Allocation of Contribution Consideration. The parties agree that the Contribution Consideration shall be allocated 5% to the Tangible Personal Property, and the balance to the Land and to the Improvements as the parties may agree. The Acquiror and the Contributor agree to use the allocation of Contribution Consideration in this Section 2.5 to complete IRS Form 8594, if such form is required to be filed by the Acquiror and the Contributor.
Appears in 5 contracts
Samples: Contribution Agreement (Innkeepers Usa Trust/Fl), Contribution Agreement (Innkeepers Usa Trust/Fl), Contribution Agreement (Innkeepers Usa Trust/Fl)
Allocation of Contribution Consideration. The parties agree that the Contribution Consideration shall be allocated 5% to the Tangible Personal Property, and the balance to the Land and to the Improvements as the parties may agree. The Acquiror and the Contributor agree to use the allocation of Contribution Consideration in this Section 2.5 to complete IRS Form 8594, if such form is required to be filed by the Acquiror and the Contributor.if
Appears in 1 contract
