Common use of ALLOCATION OF PURCHASE PRICE AMONG PURCHASED ASSETS Clause in Contracts

ALLOCATION OF PURCHASE PRICE AMONG PURCHASED ASSETS. The Purchase Price shall be allocated for tax purposes among each item or class of Purchased Assets as mutually agreed to by Purchaser and Seller and set forth on Schedule 3.4 attached hereto. Seller and Purchaser agree that they will prepare and file any notice or other filing required pursuant to Section 1060 of the Code, and that any such notices or filings will be prepared based upon such tax allocation of the Purchase Price. Purchaser agrees to send to Seller a completed copy of its Form 8594 ("Asset Acquisition Statement under Section 1060") with respect to this transaction prior to filing such form with the Internal Revenue Service.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Vornado Operating Co), Asset Purchase Agreement (Vornado Operating Co), Asset Purchase Agreement (Vornado Operating Co)

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ALLOCATION OF PURCHASE PRICE AMONG PURCHASED ASSETS. The Purchase Price shall be allocated for tax purposes among each item or class of the Purchased Assets as mutually agreed to by Purchaser and Seller and set forth on Schedule 3.4 3.1 attached hereto. Seller and Purchaser agree that they will prepare and file any notice or other filing required pursuant to Section 1060 of the Internal Revenue Code of 1986, as amended (the "Code"), and that any such notices or filings will be prepared based upon such tax allocation of the Purchase Price. Purchaser agrees to send to Seller a completed copy of its Form 8594 ("Asset Acquisition Statement under Section 1060") with respect to this transaction prior to filing such form with the Internal Revenue Service.

Appears in 1 contract

Samples: Purchase Agreement (Vornado Operating Co)

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ALLOCATION OF PURCHASE PRICE AMONG PURCHASED ASSETS. The Purchase Price shall be allocated for tax purposes among each item or class of Purchased Assets and the Noncompetition and Nonsolicitation Agreements as mutually agreed to by Purchaser and Seller and set forth on Schedule 3.4 3.7 attached hereto. Seller and Purchaser agree that they will prepare and file any notice or other filing required pursuant to Section 1060 of the Code, and that any such notices or filings will be prepared based upon such tax allocation of the Purchase Price. Purchaser agrees to send to Seller a completed copy of its Form 8594 ("Asset Acquisition Statement under Section 1060") with respect to this transaction prior to filing such form with the Internal Revenue Service.

Appears in 1 contract

Samples: Asset Purchase Agreement (Profit Recovery Group International Inc)

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