Examples of Asset Acquisition in a sentence
No additional Partnership Interests shall be issued in connection with any amounts paid to the Partnership which are generated from the operation or sale of a property or interest therein acquired either directly or indirectly by the General Partner in whole or in part with the proceeds from an Asset Acquisition Distribution, an Asset Acquisition Redemption or an Asset Acquisition Contribution (“General Partner Property”).
On November 25, 2014, the Company changed its name to Sibannac, Inc.On August 19, 2015, we entered into an Asset Acquisition Agreement with Apollo Media Network, Inc., a Delaware corporation (“Apollo”) whereby all of the assets of Apollo would be acquired by the Company from Apollo.
Pursuant to the Asset Acquisition Agreement, the closing of the Acquisition was effective August 31, 2015, although completed later.
Buyer and Seller agree to file (at such times and in such manner as may be required by applicable Legal Requirements) all relevant returns and reports (including, without limitation, Forms 8594, Asset Acquisition Statements, and all income and other tax returns) on the basis of such allocations.
Use Form 8594, Asset Acquisition Statement Under Section 1060, to provide this information.