Common use of Tax Allocation Clause in Contracts

Tax Allocation. The allocation of the Purchase Price to the Purchased Assets shall be as set forth in Schedule 5.2 hereto so as to comply with Section 1060 of the Internal Revenue Code of 1986, as amended.

Appears in 5 contracts

Sources: Asset Purchase Agreement (Lets Talk Cellular & Wireless Inc), Asset Purchase Agreement (Lets Talk Cellular & Wireless Inc), Asset Purchase Agreement (Lets Talk Cellular & Wireless Inc)

Tax Allocation. The allocation of the Purchase Price to the Purchased Assets shall be as set forth in Schedule 5.2 SCHEDULE 6.2 hereto so as to comply with Section 1060 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Sources: Asset Purchase Agreement (Lets Talk Cellular & Wireless Inc)