Allocation of the Purchase Price. The Purchase Price shall be allocated amongst the Assets as provided in Schedule A attached hereto, and each party shall file in a manner consistent therewith (i) the reports required under Section 1060 of the Internal Revenue Code of 1986, as amended, and (ii) their respective Federal, state and local tax returns.
Appears in 9 contracts
Samples: Asset Purchase and Placecitysale Agreement (Homeland Security Network, Inc.), Asset Purchase and Sale Agreement (Xstream Beverage Group Inc), Asset Purchase and Sale Agreement (Tels Corp)