Common use of ALLOCATION OF Clause in Contracts

ALLOCATION OF. Purchase Price . The Final Adjusted Equity Price paid in connection with the Equity Purchase (along with any other items that are treated as additional consideration for U.S. federal and applicable state and local Income Tax purposes (including, for the avoidance of doubt, any liabilities that, for U.S. federal and applicable state and local Income Tax purposes, are treated as assumed by Buyer)) shall be allocated among the assets of the Company Group in accordance with Section 1060 of the Code, the Treasury Regulations promulgated thereunder, and the methodologies set forth in Schedule B-2 attached hereto (the “Allocation Methodology”). Within 60 days after the final determination of the Closing Statement pursuant to Section

Appears in 1 contract

Sources: Securities Purchase Agreement (Cal-Maine Foods Inc)