ALLOCATION OF SALE PRICE Sample Clauses

ALLOCATION OF SALE PRICE. Parcel Xx. 0 - Xxxxxxxxxxxxxx Xxxxxxxx xxx Xxxxxxxxx Xxxxxxxx and Improvements $ 1,550,000.00 Land 450,000.00 TOTAL $ 2,000,000.00 Legal Description Lots 1 through 16 and Lots 25 through 28 and the West One-half of Vacated Third Street Right-of-Way adjacent to Lot 1 all of Block 107, Original Townsite of Rapid City, Xxxxxxxxxx County, South Dakota Parcel No. 2 - Library Building and Improvements $ 550,000.00 Land 450,000.00 TOTAL $ 1,000,000.00 Legal Description Lots 4 through 22 of Block 108 and the East One-half of Vacated Third Street adjacent to Lot 16, all of Block 108, Original Townsite of Rapid City, Xxxxxxxxxx County, South Dakota Parcel No. 3 - Animal Health Building and Improvements $ 200,000.00 Land $ 300,000.00 TOTAL $ 500,000.00 Legal Description Lots 1 through 3 and 26 through 32 of Block 108 and the West One-half of Vacated Second Street adjacent to Xxx 0 xx Xxxxx 000, Xxxxxxxx Xxxxxxxx of Rapid City, Xxxxxxxxxx County, South Dakota Xxxxxx Xx. 0 - Xxxxxxxxx Building and Improvements $ 100,000.00 Land $ 400,000.00 TOTAL $ 500,000.00 Legal Description Lots 7 through 16 of Block 109 and the East One-half of Vacated Second Street adjacent to Xxx 00 xx Xxxxx 000, Xxxxxxxx Xxxxxxxx of Rapid City, Xxxxxxxxxx County, South Dakota EXHIBIT B PERSONAL PROPERTY EXCLUDED FROM SALE
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ALLOCATION OF SALE PRICE. Of the Closing Consideration, an amount equal to the outstanding principal balance of the Note Share shall be paid for the Note Share out of cash received at the Closing. The balance of the Closing Consideration shall be allocated to the Membership Interest.
Sample 1
ALLOCATION OF SALE PRICE. Purchaser shall allocate the Sale Price among the interests and operating rights in the Interests. Said allocation shall be incorporated in this Agreement as Exhibit "B". References herein to a "property" or "properties" refer to the wells, units and other subdivisions of the Real Property listed on Exxxxxt "B" which have an allocation of the Sale Price.
Sample 1
ALLOCATION OF SALE PRICE. Purchaser shall allocate the Sale Price among the working interests, operating rights and tangible real and personal property constituting the Interests. Said allocation shall be incorporated in this Agreement as Exhibit "D". The allocation of the Purchase Price provided for herein is intended to comply with the location method required by Section 1060 of the Internal Revenue Code. Purchaser and Seller shall cooperate to comply with all substantive and procedural requirements of Section 1060 and regulations thereunder, including, without Stations the filing by Purchaser and Seller of an IRS Form 8594 with their federal income tax returns for the taxable year in which the Closing occurs. Purchaser and Seller agree that each will not take for income tax purposes, or permit any affiliate to take, any position inconsistent with the allocation of Purchase Price prescribed herein.
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ALLOCATION OF SALE PRICE. 4. The Purchase Price shall be allocated to Seller's Partnership Interest in Partnership assets as agreed upon by the parties' respective Certified Public Accountants. The parties make this allocation with the knowledge and understanding that it will be used by all parties for income tax purposes. Responsibility for Profits and Losses
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ALLOCATION OF SALE PRICE. Purchaser shall allocate the Sale Price among the interests and operating rights in the Interests. Said allocation shall be incorporated in this Agreement as Exhibit "B". References herein to a "property" or "properties" refer to the wellx, xxits and other subdivisions of the Real Property listed on Exhibit "A" which have an allocation of the Sale Price. Notwithstanding the foregoing, the Purchaser shall reallocate the Sale Price among the properties and the equipment and other personal property being purchased by Purchaser hereunder prior to Closing and attach the reallocated Sale Price as amended Exhibit "B" to this Agreement. However, any adjustment in the Sale Price for Title Defects, Adverse Environmental Conditions, or Lease Maintenance Conditions shall be based on the original allocation of the Sale Price, unless the Seller and Purchaser agree otherwise. No adjustments may be made by Purchaser in the allocation of the Sale Price to properties subject to
Sample 1

Related to ALLOCATION OF SALE PRICE

  • Calculation of Sale Gain or Loss For Shared-Loss Loans that are not Restructured Loans, gain or loss on the sales under Section 4.1 or Section 4.2 will be calculated as the sale price received by the Assuming Institution less the unpaid principal balance of the remaining Shared-Loss Loans. For any Restructured Loan included in the sale gain or loss on sale will be calculated as (a) the sale price received by the Assuming Institution less (b) the net present value of estimated cash flows on the Restructured Loan that was used in the calculation of the related Restructuring Loss plus (c) Loan principal payments collected by the Assuming Institution from the date the Loan was restructured to the date of sale. (See Exhibits 2d(1)-(2) for example calculations).

