Common use of Tax Treatment of Payments Clause in Contracts

Tax Treatment of Payments. Except to the extent otherwise required pursuant to a “determination” (within the meaning of Section 1313(a) of the Code or any applicable analogous provision of state, local or non-U.S. Law), the Parties agree (and agree to cause their respective affiliates) to treat any and all payments under Article IX as an adjustment to the Purchase Price for Tax purposes.

Appears in 3 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Broadcom Inc.), Asset Purchase Agreement (Symantec Corp)

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Tax Treatment of Payments. Except to the extent otherwise required pursuant to a “determination” (within the meaning of Section 1313(a) of the Code or any applicable analogous provision of state, local or non-U.S. Law), the Parties agree (and agree to cause their respective affiliates) to treat any and all payments under Article IX VII as an adjustment to the Purchase Price Transaction Consideration for Tax purposes.

Appears in 2 contracts

Samples: License and Asset Purchase Agreement (NanoString Technologies Inc), License and Asset Purchase Agreement (Veracyte, Inc.)

Tax Treatment of Payments. Except to the extent otherwise required pursuant to a “determination” (within the meaning of Section 1313(a) of the Code (or any applicable analogous similar provision of state, local or non-U.S. Law), for all applicable Tax purposes, the Parties agree (and agree to cause their respective affiliates) to treat any and all indemnification payments under made pursuant to Article IX V as an adjustment to the Purchase Price for Tax purposespurchase price.

Appears in 1 contract

Samples: Asset Purchase Agreement (Seagate Technology Holdings PLC)

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Tax Treatment of Payments. Except to the extent otherwise required pursuant to a “determination” (within the meaning of Section 1313(a) of the Code or any applicable analogous provision of state, local or non-U.S. Law), the Parties agree (and agree to cause their respective affiliatesAffiliates) to treat any and all payments under Article IX as an adjustment to the Purchase Price consideration for Tax purposes.

Appears in 1 contract

Samples: Asset Purchase Agreement (DoorDash Inc)

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