Capital Gains Tax. The Seller acknowledges and agrees that any capital gains tax in connection with the sale of the Shares contemplated hereunder shall be borne by the Seller alone, and the Seller shall fully indemnify the Purchaser Parties if CECEP Lux, Italsolar or any of the CECEP Lux Project Companies is required to pay or withhold any portion of such capital gains tax by any Tax authority due to this transaction.
Appears in 2 contracts
Samples: Stock Purchase Agreement, Stock Purchase Agreement (Solar Power, Inc.)
Capital Gains Tax. The Seller acknowledges and agrees that any capital gains tax in connection with the sale of the HD Commerce Shares contemplated hereunder shall be borne by the Seller alone, and the Seller shall fully indemnify the Purchaser Parties if CECEP Lux, Italsolar or any of the CECEP Lux Project Companies Purchaser is required to pay or withhold any portion of such capital gains tax by any Tax authority due to this transaction.
Appears in 2 contracts
Samples: Stock Purchase Agreement (United Capital Consultants Inc.), Stock Purchase Agreement (United Capital Consultants Inc.)
