Common use of Characterization of Indemnity Payments Clause in Contracts

Characterization of Indemnity Payments. The Parties agree that any indemnity payments made pursuant to this ARTICLE XII shall be treated for all Tax purposes as an adjustment to the Purchase Price unless otherwise required by Law.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Cubic Energy Inc), Purchase and Sale Agreement (Gastar Exploration USA, Inc.), Purchase and Sale Agreement (Cubic Energy Inc)

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Characterization of Indemnity Payments. The Parties agree that any indemnity indemnification payments made pursuant to Section 10.1 or this ARTICLE XII Article IX shall be treated for all Tax purposes as an adjustment to the Purchase Price unless otherwise required by applicable Law.

Appears in 3 contracts

Samples: Stock and Asset Purchase Agreement, Stock and Asset Purchase Agreement (Stanley Black & Decker, Inc.), Stock and Asset Purchase Agreement (Newell Brands Inc)

Characterization of Indemnity Payments. The Parties agree that any indemnity payments made pursuant to this ARTICLE Article XII shall be treated for all Tax purposes as an adjustment to the Purchase Price unless otherwise required by Law.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Dune Energy Inc), Purchase and Sale Agreement (Gastar Exploration Inc.)

Characterization of Indemnity Payments. The Parties agree that any indemnity indemnification payments made pursuant to Section 4.11 or this ARTICLE XII Article VII shall be treated for all Tax purposes as an adjustment to the Final Purchase Price unless otherwise required by applicable Law.

Appears in 1 contract

Samples: Stock Purchase Agreement (PHH Corp)

Characterization of Indemnity Payments. The Parties agree that any indemnity indemnification payments made pursuant to this ARTICLE XII Article IX shall be treated for all Tax purposes as an adjustment to the Purchase Price purchase price unless otherwise required by applicable Law.

Appears in 1 contract

Samples: Purchase Agreement (C H Robinson Worldwide Inc)

Characterization of Indemnity Payments. The Parties agree that any indemnity indemnification payments made pursuant to this ARTICLE XII Article IX shall be treated for all Tax purposes as an adjustment to the Purchase Price unless otherwise required by applicable Law.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Intercontinental Hotels Group PLC /New/)

Characterization of Indemnity Payments. The Parties agree that any indemnity indemnification payments made pursuant to this ARTICLE XII shall Article X will be treated for all Tax purposes as an adjustment to the Purchase Price unless otherwise required by applicable Law.

Appears in 1 contract

Samples: Equity Purchase Agreement (Resideo Technologies, Inc.)

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Characterization of Indemnity Payments. The Parties agree that any indemnity indemnification payments made pursuant to this ARTICLE XII shall Article IX will be treated for all Tax purposes as an adjustment to the Purchase Price unless otherwise required by applicable Law.

Appears in 1 contract

Samples: Asset Purchase Agreement (Biodesix Inc)

Characterization of Indemnity Payments. The Parties agree that any indemnity indemnification payments made pursuant to this ARTICLE XII Section 6.05 or Article IX shall be treated for all Tax purposes as an adjustment to the Purchase Price unless otherwise required by applicable Law.

Appears in 1 contract

Samples: Stock Purchase Agreement (Illinois Tool Works Inc)

Characterization of Indemnity Payments. The Parties agree that any indemnity indemnification payments made pursuant to this ARTICLE XII shall Section 6.06 or Article IX will be treated for all Tax purposes as an adjustment to the Purchase Price unless unless, and then solely to the extent, otherwise required by applicable Law.

Appears in 1 contract

Samples: Stock Purchase Agreement (Adtalem Global Education Inc.)

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