Tax Treatment of Indemnity. Seller and Buyer agree that any indemnity payments made under this Agreement shall be treated as adjustments to the Purchase Price for all tax purposes, unless otherwise required by Applicable Law.
Appears in 3 contracts
Samples: Purchase and Sale Agreement (Strategic Student & Senior Housing Trust, Inc.), Agreement of Purchase and Sale (Industrial Logistics Properties Trust), Purchase and Sale Agreement (FRP Holdings, Inc.)
Tax Treatment of Indemnity. Seller Sellers and Buyer agree that any indemnity payments made under this Agreement shall be treated as adjustments to the Purchase Price for all tax purposes, unless otherwise required by Applicable Law.
Appears in 2 contracts
Samples: Agreement of Purchase and Sale, Purchase and Sale Agreement (Forestar Group Inc.)
Tax Treatment of Indemnity. Seller and Buyer Purchaser agree that any indemnity payments made under this Agreement shall be treated as adjustments to the Purchase Price for all income tax purposes, unless otherwise required by Applicable Lawa Determination.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Braemar Hotels & Resorts Inc.)
Tax Treatment of Indemnity. Seller Sellers and Buyer agree that any indemnity payments made under this Agreement shall be treated as adjustments to the Purchase Price for all tax purposes, unless otherwise required a final determination by Applicable Lawthe U.S. Internal Revenue Service or other applicable taxing authority provides otherwise.
Appears in 1 contract
Samples: Agreement of Purchase and Sale (Douglas Emmett Inc)
Tax Treatment of Indemnity. Buyer and Seller and Buyer agree that any indemnity payments made payment under this Agreement shall be treated for all Tax and financial reporting purposes as adjustments an adjustment to the Purchase Price for all tax purposes, unless otherwise required by Applicable LawPrice.
Appears in 1 contract
Samples: Stock Purchase Agreement (Consolidated Stores Corp /De/)
