Allocation of Base Purchase Price. An Allocation of the Base Purchase Price to each material individual part of the Interests to be acquired hereunder is attached hereto as Exhibit L (including an Allocation for non-investment account balances such as gas-production-imbalance accounts and, as required for compliance with applicable law, for equipment or other items). The Allocations will be used (a) to notify holders of preferential rights of Buyer’s offer; (b) to collect taxes, to the extent required by law and as provided in Article 10; (c) as a basis for adjustments to the Base Purchase Price; and (d) as otherwise provided in this Agreement.
Appears in 2 contracts
Sources: Purchase and Sale Agreement (Resolute Energy Partners, LP), Purchase and Sale Agreement (Resolute Energy Corp)