Common use of SECTION 1060 ALLOCATION Clause in Contracts

SECTION 1060 ALLOCATION. Seller shall have executed a document to evidence its agreement as to the allocation of the Purchase Price among the classes of Contributed Assets for purposes of Section 1060 of the Code and to be bound by such agreement in connection with the filings by Buyer and Seller of their respective Forms 8594.

Appears in 2 contracts

Sources: Limited Liability Company Unit Purchase Agreement (Centex Construction Products Inc), Limited Liability Company Unit Purchase Agreement (Centex Construction Products Inc)