Tax Related Adjustments. Seller and Buyer agree that any payment of Indemnified Costs made hereunder by Buyer will be treated by the Parties on their tax returns as an adjustment to the taxable consideration received by Buyer in exchange for the Terminal.
Appears in 4 contracts
Samples: Transfer Agreement (Holly Energy Partners Lp), Transfer Agreement (HollyFrontier Corp), Transfer Agreement (Holly Energy Partners Lp)
Tax Related Adjustments. Seller and Buyer agree that any payment of Indemnified Costs made hereunder by Buyer will be treated by the Parties parties on their tax returns as an adjustment to the taxable consideration received by Buyer in exchange for the TerminalPurchase Price.
Appears in 3 contracts
Samples: LLC Interest Purchase Agreement (Holly Energy Partners Lp), Asset Purchase Agreement (Holly Energy Partners Lp), LLC Interest Purchase Agreement (Holly Energy Partners Lp)
Tax Related Adjustments. Seller and Buyer agree that any payment of Indemnified Costs made hereunder by Buyer will be treated by the Parties on their tax returns as an adjustment to the taxable consideration received by Buyer in exchange for the TerminalPurchase Price.
Appears in 3 contracts
Samples: LLC Interest Purchase Agreement (Holly Energy Partners Lp), LLC Interest Purchase Agreement (Holly Energy Partners Lp), LLC Interest Purchase Agreement
Tax Related Adjustments. Seller and Buyer agree that any payment of Indemnified Costs made hereunder by Buyer will be treated by the Parties on their tax returns as an adjustment to the taxable consideration received by Buyer in exchange for the El Paso Xxxxxxx Terminal.
Appears in 3 contracts
Samples: LLC Interest Purchase Agreement (Holly Energy Partners Lp), LLC Interest Purchase Agreement (Holly Energy Partners Lp), LLC Interest Purchase Agreement (HollyFrontier Corp)
Tax Related Adjustments. The Seller and the Buyer agree that any payment of Indemnified Costs made hereunder by Buyer will be treated by the Parties on their tax returns as an adjustment to the taxable consideration received by Buyer in exchange for the TerminalPurchase Price.
Appears in 3 contracts
Samples: Asset Purchase Agreement, Asset Purchase Agreement (Delek Logistics Partners, LP), Asset Purchase Agreement (Delek Logistics Partners, LP)
Tax Related Adjustments. Seller Sellers and Buyer agree that any payment of Indemnified Costs made hereunder by Buyer will be treated by the Parties parties on their tax returns as an adjustment to the taxable consideration received by Buyer in exchange for the TerminalPurchase Price.
Appears in 2 contracts
Samples: LLC Interest Purchase Agreement (HollyFrontier Corp), LLC Interest Purchase Agreement (Holly Energy Partners Lp)
Tax Related Adjustments. Seller The Sellers and Buyer the Buyers agree that any payment of Indemnified Costs made hereunder by Buyer will be treated by the Parties on their tax returns as an adjustment to the taxable consideration received by Buyer in exchange for the TerminalPurchase Price.
Appears in 2 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Valero Energy Partners Lp)
Tax Related Adjustments. Seller and Buyer agree that any payment of Indemnified Costs made hereunder by Buyer will be treated by the Parties on their tax returns as an adjustment to the taxable consideration received by Buyer in exchange for Cash Consideration component of the TerminalPurchase Price.
Appears in 2 contracts
Samples: LLC Interest Purchase Agreement (HollyFrontier Corp), LLC Interest Purchase Agreement (Holly Energy Partners Lp)
Tax Related Adjustments. Each Seller and Buyer agree that any payment of Indemnified Costs made hereunder by Buyer will be treated by the Parties on their tax returns as an adjustment to the taxable consideration received by Buyer in exchange for the TerminalPurchase Price.
Appears in 1 contract