  • Market Value Adjustment 16 3.07 Transfer of Current Value from the Funds or AG Account ............ 17 3.08 Notice to the Certificate Holder .................................. 18 3.09 Loans ............................................................. 18 3.10 Systematic Withdrawal Option (SWO) ................................ 18 3.11

  • Allocation of Consideration (i) Subject to Subsection 2.2(d)(ii), the aggregate consideration payable to the Participating Investors and the selling Key Holder shall be allocated based on the number of shares of Capital Stock sold to the Prospective Transferee by each Participating Investor and the selling Key Holder as provided in Subsection 2.2(b), provided that if a Participating Investor wishes to sell Preferred Stock, the price set forth in the Proposed Transfer Notice shall be appropriately adjusted based on the conversion ratio of the Preferred Stock into Common Stock.

  • Determination of Net Asset Value The Trustees shall cause the Net Asset Value of Shares of each Series or Class to be determined from time to time in a manner consistent with applicable laws and regulations. The Trustees may delegate the power and duty to determine Net Asset Value per Share to one or more Trustees or officers of the Trust or to a custodian, depository or other agent appointed for such purpose. The Net Asset Value of Shares shall be determined separately for each Series or Class at such times as may be prescribed by the Trustees or, in the absence of action by the Trustees, as of the close of regular trading on the New York Stock Exchange on each day for all or part of which such Exchange is open for unrestricted trading.

  • Sale Price (a) As consideration for the sale of the CEF Assets pursuant to Section 2.1 hereof, the Purchaser shall pay to the applicable Seller on the Closing Date, the CEF Purchase Price for the CEF Assets sold and transferred by such Seller to the Purchaser on the Closing Date. The CEF Purchase Price for the sale of CEF Assets shall be an amount equal to the fair market value thereof as agreed upon by the Purchaser and the applicable Seller prior to such sale.

  • Determination of Net Asset Value, Net Income and Distributions Subject to applicable federal law including the 1940 Act and Section 3.6 hereof, the Trustees, in their sole discretion, may prescribe (and delegate to any officer of the Trust or any other Person or Persons the right and obligation to prescribe) such bases and time (including any methodology or plan) for determining the per Share or net asset value of the Shares of the Trust or any Series or Class or net income attributable to the Shares of the Trust or any Series or Class, or the declaration and payment of dividends and distributions on the Shares of the Trust or any Series or Class and the method of determining the Shareholders to whom dividends and distributions are payable, as they may deem necessary or desirable. Without limiting the generality of the foregoing, but subject to applicable federal law including the 1940 Act, any dividend or distribution may be paid in cash and/or securities or other property, and the composition of any such distribution shall be determined by the Trustees (or by any officer of the Trust or any other Person or Persons to whom such authority has been delegated by the Trustees) and may be different among Shareholders including differences among Shareholders of the same Series or Class.

  • CALCULATION OF NET ASSET VALUE U.S. Trust will calculate the Fund's daily net asset value and the daily per-share net asset value in accordance with the Fund's effective Registration Statement on Form N-2 (the "Registration Statement") under the Securities Act of 1933, as amended (the "Securities Act"), including its current prospectus. If so directed, U.S. Trust shall also calculate daily the net income of the Fund

  • Adjustment for Tax Purposes The Company shall be entitled to make such reductions in the Conversion Price, in addition to those required by Section 4.6, as it in its discretion shall determine to be advisable in order that any stock dividends, subdivisions of shares, distributions of rights to purchase stock or securities or distributions of securities convertible into or exchangeable for stock hereafter made by the Company to its stockholders shall not be taxable.

  • Allocation of CDSCS (1) CDSCS RELATED TO THE REDEMPTION OF COMMISSION SHARES OTHER THAN OMNIBUS SHARES: CDSCs in respect of the redemption of Commission Shares which are not Omnibus Shares shall be allocated to PSI or Successor Distributor depending upon whether the related redeemed Commission Share is attributable to PSI or Successor Distributor, as the case may be, in accordance with Part I above.

  • Adjustment of Consideration Notwithstanding any restriction or any other matter in this Agreement to the contrary, if, between the date of this Agreement and the Effective Time, the issued and outstanding Purchaser Shares shall have been changed into a different number of shares by reason of any split, consolidation or stock dividend of the issued and outstanding Purchaser Shares or similar event, then the Consideration to be paid per Company Share shall be appropriately adjusted to provide to Company Shareholders the same economic effect as contemplated by this Agreement and the Arrangement prior to such action and as so adjusted shall, from and after the date of such event, be the Consideration to be paid per Company Share.

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