Common use of Preliminary Allocation of Purchase Price Clause in Contracts

Preliminary Allocation of Purchase Price. The Parties agree that the ---------------------------------------- preliminary allocation of the Purchase Price for the Acquired Assets of the Seller shall be determined prior to the Closing by an allocation formula that is reasonably acceptable to the Parties. The Parties agree that the allocation may be amended or modified by mutual agreement to establish a final allocation prior to the filing of the applicable Tax Returns of the Parties. The Parties shall use such final allocation in all Tax Returns.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Applied Extrusion Technologies Inc /De), Asset Purchase Agreement (Applied Extrusion Technologies Inc /De), Asset Purchase Agreement (Applied Extrusion Technologies Inc /De)

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Preliminary Allocation of Purchase Price. The Parties agree that the ---------------------------------------- preliminary allocation of the Purchase Price for the Acquired Assets of the Seller shall be as determined prior to by the Closing by an allocation formula that is reasonably acceptable to the Partiesset forth on Exhibit C hereto. The Parties Seller and Buyer agree that the allocation may be amended or modified by mutual agreement to establish a final allocation prior to the filing of the applicable Tax Returns of the PartiesBuyer and Seller. The Parties Seller and Buyer shall use such final allocation in all Tax Returns.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ariel Corp)

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Preliminary Allocation of Purchase Price. The Parties agree that the ---------------------------------------- preliminary allocation of the Purchase Price for the Acquired Assets of the Seller shall be as determined prior to by the Closing by an allocation formula that is reasonably acceptable to be agreed by the Parties. The Parties agree that the allocation parties; as may be amended or modified by mutual agreement adjusted to establish a final allocation prior to the filing of the applicable Tax Returns of the Parties. The Parties shall use such final allocation in all Tax Returns.reflect any

Appears in 1 contract

Samples: Asset Purchase Agreement (Cabletron Systems Inc)

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