Common use of Allocation of Other Taxes Clause in Contracts

Allocation of Other Taxes. Except as set forth in Section 11.1(a) and (b), Seller shall be responsible for all Taxes imposed on or with respect to the Assets that are attributable to any whole or partial taxable period before the Effective Date and Buyer shall be responsible for all other Taxes imposed on or with respect to the Assets.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (American Midstream Partners, LP)

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Allocation of Other Taxes. Except as set forth in Section 11.1(a) and (b), Seller shall be responsible for all Taxes imposed on or with respect to the Subject Assets that are attributable to any whole or partial taxable period before the Effective Date November 1, 2009, and Buyer shall be responsible for all other Taxes imposed on or with respect to the AssetsSubject Assets that are attributable to any whole or partial taxable period on or after November 1, 2009.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Gastar Exploration LTD), Purchase and Sale Agreement (Gastar Exploration LTD)

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