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Berry Petroleum Company (BRY)
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BRY » Topics » Post-Closing Actions Which Affect Seller's Tax Liability

This excerpt taken from the BRY 10-Q filed Jul 25, 2008.
Post-Closing Actions Which Affect Seller's Tax Liability.
 
(a)           Except as set forth in ‎Section 10.1(d), Purchaser shall not and shall not permit its Affiliates to take any action which could increase any Seller Party's liability for Taxes (including any liability of Seller to indemnify Purchaser for Taxes under this Agreement).
 
(b)           Except to the extent required by applicable Laws, Purchaser shall not and shall not permit its Affiliates to amend any Tax Return with respect to a taxable period for which any Seller Party may be liable to indemnify Purchaser for Taxes under ‎Section 10.1.
 

"Post-Closing Actions Which Affect Seller's Tax Liability" elsewhere:

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