Common use of Allocation of Purchase Price; Transfer Taxes Clause in Contracts

Allocation of Purchase Price; Transfer Taxes. (a) Consistent with applicable tax rules, the Buyer shall allocate the Purchase Price to the Assets. The Buyer shall prepare and file, in a timely fashion, forms in a manner consistent with such allocation with the relevant tax authority. All tax returns and reports filed or prepared by the Buyer and/or the Seller with respect to the transactions contemplated by this Agreement shall be consistent with the allocation made by the Buyer under this Section 7.1(a) .

Appears in 7 contracts

Samples: Asset Purchase Agreement (Papertradex (Us) Inc.), Asset Purchase Agreement (Mobilemail (Us) Inc.), Asset Purchase Agreement (Magenta Media (Us) Inc)

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Allocation of Purchase Price; Transfer Taxes. (a) Consistent with applicable tax rules, the Buyer shall allocate the Purchase Price to the Assets. The Buyer shall prepare and file, in a timely fashion, forms in a manner consistent with such allocation with the relevant tax authority. All tax returns and reports filed or prepared by the Buyer and/or the Seller with respect to the transactions contemplated by this Agreement shall be consistent with the allocation made by the Buyer under this Section 7.1(a§10.1(a) .

Appears in 2 contracts

Samples: Asset Purchase Agreement (Infrablue (Us) Inc.), Asset Purchase Agreement (Nextgen Bioscience Inc.)

Allocation of Purchase Price; Transfer Taxes. (a) Consistent with applicable tax rules, the Buyer Purchaser shall allocate the Purchase Price to the Assets. The Buyer Purchaser shall prepare and file, in a timely fashion, forms in a manner consistent with such allocation with the relevant tax authority. All tax returns and reports filed or prepared by the Buyer Purchaser and/or the Seller with respect to the transactions contemplated by this Agreement shall be consistent with the allocation made by the Buyer Purchaser under this Section 7.1(a) ).

Appears in 1 contract

Samples: Asset Purchase Agreement (Enhance Skin Products Inc)

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Allocation of Purchase Price; Transfer Taxes. (a) Consistent with applicable tax rules, the Buyer Purchaser shall allocate the Purchase Price to the Assets. The Buyer Purchaser shall prepare and file, in a timely fashion, forms in a manner consistent with such allocation with the relevant tax authority. All tax returns and reports filed or prepared by the Buyer Purchaser and/or the Seller with respect to the transactions contemplated by this Agreement shall be consistent with the allocation made by the Buyer Purchaser under this Section 7.1(a) 8.1(a).

Appears in 1 contract

Samples: Escrow Agreement (1st Home Buy & Sell Ltd.)

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