Common use of Allocation of the Purchase Price Clause in Contracts

Allocation of the Purchase Price. The Preliminary Purchase Price shall be allocated among the Leases and equipment included in the Assets in accordance with the allocations set forth on Schedule B. Any adjustments to the purchase price under Section 2.4 shall correspondingly (as appropriate) adjust the allocations set forth on Schedule B.

Appears in 4 contracts

Sources: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement (Forest Oil Corp)

Allocation of the Purchase Price. The Preliminary Purchase Price shall be allocated among the Leases and equipment included in the Assets in accordance with the allocations set forth on Schedule B. Any adjustments to the purchase price under Section 2.4 shall correspondingly (as appropriate) adjust the allocations set forth on Schedule B.B. Seller and Purchaser agree such allocations have been established for use where appropriate under this Agreement, including for Seller to provide any required preferential purchase right notifications and in calculating adjustments to the Purchase Price.

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Forest Oil Corp), Purchase and Sale Agreement (Sandridge Energy Inc)