of Indemnification Payments. The parties agree that Parties shall treat any indemnification payments payment made pursuant to this Article X shall be treated for all Tax purposes as an adjustment to the purchase price unless otherwise required by LawPurchase Price, except to the extent that the Laws of a particular jurisdiction provide otherwise.

Appears in 1 contract

Samples: Asset Purchase Agreement (Willbros Group, Inc.\NEW\)

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Characterization of Indemnification Payments. The parties to this Agreement agree that any indemnification payments made pursuant to this Article X XII shall be treated for all Tax purposes as an adjustment to the purchase price unless otherwise required by Law. Each of the parties shall, within a reasonable time of payment and receipt of such payment, as applicable, request all amendments to its current or past Tax Returns as may be necessary to reflect the foregoing.

Appears in 1 contract

Samples: Arrangement Agreement (Blackboard Inc)

Characterization of Indemnification Payments. The parties Parties agree that to treat any indemnification payments made pursuant to payment under this Article X shall be treated for all Tax purposes as an adjustment to the purchase price unless Purchase Price for tax purposes except as otherwise required by applicable Law.

Appears in 1 contract

Samples: Recapitalization and Equity Purchase Agreement (United States Steel Corp)

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