Tax Treatment of Indemnity Provisions. Each Party, to the extent permitted by applicable Law, agrees to treat any indemnity payments made pursuant to this Article VIII as adjustments to the Purchase Price for all U.S. federal and applicable state income and franchise Tax purposes.
Appears in 6 contracts
Samples: Purchase Agreement (Oneok Inc /New/), Purchase Agreement (HP Bulk Storage Manager, LLC), Purchase Agreement (Sprague Resources Holdings LLC)
Tax Treatment of Indemnity Provisions. Each Party, to the extent permitted by applicable Law, agrees to treat any indemnity payments made pursuant to this Article VIII VII as adjustments to the Purchase Price Consideration for all U.S. federal and applicable state income and franchise Tax purposes.
Appears in 2 contracts
Samples: Contribution Agreement (Hi-Crush Partners LP), Contribution Agreement (Mid-Con Energy Partners, LP)
Tax Treatment of Indemnity Provisions. Each Party, to the extent permitted by applicable Law, agrees to treat any indemnity payments made pursuant to this Article VIII IX as adjustments to the Purchase Price for all U.S. federal and applicable state income and franchise Tax purposes.
Appears in 1 contract
