Common use of Allocation of the Consideration Clause in Contracts

Allocation of the Consideration. The Consideration shall be allocated among the Assigned Assets for all purposes (including tax and financial accounting) in accordance with an allocation methodology agreed upon by the Parties. The Parties shall file all Tax returns (including amended returns and claims for refund) and information reports in a manner consistent with such allocation methodology.

Appears in 2 contracts

Sources: Purchase, Sale and Contribution Agreement, Purchase and Sale Agreement (Southcross Energy Partners, L.P.)