Allocation of Transfer Taxes. Neurotrope and SpinCo each shall be responsible for any Transfer Taxes incurred by the Neurotrope Tax Group and SpinCo, respectively, as a result of the Distribution. If, under applicable Law, both Parties or neither Party are liable for Transfer Taxes, then Neurotrope and SpinCo shall be equally responsible for such Transfer Taxes.
Appears in 4 contracts
Samples: Tax Matters Agreement (Synaptogenix, Inc.), Tax Matters Agreement (Neurotrope, Inc.), Tax Matters Agreement (Neurotrope Bioscience, Inc.)