Determination of Damages; Claims. In calculating any amounts payable to Seller pursuant to Section 9 (a), Buyer shall receive credit for (i) any reduction in tax liability as a result of the facts giving rise to the claim for indemnification, and (ii) any insurance recoveries.
Appears in 6 contracts
Samples: Asset Sale, Purchase and Transfer Agreement (Great East Bottles & Drinks (China) Holdings, Inc), Asset Sale, Purchase and Transfer Agreement (Bidgive International Inc), Asset Sale, Purchase and Transfer Agreement (Great East Bottles & Drinks (China) Holdings, Inc)
Determination of Damages; Claims. In calculating any amounts payable to Seller pursuant to Section 9 9.1 (a), Buyer shall receive credit for (i) any reduction in tax liability as a result of the facts giving rise to the claim for indemnification, and (ii) any insurance recoveries.
Appears in 3 contracts
Samples: Purchase, Sale and Transfer Agreement, Sale and Assignment Agreement (Eco Allies Inc.), Asset Purchase, Sale and Transfer Agreement (Security Solutions Group, Inc.)
Determination of Damages; Claims. In calculating any amounts payable to Seller pursuant to Section 9 (a), Buyer Buyers shall receive credit for (i) any reduction in tax liability as a result of the facts giving rise to the claim for indemnification, and (ii) any insurance recoveries.
Appears in 1 contract
Samples: Asset Sale, Purchase and Transfer Agreement (Asian Trends Media Holdings, Inc)
