Common use of Indemnity Payments Clause in Contracts

Indemnity Payments. The parties agree that any payments made pursuant to this Article 12 will be treated by the parties on all applicable tax returns as an adjustment to the Purchase Price.

Appears in 3 contracts

Samples: Option Agreement (Heftel Broadcasting Corp), Asset Purchase Agreement (Heftel Broadcasting Corp), Asset Purchase Agreement (American Radio Systems Corp /Ma/)

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Indemnity Payments. The parties Parties agree that any payments by one ------------------ Party to the other Party made pursuant to this Article 12 13 will be treated by the parties Parties on all applicable tax returns as an adjustment to the Purchase Price.

Appears in 1 contract

Samples: Asset Purchase Agreement (Aviation Sales Co)

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Indemnity Payments. The parties agree that any payments made pursuant to this Article 12 13 will be treated by the parties on for all applicable tax returns Tax purposes as an adjustment to the Purchase Price.

Appears in 1 contract

Samples: Asset Purchase Option Agreement (WTNH Broadcasting Inc)

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