Common use of Post-Closing Tax Periods Clause in Contracts

Post-Closing Tax Periods. From and after the Closing Date, for the portion of any Straddle Period that begins on the day after the Closing Date and any other Tax Period beginning after the Closing Date, without duplication of any amount otherwise payable by Purchaser pursuant to this Agreement, Purchaser shall pay, or cause the Company or any subsidiary to pay, to the appropriate Tax Authority any other Taxes due with respect to the Company or any subsidiary for any such period.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Advance Paradigm Inc), Stock Purchase Agreement (Rite Aid Corp)

AutoNDA by SimpleDocs

Post-Closing Tax Periods. From and after the Closing Date, for the portion of any Straddle Period that begins on the day after the Closing Date and any other Tax Period beginning after the Closing Date, without duplication of any amount otherwise payable by Purchaser pursuant to this Agreement, Purchaser shall pay, or cause the Company or any subsidiary to pay, to the appropriate Tax Authority any other Taxes due with respect to the Company or any subsidiary for any such period.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Unit Corp), Share Purchase Agreement (Unit Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!