Examples of Allocation Schedule in a sentence
To the extent the Allocation Schedule as finally agreed upon by the parties is different than Buxxx’s proposed Allocation Schedule, Buyer, the Company, and Seller shall amend and/or supplement such tax returns and information reports to reflect any such differences and make each of their tax reporting consistent with the Allocation Schedule as finally agreed upon by the parties or as finally resolved by the Independent Accountant as soon as reasonably practicable.
For all tax purposes, Buyer, the Company and Seller shall file all Tax Returns (including, without limitation, IRS Forms 8023, 8883, 8594 (and all supplements thereto), amended returns and claims for refund) and information reports in a manner consistent with the Allocation Schedule as finally agreed to by Buxxx xnd Seller or, with respect to matters in dispute, as finally resolved by the Independent Accountant.
In the event the Allocation Schedule, including any and all disputes thereto, has not been finally agreed upon by the parties by the time that Tax Returns or information reports are due (taking into account any extensions), Buyer, the Company, and Seller shall file all such Tax Returns and information reports consistent with Buyer’s proposed Allocation Schedule.
In the case of any such payments, Buxxx xill propose a revised Allocation Schedule, and the parties hereto will follow the procedure outlined above with respect to review, dispute, and resolution with respect to any such revisions.
A draft of the Allocation Schedule, including IRS Forms 8883 and 8594, shall be prepared by Buxxx xnd delivered to Seller within 30 days following the date on which the Closing Statements becomes binding for Seller’s approval.