Allocation Election. Tax items shall be allocated to the S Short Year and the C Short Year pursuant to normal tax accounting rules (that is, the "closing of the books method") rather than by the pro rata allocation method contained in Section 1362(e)(2) of the Code.
Appears in 4 contracts
Sources: Agreement and Plan of Reorganization (Fyi Inc), Stock Purchase Agreement (Fyi Inc), Agreement and Plan of Reorganization (Fyi Inc)
Allocation Election. Tax items shall be allocated to the S Short Year and the C Short Year pursuant to normal tax accounting rules (that is, the "closing of the books method") rather than by the pro rata allocation method contained in Section 1362(e)(2) of the Code.
Appears in 2 contracts
Sources: Stock Purchase Agreement (Laser Vision Centers Inc), Stock Purchase Agreement (Laser Vision Centers Inc)