Common use of Certain Transaction-Related Taxes Clause in Contracts

Certain Transaction-Related Taxes. All transfer, documentary, sales, use, stamp, recording fees, registration and similar Taxes and fees (including, without limitation, any penalties and interest) attributable to Seller’s sale of the Shares to the Company pursuant to this Agreement shall be paid by the Seller when due, and Seller shall, at their expense, file all necessary Tax Returns and other documentation required under applicable Law with respect to all such transfer, documentary, sales, use, stamp, recording fees, registration and similar taxes and fees. The Company shall be entitled to deduct and withhold from the Purchase Price all Taxes that the Company may be required to deduct and withhold under any provision of applicable Tax Law; provided that the parties shall cooperate in good faith to minimize, to the extent permissible under applicable Law, the amount of any such deduction or withholding. To the extent such amounts are so deducted or withheld, and remitted to the applicable Governmental Authority in accordance with applicable Tax Law, all such withheld amounts shall be treated as delivered to Seller hereunder.

Appears in 3 contracts

Samples: Stock Repurchase Agreement (Gulf Resources, Inc.), Stock Repurchase Agreement (Gulf Resources, Inc.), Stock Repurchase Agreement (Gulf Resources, Inc.)

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Certain Transaction-Related Taxes. All transfer, documentary, sales, use, stamp, recording fees, registration and similar Taxes and fees (including, without limitation, any penalties and interest) attributable to Seller’s Sellers’ sale of the Subject Shares to the Company pursuant to this Agreement shall be paid equally by the Seller Company and Sellers when due, and Seller Sellers shall, at their expense, file all necessary Tax Returns and other documentation required under applicable Law with respect to all such transfer, documentary, sales, use, stamp, recording fees, registration and similar taxes Taxes and fees. The Company shall be entitled to deduct and withhold from the Purchase Price all Taxes that the Company may be required to deduct and withhold under any provision of applicable Tax Law; provided that the parties Parties shall cooperate in good faith to minimize, to the extent permissible under applicable Law, the amount of any such deduction or withholding. To the extent such amounts are so deducted or withheld, and remitted to the applicable Governmental Authority in accordance with applicable Tax Law, all such withheld amounts shall be treated as delivered to Seller Sellers hereunder. [Remainder of this page is intentionally left blank.]

Appears in 1 contract

Samples: Share Repurchase Agreement (Daseke, Inc.)

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