Allocation Principles definition
Examples of Allocation Principles in a sentence
Within fifty (50) days after the Closing Date, Purchaser shall deliver to Sellers a draft allocation in a manner consistent with the Allocation Principles for Sellers’ review and comment.
No later than sixty (60) days after the final determination of the Additional Payment Amount pursuant to Section 1.5, Seller shall deliver to Buyer a proposed final allocation of the Purchase Price (as well as, if applicable, any additional consideration for applicable Tax purposes) among the Transferred Assets in a manner consistent with the Allocation Principles Schedule.
The Parties hereby agree to allocate the Closing Payment and the Purchase Price (as well as, if applicable, any additional consideration for applicable Tax purposes) among (i) the Transferred Company Interests of each Transferred Company, (ii) Seller and each Selling Subsidiary and (iii) the Transferred Assets (other than the Transferred Company Interests) to be sold by Seller and each Selling Subsidiary in accordance with the Allocation Principles Schedule.
In addition, at least five (5) Business Days prior to the Closing Date, Seller shall deliver to Buyer a proposed allocation of the Closing Payment (as well as any additional consideration for applicable Tax purposes) among the Transferred Assets in a manner consistent with the Allocation Principles Schedule.