Common use of Post-Closing Payments Clause in Contracts

Post-Closing Payments. The parties agree that any (i) payment of the Adjustment Amount pursuant to Section 2.05(g), (ii) payment made pursuant to this Article VI or (iii) indemnification payment made pursuant to Article IX shall be treated as an adjustment to the portion of the Purchase Price attributable to the relevant Purchased Shares and to treat such adjustments consistently therewith for U.S. federal income and other applicable Tax purposes, to the extent permitted by applicable Law.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Harsco Corp), Stock Purchase Agreement (Stericycle Inc)

Post-Closing Payments. The parties agree that any (i) payment of the Adjustment Amount pursuant to Section 2.05(g), 2.04(e) or (ii) payment made pursuant to this Article VI or (iii) indemnification payment made pursuant to Article IX shall be treated for U.S. federal income and other applicable Tax purposes as an adjustment to the portion of the Purchase Price attributable to the relevant Purchased Shares and to treat such adjustments consistently therewith for U.S. federal income and other applicable Tax purposesInterests, to the extent permitted by applicable Law.

Appears in 1 contract

Sources: Securities and Asset Purchase Agreement (Modine Manufacturing Co)

Post-Closing Payments. The parties agree that any (i) payment of the Adjustment Amount pursuant to Section 2.05(g), 2.05(e) or (ii) payment made pursuant to this Article VI or (iii) indemnification payment made pursuant to Article IX shall be treated as an adjustment to the portion of the Purchase Price attributable to the relevant Purchased Shares Foreign Notes and Subsidiary Interests and to treat such adjustments consistently therewith for U.S. federal income and other applicable Tax purposes, to the extent permitted by applicable Law.

Appears in 1 contract

Sources: Securities Purchase Agreement (Actuant Corp)