Allocation of the Purchase Price. (1) Buyer shall prepare a proposed allocation of the Purchase Price among the Assets in accordance with Section 1060 of the Code, which proposed allocation shall be delivered to Seller for review and comment within sixty (60) days following the Closing Date (“Proposed Allocation Statement”). Seller shall provide to Buyer in writing within ten (10) days of the receipt of such Proposed Allocation Statement any objections thereto.
Appears in 3 contracts
Samples: Purchase and Assumption Agreement (First Financial Bancorp /Oh/), Purchase and Assumption Agreement (Peoples Community Bancorp Inc /Md/), Purchase and Assumption Agreement (Irwin Financial Corp)
Allocation of the Purchase Price. (1) Buyer shall prepare a proposed allocation of the Purchase Price among the Assets in accordance with Section 1060 of the Code, which proposed allocation shall be delivered to Seller for review and comment within sixty (60) 30 days following the final determination of the Final Closing Date Statement (the “Proposed Allocation Statement”). Seller shall provide to Buyer in writing within ten (10) 15 days of the receipt of such Proposed Allocation Statement any objections thereto.
Appears in 2 contracts
Samples: Purchase and Assumption Agreement (United Community Financial Corp), Purchase and Assumption Agreement (Croghan Bancshares Inc)
Allocation of the Purchase Price. (1) Buyer shall prepare a proposed allocation of the Purchase Price among the Assets in accordance with Section 1060 of the Code, which proposed allocation shall be delivered to Seller for review and comment within sixty (60) days following the Closing Date (“Proposed Allocation Statement”). Seller shall provide to Buyer in writing within ten fifteen (1015) days Business Days of the receipt of such Proposed Allocation Statement any objections thereto.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Flagstar Bancorp Inc)
Allocation of the Purchase Price. (1) Buyer shall prepare a proposed allocation of the Purchase Price (and all other capitalized costs) among the Assets in accordance with Section 1060 of the Code, which proposed allocation shall be delivered to Seller for review and comment within sixty (60) days following the Closing Date (“Proposed Allocation Statement”). Seller shall provide to Buyer in writing within ten (10) days of the receipt of such Proposed Allocation Statement any objections thereto.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Peoples Community Bancorp Inc /Md/)
Allocation of the Purchase Price. (1) Buyer shall prepare a proposed allocation of the Purchase Price among the Assets in accordance with Section 1060 of the Code, which proposed allocation shall be delivered to Seller for review and comment within sixty (60) 30 days following the final determination of the Final Closing Date Statement (“the "Proposed Allocation Statement”"). Seller shall provide to Buyer in writing within ten (10) days of the receipt of such Proposed Allocation Statement any objections thereto.
Appears in 1 contract
Samples: Branch Purchase Agreement (German American Bancorp, Inc.)
