Common use of Allocation of Base Purchase Prices Clause in Contracts

Allocation of Base Purchase Prices. The allocations of Base Purchase Prices for each Property set forth on the Seller Information Schedule have been established by Purchaser, and Sellers have not, in any way, influenced such allocations among the Properties. Sellers agree and acknowledge that the allocation of the Base Purchase Prices among the Properties is a matter of strict confidence. Sellers shall not disclose the allocation of Base Purchase Prices among the Properties except to Sellers’ accountants, attorneys, Escrow Agent, or such other parties Sellers deem necessary in their reasonable discretion, and as otherwise required by law. Notwithstanding the foregoing, or any contrary provision set forth herein, at anytime prior to the Closing Date, Purchaser may, in Purchaser’s sole and absolute discretion (subject only to the reasonable objection of Sellers), reallocate the Base Purchase Prices for each Property that is 100% AIMCO Properties, L.P.-owned by written notice to Sellers, which notice shall constitute an amendment to this Agreement and shall be deemed to be a part hereof without any further action of Sellers (assuming Sellers have not reasonably objected to such reallocation).