Common use of Tax Allocation Clause in Contracts

Tax Allocation. The allocation of the Purchase Price for tax purposes shall be set forth in a statement prepared in accordance with Section 1060 of the Internal Revenue Code of 1986, as amended, which statement shall be prepared in a manner generally consistent with the form of Internal Revenue Service Form 8594 and a manner consistent with the Purchase Price allocation provided under Section 1.5. Buyer and Seller shall cooperate in the preparation of such statement of allocation and each party hereto shall file a copy of such statement as, and if, required by applicable law.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Paracelsus Healthcare Corp), Stock Purchase Agreement (Paracelsus Healthcare Corp)

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Tax Allocation. The allocation of the Purchase Price for tax purposes shall be set forth in a statement prepared in accordance with Section 1060 of the Internal Revenue Code of 1986, as amended, which statement shall be prepared in a manner generally consistent with the form of Internal Revenue Service Form 8594 and a manner consistent with the Purchase Price allocation provided under Section 1.51.4. Buyer and Seller shall cooperate in the preparation of such statement of allocation and each party hereto shall file a copy of such statement as, and if, required by applicable law.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Paracelsus Healthcare Corp), Asset Purchase Agreement (Paracelsus Healthcare Corp)

Tax Allocation. The allocation of the Purchase Price for tax purposes shall be made by the parties hereto in accordance with Schedule 12.12 and shall be set forth in a statement prepared in accordance with Section 1060 of the Internal Revenue Code of 1986, as amendedCode, which statement shall be prepared in a manner generally consistent with the form of Internal Revenue Service Form 8594 and a manner consistent with the Purchase Price allocation provided under Section 1.5Schedule 12.12. Buyer and Seller shall cooperate in the preparation of such statement of allocation and each party hereto shall file a copy of such statement as, and if, as required by applicable law.

Appears in 1 contract

Samples: Asset Purchase Agreement (Province Healthcare Co)

Tax Allocation. The allocation of the Purchase Price for tax purposes shall be made in the manner set forth in SCHEDULE 11.11 and shall be set forth in a statement prepared in accordance with Section 1060 of the Internal Revenue Code of 1986, as amended, which statement shall be prepared in a manner generally consistent with the form of Internal Revenue Service Form 8594 8594. Lessee and a manner consistent with the Purchase Price allocation provided under Section 1.5. Buyer and Seller Lessor shall cooperate in the preparation of such statement of allocation and each party hereto shall file a copy of such statement as, and if, as required by applicable law.

Appears in 1 contract

Samples: Lease Agreement (Province Healthcare Co)

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Tax Allocation. The allocation of the Purchase Price for tax purposes shall be made by the parties hereto in accordance with Schedule 11.13 and shall be set forth in a statement prepared in accordance with Section 1060 of the Internal Revenue Code of 1986, as amendedCode, which statement shall be prepared in a manner generally consistent with the form of Internal Revenue Service Form 8594 and a manner consistent with the Purchase Price allocation provided under Section 1.5Schedule 11.13. Buyer and Seller shall cooperate in the preparation of such statement of allocation and each party hereto shall file a copy of such statement as, and if, as required by applicable law.

Appears in 1 contract

Samples: Asset Purchase Agreement (Province Healthcare Co)

Tax Allocation. The allocation of the Purchase Price for tax purposes shall be made in a manner reasonable acceptable to both Lessor and to Lessee prior to the Closing. Such allocation shall be set forth in a statement prepared in accordance with Section 1060 of the Internal Revenue Code of 1986, as amended, which statement shall be prepared in a manner generally consistent with the form of Internal Revenue Service Form 8594 8594. Lessee and a manner consistent with the Purchase Price allocation provided under Section 1.5. Buyer and Seller Lessor shall cooperate in the preparation of such statement of allocation and each party hereto shall file a copy of such statement as, and if, as required by applicable law.

Appears in 1 contract

Samples: Lease and Management Agreement (Province Healthcare Co)

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