Common use of Tax Treatment of Indemnity Payments Clause in Contracts

Tax Treatment of Indemnity Payments. The Seller and the Purchaser agree to treat any indemnity payment made pursuant to this Article 9 as an adjustment to the Purchase Price for federal, state, local and foreign income tax purposes.

Appears in 18 contracts

Samples: Stock Purchase Agreement (IBC Equity Holdings), Stock Purchase Agreement (Thalia Woods Management, Inc.), Stock Purchase Agreement (CP US Income Group, LLC)

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Tax Treatment of Indemnity Payments. The Seller Sellers and the Purchaser agree to treat any indemnity payment made pursuant to this Article 9 as an adjustment to the Purchase Price for federal, state, local and foreign income tax purposes.

Appears in 11 contracts

Samples: Stock Purchase Agreement (WPCS International Inc), Stock Purchase Agreement (National Investment Managers Inc.), Stock Purchase Agreement (WPCS International Inc)

Tax Treatment of Indemnity Payments. The Seller and the Purchaser Buyer agree to treat any indemnity payment made pursuant to this Article 9 IX as an adjustment to the Purchase Price for federal, state, and local and foreign income tax Tax purposes.

Appears in 10 contracts

Samples: Asset Purchase Agreement (Algonquin Power & Utilities Corp.), Asset Purchase Agreement (Algonquin Power & Utilities Corp.), Asset Purchase Agreement (Atmos Energy Corp)

Tax Treatment of Indemnity Payments. The Seller Group and the Purchaser agree to treat any indemnity payment made pursuant to this Article 9 VIII as an adjustment to the Purchase Price for federal, state, local and foreign income tax Tax purposes.

Appears in 2 contracts

Samples: Assumption and First Amended Asset Purchase Agreement, Assumption and First Amended Asset Purchase Agreement (Frischs Restaurants Inc)

Tax Treatment of Indemnity Payments. The Seller and the Purchaser Buyer agree to treat any indemnity payment made pursuant to this Article 9 Section 10 as an adjustment to the Purchase Price for federalunder this Agreement, state, local and foreign income tax purposesunless otherwise required by applicable Legal Requirements.

Appears in 2 contracts

Samples: Escrow Agreement, Asset Purchase Agreement (Cafepress Inc.)

Tax Treatment of Indemnity Payments. The Seller Sellers and the Purchaser agree to treat any indemnity payment made pursuant to this Article 9 10 as an adjustment to the Purchase Price for federal, state, local and foreign income tax purposes.

Appears in 2 contracts

Samples: Share Purchase Agreement (Single Touch Systems Inc), Membership Interest Purchase Agreement (Mesa Energy Holdings, Inc.)

Tax Treatment of Indemnity Payments. The Seller and the Purchaser agree to treat any indemnity payment made pursuant to this Article 9 as an adjustment to the Purchase Price purchase price for federal, state, local and foreign income tax purposes.

Appears in 1 contract

Samples: Stock Purchase Agreement (Titan Global Holdings, Inc.)

Tax Treatment of Indemnity Payments. The Seller and the Purchaser agree to treat any indemnity payment made pursuant to this Article 9 as an adjustment to the Purchase Price for the G&B Shares or the Gilco Shares, as applicable, for federal, state, local and foreign income tax purposes.

Appears in 1 contract

Samples: Stock Purchase Agreement (Seacor Smit Inc)

Tax Treatment of Indemnity Payments. The Seller Sellers and the Purchaser agree to treat any indemnity payment made pursuant to this Article 9 as an adjustment to the Initial Purchase Price for federal, state, local and foreign income tax purposes.

Appears in 1 contract

Samples: Stock Purchase Agreement (Science Dynamics Corp)

Tax Treatment of Indemnity Payments. The Seller Representative (on behalf of the Sellers) and the Purchaser agree to treat any indemnity payment made pursuant to this Article 9 as an adjustment to the Purchase Price Final Merger Consideration for federal, state, local and foreign income tax purposesTax purposes except as otherwise required by Law after consultation with the other parties.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Blackbaud Inc)

Tax Treatment of Indemnity Payments. The Seller Seller, Xxxxxxxx and the Purchaser Buyer agree to treat any indemnity payment made pursuant to this Article 9 Section 11 as an adjustment to the Purchase Price for federal, state, local and foreign income tax purposes.

Appears in 1 contract

Samples: Stock Purchase Agreement (Orleans Homebuilders Inc)

Tax Treatment of Indemnity Payments. The Seller and the Purchaser agree to treat any indemnity payment made pursuant to this Article 9 7 as an adjustment to the Adjusted Purchase Price for federal, state, local and foreign income tax purposes.

