Tax Treatment of Indemnity. The Parties agree that any indemnification payments made pursuant to this Agreement shall be treated for tax purposes as an adjustment to the Purchase Price.
Appears in 2 contracts
Samples: Stock Purchase Agreement (FriendFinder Networks Inc.), Stock Purchase Agreement (FriendFinder Networks Inc.)
Tax Treatment of Indemnity. The Parties parties agree that any indemnification payments made pursuant to this Agreement shall be treated for tax Tax purposes as an adjustment to the Purchase Priceconsideration for the purchase of the Securities, unless otherwise required by applicable law, in which event indemnification payments shall be made in an amount sufficient to indemnify the party on a net after-Tax basis.
Appears in 2 contracts
Samples: Restructuring Agreement (Prometheus Homebuilders LLC), Stock Purchase Agreement (Fortress Group Inc)
Tax Treatment of Indemnity. The Parties agree that any All indemnification payments made pursuant to under this Agreement shall be treated for tax purposes by the parties as an adjustment to the Purchase Price.Price for Tax purposes, unless otherwise required by Law. ARTICLE 7
Appears in 2 contracts
Samples: Asset Purchase Agreement (HF Foods Group Inc.), Asset Purchase Agreement (HF Foods Group Inc.)
Tax Treatment of Indemnity. The Parties parties agree that any indemnification -------------------------- payments made pursuant to this Agreement shall be treated for tax Tax purposes as an adjustment to the Purchase Priceconsideration for the purchase of the Bridge Preferred Shares, unless otherwise required by Applicable Law, in which event indemnification payments shall be made in an amount sufficient to indemnify the party on a net after-Tax basis.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Tc Group LLC), Securities Purchase Agreement (Tc Group LLC)
Tax Treatment of Indemnity. The Parties parties agree that any indemnification payments made pursuant to this Agreement shall be treated for tax Tax purposes as an adjustment to the Purchase Priceconsideration for the purchase of the Preferred Shares, unless otherwise required by applicable law, in which event indemnification payments shall be made in an amount sufficient to indemnify the party on a net after-Tax basis.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Mentor Corp /Mn/), Stock Purchase Agreement (Mentor Corp /Mn/)
Tax Treatment of Indemnity. The Parties parties agree that any -------------------------- indemnification payments made pursuant to this Agreement shall be treated for tax Tax purposes as an adjustment to the Purchase Priceconsideration for the purchase of the Securities, unless otherwise required by applicable law, in which event indemnification payments shall be made in an amount sufficient to indemnify the party on a net after-Tax basis.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Prometheus Homebuilders LLC), Securities Purchase Agreement (Tc Group LLC)
Tax Treatment of Indemnity. The Parties parties agree that any -------------------------- indemnification payments made pursuant to this Agreement shall be treated for tax Tax purposes as an adjustment to the Purchase Price.consideration for the purchase of the Securities, unless otherwise required by applicable law, in which event indemnification payments shall be made in an amount sufficient to indemnify the party on a net after-Tax basis. ARTICLE
Appears in 1 contract
Samples: Stock Purchase Agreement (Prometheus Homebuilders Funding Corp)
Tax Treatment of Indemnity. The Parties parties agree that any indemnification payments made pursuant to this Agreement shall be treated for tax Tax purposes as an adjustment to the Purchase Priceconsideration for the purchase of the Bridge Preferred Shares, unless otherwise required by Applicable Law, in which event indemnification payments shall be made in an amount sufficient to indemnify the party on a net after-Tax basis.
Appears in 1 contract
Tax Treatment of Indemnity. The Parties parties agree that -------------------------- any indemnification payments made pursuant to this Agreement shall be treated for tax Tax purposes as an adjustment to the Purchase Priceconsideration for the purchase of the Securities, unless otherwise required by applicable law, in which event indemnification payments shall be made in an amount sufficient to indemnify the party on a net after-Tax basis.
Appears in 1 contract
Samples: Stock Purchase Agreement (Prometheus Homebuilders Funding Corp)
