Common use of Effect of Indemnity Payments Clause in Contracts

Effect of Indemnity Payments. The parties agree to treat all payments made under the indemnity provisions of Article XII of this Agreement as adjustments to the Purchase Price for Tax purposes and that such agreed treatment shall govern for purposes hereof.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Dayton Power & Light Co), Asset Purchase Agreement (Smurfit Stone Container Corp), Asset Purchase Agreement (Dayton Power & Light Co)

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Effect of Indemnity Payments. The parties agree to treat all payments made under the indemnity provisions of this Article XII of this Agreement IX as adjustments to the Final Purchase Price for Tax tax purposes and that such agreed treatment shall govern for purposes hereof.

Appears in 2 contracts

Samples: Purchase Agreement (Crowley Maritime Corp), Asset Purchase Agreement (Crowley Maritime Corp)

Effect of Indemnity Payments. The parties agree to treat all payments made under the indemnity provisions of Article XII XIII of this Agreement as adjustments to the Purchase Price for Tax purposes and that such agreed treatment shall govern for purposes hereof.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Caraustar Industries Inc), Asset Purchase Agreement (Caraustar Industries Inc)

Effect of Indemnity Payments. The parties agree to treat all payments made under the indemnity provisions of this Article XII of this Agreement X as adjustments to the Purchase Price for Tax purposes and that such agreed treatment shall govern for purposes hereof.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (MULTI COLOR Corp)

Effect of Indemnity Payments. The parties agree to treat all payments made under the indemnity provisions of Article XII of this Agreement Sections 10.3 and 10.4 as adjustments to the Purchase Price for Tax purposes to the extent allowable by Law and that such agreed treatment shall govern for purposes hereof.

Appears in 1 contract

Samples: Securities Purchase Agreement (Resolute Forest Products Inc.)

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Effect of Indemnity Payments. The parties agree to treat all payments made under the indemnity provisions of this Article XII of this Agreement as adjustments to the Purchase Price for Tax purposes and that such agreed treatment shall govern for purposes hereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Smurfit Stone Container Corp)

Effect of Indemnity Payments. The parties hereby agree to treat that any and all indemnity payments made under the indemnity provisions of Article XII of pursuant to this Agreement shall, to the maximum extent permitted by applicable law, be treated for all Tax purposes as adjustments an adjustment to the Purchase Price for Tax purposes and that such agreed treatment shall govern for purposes hereofAmount.

Appears in 1 contract

Samples: Contribution and Purchase Agreement (Sycamore Networks Inc)

Effect of Indemnity Payments. The parties Parties agree to treat all payments made under the indemnity provisions of Article XII of this Agreement as adjustments to the Purchase Price for Tax purposes and that such agreed treatment shall govern for purposes hereof.

Appears in 1 contract

Samples: Asset Purchase Agreement

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