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

Purchase Price Allocation for Tax Purposes. For the purpose of making the requisite filings under Section 1060 of the Code and the regulations thereunder and for the calculation of any sales or other transfer taxes due in connection with the transactions contemplated hereby, Seller and Purchaser agree to allocate the Purchase Price (as adjusted pursuant to the provisions hereof) and any liabilities assumed by Purchaser under this Agreement entirely as provided in Exhibit A, Schedule 3. Seller hereby represents and warrants to Purchaser as follows:

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Rangeford Resources, Inc.), Purchase, Sale and Joint Exploration Agreement (Rangeford Resources, Inc.)

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Purchase Price Allocation for Tax Purposes. For the purpose of making the requisite filings under Section 1060 of the Code and the regulations thereunder and for the calculation of any sales or other transfer taxes due in connection with the transactions contemplated hereby, Seller and Purchaser agree to allocate the Purchase Price (as adjusted pursuant to the provisions hereof) and any liabilities assumed by Purchaser under this Agreement entirely as provided in Exhibit A, Schedule 3. Seller hereby represents and warrants to Purchaser as follows:Part 2.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Alpha Energy Inc), Purchase and Sale Agreement (Alpha Energy Inc)

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