Common use of Treatment of Indemnity Payments Clause in Contracts

Treatment of Indemnity Payments. Any indemnity payments made by an Indemnifying Party pursuant to this Article X shall be treated as an adjustment to the Purchase Price for federal, state and local Income Tax purposes.

Appears in 2 contracts

Samples: Stock Purchase Agreement (CAESARS ENTERTAINMENT Corp), Stock Purchase Agreement (Caesars Acquisition Co)

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Treatment of Indemnity Payments. Any indemnity payments made by an Indemnifying Party pursuant to this Article X IX shall be treated as an adjustment to the Purchase Price for federal, state and local Income all income Tax purposes, unless otherwise required by Law.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Entercom Communications Corp), Stock Purchase Agreement (Entercom Communications Corp)

Treatment of Indemnity Payments. Any indemnity payments made by an Indemnifying Party pursuant to this Article X shall be treated as an adjustment to the Purchase Price for federal, state and local Income Tax purposespurposes except as otherwise required under applicable Law.

Appears in 1 contract

Samples: Stock Purchase Agreement (Blucora, Inc.)

Treatment of Indemnity Payments. Any indemnity The Parties agree that, for Tax purposes, unless otherwise required by applicable Law, any indemnification payments made by an Indemnifying Party pursuant to this Article X VII shall be treated as an adjustment to the Purchase Price paid by the Investor and such agreed treatment shall govern for federal, state and local Income Tax purposespurposes of this Agreement.

Appears in 1 contract

Samples: Investment Agreement (Lexaria Bioscience Corp.)

Treatment of Indemnity Payments. Any The parties agree to treat any indemnity payments payment made by an Indemnifying Party pursuant to this Article X shall be treated VIII as an adjustment to the Purchase Price for federalall purposes, state and local Income Tax purposesincluding with respect to income Taxes.

Appears in 1 contract

Samples: Stock Purchase Agreement (Sucampo Pharmaceuticals, Inc.)

Treatment of Indemnity Payments. Any indemnity payments The Parties shall treat each payment made by an Indemnifying Party pursuant to under this Article X shall be treated VIII as an adjustment to the Purchase Price for federal, state and local Income Tax purposes, unless otherwise required by applicable Law.

Appears in 1 contract

Samples: Purchase Agreement (General Motors Co)

Treatment of Indemnity Payments. Any indemnity payments made by an Indemnifying Party pursuant to this Article X IX or Article VII shall be treated as an adjustment to the Purchase Price for federal, state and local Income income Tax purposes.

Appears in 1 contract

Samples: Stock Purchase Agreement (Lincoln National Corp)

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Treatment of Indemnity Payments. Any indemnity payments made by to an Indemnifying Indemnified Party pursuant to this Article X IX shall be treated as an adjustment to the Purchase Price for federal, state and local Income Tax purposespurposes to the extent permitted by Law.

Appears in 1 contract

Samples: Asset Purchase Agreement (Endurance International Group Holdings, Inc.)

Treatment of Indemnity Payments. Any indemnity payments made by an Indemnifying to a Buyer Indemnified Party or a Seller Indemnified Party, as applicable, pursuant to this Article X ARTICLE IX shall be treated as an adjustment to the Purchase Price for federal, state and local Income all Tax purposes.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (G Medical Innovations Holdings Ltd.)

Treatment of Indemnity Payments. Any indemnity payments made by an Indemnifying Party pursuant to this Article X IX shall be treated as an adjustment to the Purchase Price for federal, state and local Income income Tax purposes, except as otherwise required by applicable Law.

Appears in 1 contract

Samples: Purchase Agreement (Front Yard Residential Corp)

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