Common use of Allocated Values Clause in Contracts

Allocated Values. The parties agree to allocate the Purchase Price among the Assets for all purposes (including financial accounting and tax purposes) on or before the Closing Date (the "Allocated Values"). Sellers and Buyer each agree that they will not take any position inconsistent with such allocation in preparing all tax returns and tax reports to governmental authorities ("Tax Returns") or otherwise. The parties will timely furnish each other their tax identification numbers, non-foreign affidavits and other reasonably requested tax compliance information.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Continental Natural Gas Inc), Asset Purchase Agreement (Continental Natural Gas Inc)

Allocated Values. The parties Parties agree to allocate the Adjusted Purchase Price among the Assets for all purposes (including financial accounting and tax purposes) in the manner set forth on or before the Closing Date Schedule 2.5 (the "β€œAllocated Values"”). Sellers Seller and Buyer each agree that they will not take any position inconsistent with such allocation in preparing all tax returns and tax reports to governmental authorities ("Tax Returns") or otherwise. The parties Parties will timely furnish each other their tax identification numbers, non-foreign affidavits and other reasonably requested tax compliance information.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Nathaniel Energy Corp)

Allocated Values. The parties agree to allocate the Purchase Price among the Assets for all purposes (including financial accounting and tax purposes) on or before the Closing Date (the "Allocated Values"). Sellers Seller and Buyer each agree that they will not take any position inconsistent with such allocation in preparing all tax returns and tax reports to governmental authorities ("Tax Returns") or otherwise. The parties will timely furnish each other their tax identification numbers, non-foreign affidavits and other reasonably requested tax compliance information.

Appears in 1 contract

Sources: Asset Purchase Agreement (Continental Natural Gas Inc)

Allocated Values. The parties agree to allocate the Purchase Price among the Assets for all purposes (including financial accounting and tax purposes) on or before the Closing Date (the "Allocated Values"). Sellers Seller and Buyer each agree that they will not take any position inconsistent with such allocation in preparing all tax returns and tax reports to governmental authorities ("Tax Returns") or otherwise. The parties will timely furnish each other their tax identification numbers, non-foreign affidavits numbers and other reasonably requested tax compliance information, and Seller will furnish Buyer with a non-foreign affidavit at Closing.

Appears in 1 contract

Sources: Purchase and Sale Agreement