Appears in 1 contract

Samples: Purchase Agreement (Oneok Inc /New/)

Tax Treatment of Indemnity Payments. The Seller and the Purchaser agree to treat any indemnity payment made pursuant to this Article 9 8 as an adjustment to the Purchase Price for federal, state, local and foreign income tax all Tax purposes.

Appears in 1 contract

Samples: Asset Purchase Agreement (Insteel Industries Inc)

Tax Treatment of Indemnity Payments. The Seller Parties and the Purchaser Buyers agree to treat any indemnity payment made pursuant to this Article Section 9 as an adjustment to the US Purchase Price or Non-US Purchase Price, as applicable, for federal, state, local and foreign income tax purposesTax purposes to the extent permitted by applicable law.

Appears in 1 contract

Samples: Unit Purchase Agreement (Ruddick Corp)

Tax Treatment of Indemnity Payments. The Seller and the Purchaser Buyer agree to treat any indemnity payment made pursuant to this Article 9 as an adjustment to the Purchase Price for federalTax purposes, state, local and foreign income tax purposesexcept as otherwise required by Law.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Spark Energy, Inc.)

Tax Treatment of Indemnity Payments. The Seller Buyers and the Purchaser Sellers agree to treat any indemnity payment made pursuant to this Article 9 Section 9.3, as an adjustment to the consideration paid pursuant to Article 3 of this Purchase Price and Sale Agreement for federal, state, local and foreign income tax purposes.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Inso Corp)

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Tax Treatment of Indemnity Payments. The Seller and the Purchaser Buyers agree to treat any indemnity payment made pursuant to this Article 9 Section 8 as an adjustment to the Purchase Price for federal, state, and local and foreign income tax Tax purposes.

Appears in 1 contract

Samples: Stock Purchase Agreement (Unisource Energy Corp)

Tax Treatment of Indemnity Payments. The Seller Sellers and the Purchaser Buyer agree to treat any indemnity payment made pursuant to this Article 9 8 as an adjustment to the Purchase Price for federal, state, local and foreign income tax purposes.

Appears in 1 contract

Samples: Stock and Asset Purchase Agreement (Media General Inc)

Tax Treatment of Indemnity Payments. The Seller Sellers and the Purchaser agree to treat any indemnity payment made pursuant to this Article 9 11 as an adjustment to the Purchase Price for federal, state, local and foreign income tax Tax purposes.

Appears in 1 contract

Samples: Purchase Agreement (Banctec Inc)

Tax Treatment of Indemnity Payments. The Seller Representing Sellers and the Purchaser agree to treat any indemnity payment made pursuant to this Article 9 10 as an adjustment to the Purchase Price Purchaser's tax and accounting basis in the Company for federal, state, local and foreign income tax purposes.

Appears in 1 contract

Samples: Stock Exchange Agreement (Protosource Corp)

Tax Treatment of Indemnity Payments. The Seller Sellers and the Purchaser Buyer agree to treat any indemnity payment made pursuant to this Article 9 Section 7 as an adjustment to the Purchase Price for federal, state, local and foreign income tax purposesTax purposes to the extent permitted by applicable Law.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (MSA Safety Inc)

Tax Treatment of Indemnity Payments. The Seller and the Purchaser Buyer agree to treat any indemnity payment made pursuant to this Article 9 8 as an adjustment to the Purchase Price for federal, state, local and foreign income tax purposes.

Appears in 1 contract

Samples: Interest Purchase Agreement (WPCS International Inc)

Tax Treatment of Indemnity Payments. The Seller Sellers and the Purchaser agree to treat any indemnity payment made pursuant to this Article 9 7 as an adjustment to the Purchase Price for federal, state, local and foreign income tax purposes.

Appears in 1 contract

Samples: Share Exchange Agreement (Ecoark Holdings, Inc.)

Tax Treatment of Indemnity Payments. The Seller and the Purchaser Buyer agree to treat any indemnity payment made pursuant to this Article 9 Section 10 as an adjustment to the Purchase Price for federal, state, local and foreign income tax purposespurposes unless a contrary treatment is required under applicable law.

Appears in 1 contract

Samples: Equity Purchase Agreement (Polymedica Corp)

Tax Treatment of Indemnity Payments. The Seller and the Purchaser agree to shall treat any indemnity payment made pursuant to this Article 9 as an adjustment to the Purchase Price Exchange Consideration for federal, state, local and foreign income tax purposes, except to the extent otherwise required by law.

Appears in 1 contract

Samples: Stock Exchange Agreement and Plan of Reorganization (Zulu Energy Corp.)

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