Allocation of Purchase Price
Use: Explains how the purchase price is divided among different asset categories, which may affect tax/accounting treatment.
Clause wording
The parties shall allocate the purchase price among the assets of the Business, including goodwill, equipment, inventory, leasehold improvements, and other applicable categories, as set out in [ALLOCATION_SCHEDULE], subject to accounting and legal review.
Meaning
Explains how the purchase price is divided among different asset categories, which may affect tax/accounting treatment.
中文解释
用简单中文解释这一条在交易里的作用。
Internal drafting aid only. Use historical/lawyer-reviewed wording where available; human/legal review required before external use.