Common use of Income Tax Treatment of Purchase Price Clause in Contracts

Income Tax Treatment of Purchase Price. (i) In reliance upon the representations and warranties of Seller in Section 3.7(o), the Parties intend to treat the transactions contemplated by this Agreement as a purchase of all of the assets of the Companies for U.S. federal (and applicable state and local) income tax purposes (the “Intended Tax Treatment”).

Income Tax Treatment of Purchase Price. (i) In reliance upon the representations and warranties of Seller in Section 3.7(o), the Parties intend to treat the transactions contemplated by this Agreement as a purchase of all of the assets of the Companies Company (and purchase of the Tax Partnership Interests) for U.S. federal (and applicable state and local) income tax purposes (the “Intended Tax Treatment”).

Income Tax Treatment of Purchase Price. (i) In reliance upon the representations and warranties of Seller in Section 3.7(o), the Parties intend to treat the transactions contemplated by this Agreement as a purchase of all of the assets of the Companies (and purchase of the Subsidiary Interests) for U.S. federal (and applicable state and local) income tax purposes (the “Intended Tax Treatment”).