Common use of Adjustment; Allocation Clause in Contracts

Adjustment; Allocation. Pursuant to the terms of Exhibit B, Buyer and Seller have allocated the Purchase Price among the Company Assets as set forth on Exhibit F and such values shall be used for purposes of calculating adjustments to the Base Purchase Price under the procedures set forth on Exhibit B. Notwithstanding anything herein to the contrary, neither Party shall be bound for Tax purposes by the Allocated Values (as defined in Exhibit B) set forth on Exhibit F to this Agreement.

Appears in 2 contracts

Sources: Membership Interest Purchase and Sale Agreement, Membership Interest Purchase and Sale Agreement (Constellation Energy Partners LLC)

Adjustment; Allocation. Pursuant to the terms of Exhibit BA, Buyer and Seller Sellers have allocated the Purchase Price among the Company Assets as set forth on Exhibit F H and such values shall be used for purposes of calculating adjustments to the Base Purchase Price under the procedures set forth on Exhibit B. A. Notwithstanding anything herein to the contrary, neither no Party shall be bound for Tax purposes by the Allocated Values (as defined in Exhibit BA) set forth on Exhibit F H to this Agreement.

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Sanchez Production Partners LP), Purchase and Sale Agreement

Adjustment; Allocation. Pursuant to the terms of Exhibit BA, Buyer and Seller have allocated the Purchase Price among the Company Assets as set forth on Exhibit F H and such values shall be used for purposes of calculating adjustments to the Base Purchase Price under the procedures set forth on Exhibit B. A. Notwithstanding anything herein to the contrary, neither Party shall be bound for Tax purposes by the Allocated Values (as defined in Exhibit BA) set forth on Exhibit F H to this Agreement.

Appears in 1 contract

Sources: Membership Interest Purchase and Sale Agreement (Sanchez Midstream Partners LP)

Adjustment; Allocation. Pursuant to the terms of Exhibit BA, Buyer and Seller have allocated the Purchase Price among the Company Assets as set forth on Exhibit F G and such values shall be used for purposes of calculating adjustments to the Base Purchase Price under the procedures set forth on Exhibit B. A. Notwithstanding anything herein to the contrary, neither no Party shall be bound for Tax purposes by the Allocated Values (as defined in Exhibit BA) set forth on Exhibit F G to this Agreement.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Sanchez Midstream Partners LP)