Effect of Indemnity Payments. Buyer and Seller hereby agree that any and all indemnity payments made pursuant to this Agreement shall, to the maximum extent permitted by applicable law, be treated for all Tax purposes as an adjustment to the Purchase Price.
Appears in 9 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement
Effect of Indemnity Payments. Buyer The Purchaser and the Seller hereby agree that any and all indemnity payments made pursuant to this Agreement shall, to the maximum extent permitted by applicable lawApplicable Law, be treated for all Tax purposes as an adjustment to the Purchase Price.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Southern Power Co), Purchase and Sale Agreement (Alabama Power Co)
