Common use of IRS Form 8594 Clause in Contracts

IRS Form 8594. If required by applicable law, Seller and Buyer shall cooperate in the preparation of Internal Revenue Service Form 8594 pursuant to Section 1060 of the Internal Revenue Code of 1986, as amended, and the Treasury Regulations promulgated thereunder, to report the allocation of the Purchase Price among the Assets. To the extent required by said Section 1060, and any regulations promulgated thereunder, any such allocation shall be consistent with the Purchase Price allocation set forth in Exhibit D.

Appears in 3 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (QR Energy, LP), Purchase and Sale Agreement (QR Energy, LP)

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IRS Form 8594. If required by applicable law, Seller and Buyer shall cooperate in the preparation of Internal Revenue Service Form 8594 pursuant to Section 1060 of the Internal Revenue Code of 1986, as amended, and the Treasury Regulations promulgated thereunder, to report the allocation of the Purchase Price among the Assets. To the extent required by said Section 1060, and any regulations promulgated thereunder, any such allocation shall be consistent with the Purchase Price allocation set forth in Exhibit D.D. ARTICLE IX

Appears in 1 contract

Samples: Purchase and Sale Agreement

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