Price Allocation. NHP acknowledges that in and/or pursuant to the Purchase Agreement, Seller and Emeritus may have allocated the purchase price thereunder among the Facilities and other Assets. Emeritus acknowledges and agrees that NHP shall not be bound by any such allocations except to the extent the same are being used to calculate closing costs, such as transfer taxes and title insurance policy amounts and premiums, it being understood and agreed that for purposes thereof NHP shall be bound by such allocations and shall not have the right either prior to or after Closing to request any changes thereto.
Appears in 2 contracts
Sources: Nomination Agreement (Emeritus Corp\wa\), Nomination Agreement (Emeritus Corp\wa\)