Examples of Tax Allocation Schedule in a sentence
If Seller believes that all or a portion of the Tax Allocation Schedule is incorrect and Seller notifies Purchaser in a writing including a description of the objection and basis supporting Seller’s objections and any calculations or documentation that support the objection, within 30 (thirty) days after having received such Tax Allocation Schedule.
Each of Diablo and ATS shall report the purchase and sale of the Diablo Assets and the Diablo Business and the other Transactions in accordance with the Tax Allocation Schedule for purposes of all federal, state and local Tax Returns and shall not take, and shall cause their respective Affiliates, representatives, successors and assigns not to take, any position on any federal, state or local Tax Return or report, inconsistent with such reporting position.
Any disputes regarding the Tax Allocation Schedule shall be resolved in accordance with Section 8.3(a).
Each of Seller and ATS shall report the purchase and sale of the Seller Assets and the Seller Business and the other Transactions in accordance with the Tax Allocation Schedule for purposes of all federal, state and local Tax Returns and shall not take, and shall cause their respective Affiliates, representatives, successors and assigns not to take, any position on any federal, state or local Tax Return or report, inconsistent with such reporting position.
The Parties agree that any adjustment to the Purchase Price made after the finalization of the Tax Allocation Schedule shall be reflected in an adjustment to the Tax Allocation Schedule.
Purchaser shall cooperate with Sellers in the preparation of the Tax Allocation Schedule.
Sellers and Buyer shall provide each other with such cooperation and information as either of them reasonably may request of the other in determining the Purchase Price Tax Allocation Schedule, filing any Tax Return pursuant to this Article VII, or in connection with any audit or other proceeding in respect of Taxes of the Company.
Purchaser and Seller shall report the purchase of the Assets in accordance with the Tax Allocation Schedule and Section 1060 of the Code for purposes of all federal, state and local tax returns (including amended returns and claims for refund and the filing of IRS Form 8594)) and information reports.
If Purchaser objects to an allocation on the Tax Allocation Schedule, Purchaser and Sellers shall endeavor to resolve the matter.
The parties shall cooperate with each other and to provide each other with such information as the other may reasonably request in connection with the determination of the Tax Allocation Schedule.