Common use of Tax Character Clause in Contracts

Tax Character. Seller and Buyer agree that any payments ------------- pursuant to this Article X will be treated for federal and state income --------- tax purposes as adjustments to the purchase price of the Shares, and that they will report such payments on all Tax Returns consistently with such characterization.

Appears in 1 contract

Samples: Stock Purchase Agreement (Advanced Communications Group Inc/De/)

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Tax Character. The Seller and the Buyer agree that any payments ------------- pursuant to this Article ARTICLE X will be treated for federal and state income --------- tax purposes as adjustments to the purchase price of the Shares, and that they will report such payments on all Tax Returns consistently with such characterization.

Appears in 1 contract

Samples: Stock Purchase Agreement (Vacation Ownership Marketing Inc)

Tax Character. Seller and Buyer Purchaser agree that any payments ------------- pursuant to this Article X will be treated for federal and state income --------- tax purposes as adjustments to the purchase price of the SharesMembership Interest, and that they will report such payments on all Tax Returns consistently with such characterization.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (American Real Estate Partners L P)

Tax Character. Seller and Buyer agree that any payments ------------- pursuant to this Article X will be treated for federal and state income --------- tax purposes as adjustments to the purchase price of the Shares, and that they will report such payments on all Tax Returns consistently with such characterization.

Appears in 1 contract

Samples: Stock Purchase Agreement (Health Power Inc /De/)

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Tax Character. Seller and Buyer Purchaser agree that any payments ------------- pursuant to this Article X will be treated for federal and state income --------- tax purposes as adjustments to the purchase price Purchase Price of the SharesSecurities, and that they will report such payments on all Tax Returns consistently with such characterization.

Appears in 1 contract

Samples: Purchase Agreement (American Real Estate Partners L P)

Tax Character. Seller and Buyer agree that any payments ------------- pursuant to this Article X will be treated for federal and state income --------- tax purposes as adjustments to the purchase price of the SharesAssets, and that they will report such payments on all Tax Returns consistently with such characterization.

Appears in 1 contract

Samples: Asset Purchase Agreement (Health Power Inc /De/)

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