Examples of Initial Allocation Schedule in a sentence
The Initial Allocation Schedule shall be prepared in accordance with the principles of Section 1060 of the Code and the Treasury regulations pursuant thereto or any successor provision.
Except as provided in Section 2.6(b) or Section 2.6(c) below, at the close of business on the 60th calendar day after the delivery of the Initial Allocation Schedule, the Initial Allocation Schedule shall become binding upon each of the Buyer (and its Affiliates) and the Seller (and its Affiliates) and shall be the final allocation schedule (the “Final Allocation Schedule”).
None of the Sellers, Buyer or Permal shall take a position on any Tax Return with any United States taxing authority that is inconsistent with a finalized Initial Allocation Schedule or Year 2/Year 4/Post-Year 4 Allocation Schedule.
The Initial Allocation Schedule sets forth the true, correct and complete listing, as of the date of this Agreement, of (1) all holders of Equity Interests in the Target Company and the number and type of Equity Interests held by such Person and (2) the percentage of Aggregate Share Consideration allocable to each such holder in connection with the consummation of the transactions contemplated hereunder.
The Initial Allocation Schedule shall be prepared in a manner consistent with the fair market values of the applicable Properties and in accordance with Code Section 1060 and consistent with the foregoing, the parties agree that substantially all the value in excess of the book value of each Company’s tangible assets will be allocated to goodwill and customer relationships.
No later than ninety (90) days following the Closing Date, the Seller shall prepare a proposed allocation schedule (the “Initial Allocation Schedule”) and provide such Initial Allocation Schedule to the Buyer.
A draft allocation schedule (the "Initial Allocation Schedule"), setting forth the Tax Purchase Price and the allocation of such Tax Purchase Price among the assets of TDS USA shall be provided by Buyer to DEI and Seller within two (2) months after the Closing Date.
The amount of the Initial Earnout shall be allocated among Permal’s assets pro rata in proportion to the allocation of the Initial Closing Consideration among the assets as set forth on the finalized Initial Allocation Schedule.
For the avoidance of doubt, the Initial Allocation Schedule shall include sufficient information for the Purchasers to determine the availability of any Transfer Tax exemptions, including but not limited to the GST relief for forestry licenses under section 162 of the Excise Tax Act (Canada) and PST resale exemptions for Transferred Inventory and exemptions for production machinery and equipment.
Section 16-1-65(a) - General Description of the Property, Field of Operation and Existing Business Interests of the Applicant In addition to the information provided in Sections III and IV above, see Exhibit 2 (NU 1998 Annual Report) Exhibit 3 (NU SEC Form 10-K for year ended 12/31/98) and Exhibit 4 (NU SEC Form 10-Q dated March 31, 1999).