Common use of The Adjustment Clause in Contracts

The Adjustment. Escrow Agent shall not be liable to pay any Tax, if any, on any interest or other investment income earned on the Adjustment Escrowed Funds, it being the understanding of the parties that any such Tax shall be the responsibility of the party or parties entitled to receive the Adjustment Escrowed Funds and any such interest or other investment income, allocated between parties on the basis of the relative portions of the Adjustment Escrow Account to be paid to Purchaser and the Company or the Fund Holder, as the case may be, respectively, pursuant to Section 4(a) hereof