Common use of Transaction Deductions Clause in Contracts

Transaction Deductions. The Buyer and the Sellers shall each be allocated the income Tax deduction attributable to any Transaction Expense for which each party bears the economic detriment. For purposes of clarity, any income Tax deduction attributable to a Transaction Bonus shall be reflected in the Pre-Closing Tax Periods and shall not be deducted by the Buyer or any Affiliate thereof, including any Target Company after the Closing.

Transaction Deductions. The Buyer and the Sellers shall each be allocated the income Tax deduction attributable to any Transaction Expense for which each party bears the economic detriment. For purposes of clarity, any income Tax deduction attributable to a Transaction Bonus shall be reflected in the Pre-Closing Tax Periods and shall not be deducted by the Buyer or any Affiliate thereof, including any Target Company after the Closing.

Transaction Deductions. The Buyer and the Sellers shall each be allocated the income Tax deduction attributable to any Transaction Expense transaction expense for which each party bears the economic detriment. For purposes of clarity, any income Tax deduction attributable except to a Transaction Bonus shall be reflected in the Pre-Closing Tax Periods and shall not be deducted extent otherwise required by the Buyer or any Affiliate thereof, including any Target Company after the ClosingApplicable Law.

Transaction Deductions. The To the extent permitted by Applicable Law, the Buyer and the Sellers shall each be allocated the income Tax deduction attributable to any Transaction Expense transaction expense for which each party bears the economic detriment. For purposes of clarity, any income Tax deduction attributable to a Transaction Bonus shall be reflected in the Pre-Closing Tax Periods and shall not be deducted by the Buyer or any Affiliate thereof, including any Target Company after the Closing.