Common use of Purchase Price Allocation for Tax Purposes Clause in Contracts

Purchase Price Allocation for Tax Purposes. Seller and Buyer agree that the Purchase Price shall be allocated to the various Assets for federal and state income tax purposes as shown on Exhibit 8.10. The Parties further agree that the allocations set forth on Exhibit 8.10 represent reasonable estimates of the fair market values of the Assets described therein.

Appears in 3 contracts

Samples: Asset Purchase Agreement (PetroShare Corp.), Asset Purchase Agreement (PetroShare Corp.), Asset Purchase Agreement (PetroShare Corp.)

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Purchase Price Allocation for Tax Purposes. Seller and Buyer agree that the Purchase Price shall be allocated to the various Assets for federal and state income tax purposes as shown on Exhibit 8.10. A. The Parties further agree that the allocations set forth on Exhibit 8.10 A represent reasonable estimates of the fair market values of the Assets described therein.

Appears in 3 contracts

Samples: Asset Purchase Agreement (PetroShare Corp.), Asset Purchase Agreement (PetroShare Corp.), Asset Purchase Agreement (PetroShare Corp.)

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