Determination of Loss. The Parties shall make appropriate adjustments for Tax benefits and insurance proceeds (reasonably certain of receipt and utility in each case) in determining the amount of any Adverse Consequence or loss for purposes of this SECTION 8.
Appears in 2 contracts
Samples: Stock Purchase Agreement by And (Tanner Chemicals Inc), Stock Purchase Agreement (Burke Industries Inc /Ca/)
Determination of Loss. The Parties shall make appropriate adjustments for Tax benefits and insurance proceeds (reasonably certain of receipt and utility in each case) and for the time cost of money (using the Applicable Rate as the discount rate) in determining the amount of any Adverse Consequence or loss for purposes of this SECTION 8.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Telecom Wireless Corp/Co)
Determination of Loss. The Parties parties shall make appropriate adjustments for any Tax benefits and insurance proceeds (reasonably certain of receipt and utility in each case) and for the time cost of money in determining the amount of any Adverse Consequence or loss Claims for purposes of this SECTION 8ARTICLE XV.
Appears in 1 contract
