Definition of Tax Purchase Price


Tax Purchase Price means the sum of the Purchase Price and the Liabilities of Barstow immediately after the Closing.

Examples of Tax Purchase Price in a sentence

Prior to Closing, the Seller shall provide to Buyer a proposed allocation of the Purchase Price plus liabilities deemed assumed (the Tax Purchase Price) for the sale of the Assets.
The Tax Purchase Price shall be allocated among the assets of Barstow in accordance with the requirements of the Code (the "Allocation").
The Tax Purchase Price shall be allocated using principles that are consistent with the Internal Revenue Code of 1986, as amended.
The Parties agree that, to the extent applicable, the allocation of the Tax Purchase Price on Schedule 2.7 is consistent with the methodology required by section 1060 of the Code and the applicable Treasury Regulations thereunder.
Within thirty (30) days of Closing, Seller and Buyer shall execute and deliver an agreement between them regarding allocation of Tax Purchase Price with respect to Assets subject to such Taxes, such allocation not to be inconsistent with the Tax Purchase Price allocation reflected on Schedule 1.6 hereto.