Bulk Sales and Retail Sales Tax Compliance Sample Clauses

Bulk Sales and Retail Sales Tax Compliance. The Purchaser shall have received evidence reasonably satisfactory to it that, in respect of the purchase and sale of the Purchased Assets under the Agreement, the Seller has complied with the requirements of (a) the Bulk Sales Act and any other applicable bulk sales legislation and (b) section 6 of the Retail Sales Tax Act (Ontario) and any similar or corresponding provision under any other applicable tax legislation.
Sample 1
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Bulk Sales and Retail Sales Tax Compliance. The Purchaser shall have received evidence satisfactory to it that the provisions of the Bulk Sales Act (Ontario) and any other bulk sales legislation in any jurisdiction (other than in Quebec and Newfoundland) as such may apply in respect of the purchase and sale of the Purchased Assets pursuant to this Agreement have been complied with. On or before the Closing Time or as soon as reasonably practicable thereafter, the Vendor will deliver to the Purchaser a duplicate copy of a certificate issued pursuant to Section 6 of the Retail Sales Tax Act (Ontario) and similar provision in the sales tax legislation in any jurisdiction (other than Quebec and Newfoundland) where Purchased Assets are located at the Closing Time, except to the extent that any such Governmental Authority does not issue certificates.
Sample 1

Related to Bulk Sales and Retail Sales Tax Compliance

  • Bulk Sales Compliance The Buyer hereby waives compliance by the Seller with the provisions of the "bulk sales laws" of any state which may be applicable to the transactions contemplated hereby; provided, however, that the Seller shall indemnify the Buyer in connection with such noncompliance to the extent provided in Article 6 hereof.

  • Sales Tax Each Participating Entity is responsible for supplying the Supplier with valid tax- exemption certification(s). When ordering, a Participating Entity must indicate if it is a tax- exempt entity.

  • Goods and Services Tax You shall be responsible for all goods and services tax and all other taxes imposed on or payable in respect of any amount required to be paid under this Agreement. We may debit the amount of such tax to your Card Account.

  • Institutional and Retail Sales You authorize the Manager to sell to institutions and retail purchasers such Securities purchased by you pursuant to the Underwriting Agreement as the Manager will determine. The Selling Concession on any such sales will be credited to the accounts of the Underwriters as the Manager will determine.

  • Sales and Use Tax Any sales and use tax that may accrue because of this transaction must be paid when due by 577 Buyer Seller One-Half by Buyer and One-Half by Seller None.

  • Tax Compliance (a) The Agent, on its own behalf and on behalf of the Company, will comply with all applicable certification, information reporting and withholding (including "backup" withholding) requirements imposed by applicable tax laws, regulations or administrative practice with respect to (i) any payments made with respect to the Securities or (ii) the issuance, delivery, holding, transfer, redemption or exercise of rights under the Securities. Such compliance shall include, without limitation, the preparation and timely filing of required returns and the timely payment of all amounts required to be withheld to the appropriate taxing authority or its designated agent.

  • Bulk Sales Act No transaction contemplated by this Agreement requires compliance by it with any bulk sales act or similar law.

  • Sales Taxes The Seller shall bear and pay, and shall reimburse the Purchaser and the Purchaser’s affiliates for, any sales taxes, use taxes, transfer taxes, documentary charges, recording fees or similar taxes, charges, fees or expenses that may become payable in connection with the sale of the Assets to the Purchaser or in connection with any of the other Transactions.

  • Sales and Use Taxes Professional Business Manager and the Practice acknowledge and agree that to the extent that any of the services to be provided by Professional Business Manager hereunder may be subject to any state sales and use taxes, Professional Business Manager may have a legal obligation to collect such taxes from the Practice and to remit the same to the appropriate tax collection authorities. The Practice agrees to have applicable state sales and use taxes attributable to the services to be provided by Professional Business Manager hereunder treated as an Office Expense.

  • Sales and Transfer Taxes Seller and Purchaser shall be equally responsible for the payment of all transfer, recording, documentary, stamp, sales, use (including all bulk sales Taxes) and other similar Taxes and fees (collectively, the “Transfer Taxes”), that are payable or that arise as a result of the P&A Transaction, when due. Seller shall file any Tax Return that is required to be filed in respect of Transfer Taxes described in this Section 8.3 when due, and Purchaser shall cooperate with respect thereto as necessary.

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