Common use of Allocation for Federal Income Tax Purposes Clause in Contracts

Allocation for Federal Income Tax Purposes. For U.S. federal income tax purposes, the Refinancing Gain payment to TxDOT is allocated between the right to toll the Toll Lanes and rent for Project Right of Way based on the relative fair market values of such rights as of the Effective Date, which are [●]% and [●]%, respectively.

Allocation for Federal Income Tax Purposes. For U.S. federal income tax purposes, the Refinancing Gain payment to TxDOT is allocated between the right to toll the Toll Lanes and rent for Project Right of Way based on the relative fair market values of such rights as of the Effective Date, which are [●]80% and [●]20%, respectively.