Tax Treatment of Indemnification Amounts. Sellers and Buyer agree that any amounts recoverable by any party pursuant to this Article XI with respect to any Buyer’s Losses or Sellers’ Losses shall be treated as adjustments to the Purchase Price for all Tax purposes.
Appears in 4 contracts
Samples: Asset Purchase and Sale Agreement (Linn Energy, LLC), Asset Purchase and Sale Agreement (Linn Energy, LLC), Asset Purchase and Sale Agreement (Linn Energy, LLC)
Tax Treatment of Indemnification Amounts. LP Sellers and Buyer agree that any amounts recoverable by any party pursuant to this Article XI with respect to any Buyer’s Losses or LP Sellers’ Losses shall be treated as adjustments to the Purchase Price for all Tax purposes.
Appears in 1 contract
Samples: Limited Partnership Asset Purchase and Sale Agreement (Linn Energy, LLC)