Common use of Characterization of Indemnity Payments Clause in Contracts

Characterization of Indemnity Payments. The Parties agree that any indemnification payments made pursuant to this Agreement shall be treated for Tax purposes as an adjustment to the Aggregate Consideration unless otherwise required by applicable Law.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Idt Corp)

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Characterization of Indemnity Payments. The Parties hereto agree that any indemnification payments payment made pursuant to this Agreement shall be treated for Tax purposes as an adjustment to the Aggregate Merger Consideration unless otherwise required by applicable Lawfor all Tax purposes.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Entremed Inc)

Characterization of Indemnity Payments. The Parties agree that any Any indemnification payments made pursuant to this Agreement shall be treated for all Tax purposes as an adjustment to the Aggregate Consideration Merger Consideration, unless otherwise required by applicable Lawlaw.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Rimage Corp)

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Characterization of Indemnity Payments. The Parties Unless otherwise required by applicable law, the parties agree that any indemnification payments made pursuant to this Agreement shall be treated for Tax tax purposes as an adjustment to the Aggregate Consideration unless otherwise required by applicable LawMerger Consideration.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Razorfish Inc)

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