Common use of Tax Treatment of Payments Clause in Contracts

Tax Treatment of Payments. Seller and Buyer shall treat any adjustments or indemnity payments made pursuant to this Agreement as adjustments to the Purchase Price for income Tax purposes unless applicable Tax Law causes such payment not to be so treated.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Elanco Animal Health Inc), Equity and Asset Purchase Agreement (Danaher Corp /De/), Asset Purchase Agreement (Western Alliance Bancorporation)

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Tax Treatment of Payments. Seller and Buyer shall treat any adjustments or indemnity payments made pursuant to this Agreement as adjustments to the Purchase Price for income Tax purposes unless applicable Tax Law causes such payment not to be so treated.

Appears in 1 contract

Samples: Asset Purchase Agreement (Hyliion Holdings Corp.)

Tax Treatment of Payments. Seller and Buyer shall treat any purchase price adjustments or indemnity payments made pursuant to this Agreement as adjustments to the Purchase Price for income Tax purposes unless applicable Tax Law causes such payment not to be so treated.

Appears in 1 contract

Samples: Stock and Asset Purchase Agreement (Identiv, Inc.)

Tax Treatment of Payments. Seller and Buyer Purchaser shall treat any adjustments or indemnity payments made pursuant to this Agreement as adjustments to the Final Purchase Price for income Tax purposes unless applicable Tax Law law causes such payment not to be so treated.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Penske Automotive Group, Inc.)

Tax Treatment of Payments. Seller and Buyer shall treat any adjustments or indemnity payments made pursuant to this Agreement as adjustments to the Purchase Price for all federal, state, local, and foreign income Tax purposes unless applicable purposes, and the parties agree to, and shall cause their respective Affiliates to, file their Tax Law causes such payment not to be so treatedReturns accordingly.

Appears in 1 contract

Samples: Asset Purchase Agreement (On Semiconductor Corp)

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Tax Treatment of Payments. Unless otherwise required by applicable Law, Seller and Buyer shall treat any adjustments or Purchase Price adjustment and any indemnity payments made payment, in each case pursuant to this Agreement hereto, as adjustments to the Purchase Price for income Tax purposes unless applicable Tax Law causes such payment not to be so treatedpurposes.

Appears in 1 contract

Samples: Equity Purchase Agreement (Wynn Resorts LTD)

Tax Treatment of Payments. Seller The Sellers and Buyer shall treat any adjustments or indemnity payments made pursuant to this Agreement as adjustments to the Closing Purchase Price for income Income Tax purposes unless except as otherwise required by applicable Tax Law causes such payment not to be so treatedLaw.

Appears in 1 contract

Samples: Purchase Agreement (RXO, Inc.)

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