Closing Costs; Transfer Taxes and Fees. Seller shall be responsible for paying (i) any documentary and transfer taxes and any sales, use or other taxes imposed by reason of the transfers of Assets provided hereunder and any deficiency, interest or penalty asserted with respect thereto and (ii) all costs of obtaining the transfer of existing Permits which may be lawfully transferred, (iii) all fees and costs of recording or filing all applicable conveyancing instruments described in Section 3.1, and (iv) all fees and costs of recording or filing all UCC termination statements and other releases of Encumbrances.
Closing Costs; Transfer Taxes and Fees. Sellers shall be responsible for any documentary and transfer taxes and any sales, use or other taxes imposed by reason of the transfers of purchased Assets hereunder and any deficiency, interest or penalty asserted with respect thereto. Seller shall pay the fees and costs of recording or filing all applicable conveyancing instruments. Seller shall pay for all costs of obtaining the transfer of existing Permits which may be lawfully transferred. Buyer shall pay all costs of applying for new Permits on and after the Closing Date.
Closing Costs; Transfer Taxes and Fees. Except as set forth in -------------------------------------- Section 10.6, Seller shall be responsible for any documentary and transfer taxes and any sales, use or other taxes imposed by reason of the transfers of Assets provided hereunder and any deficiency, interest or penalty asserted with respect thereto. Buyer shall pay the fees and costs of recording or filing all applicable conveyancing instruments described in Section 3.2(a). Buyer shall pay all costs of applying for new Permits and obtaining the transfer of existing Permits which may be lawfully transferred.
Closing Costs; Transfer Taxes and Fees. (a) Each Party shall pay the cost of all sales and use Taxes arising out of the transfer of the Purchased Assets pursuant to this Agreement normally paid by such party in accordance with local practices in the State of Texas. Buyer and Seller shall equally pay all costs and expenses (including, without limitation, recording fees and real estate transfer Taxes and real estate transfer stamps) incurred in connection with obtaining or recording title to the Purchased Assets. Seller shall be responsible for all costs and expenses in obtaining and recording releases of Seller's Liens on the Purchased Assets. The sales, use and transfer Tax returns required by reason of said transfer shall be timely prepared and filed by the party normally obligated by law or regulation to make such filing. The parties agree to cooperate with each other in connection with the preparation and filing of such returns, in obtaining all available exemptions from such sales, use and transfer Taxes, and in timely providing each other with resale certificates and any other documents necessary to satisfy any such exemptions.
(b) If Buyer, on the one hand, or Seller, on the other hand, pays any Tax agreed to be borne by the other party under this Agreement, such other party shall promptly (within 10 days) reimburse the paying party for the amounts so paid. If any party receives any refund or credit to which another party is entitled under this Agreement, the receiving party shall promptly (within 10 days) pay such amounts to the party entitled thereto.
Closing Costs; Transfer Taxes and Fees. The Company shall be -------------------------------------- responsible for any documentary and transfer taxes and any sales or other taxes (excluding use taxes on equipment constituting registered motor vehicles, which use taxes will be paid one-half by each of the Company and Buyer) imposed by reason of the transfers of Assets provided hereunder and any deficiency, interest or penalty asserted with respect thereto. Buyer will pay any licensing fees associated with re-registering motor vehicles. The Company shall pay all costs of obtaining the transfer of existing Permits which may be lawfully transferred. The Company shall pay the fees and costs of recording or filing all applicable conveyancing instruments described in Section 3.2.1, and shall pay the fees and costs of recording or filing all UCC termination statements and other releases of Encumbrances.
Closing Costs; Transfer Taxes and Fees. The Company shall be solely responsible for the documentary and transfer taxes and any sales or other similar taxes, if any, imposed on the issuance and sale of the Initial Units by the Company to the Corporation under this Agreement, as well as any deficiency, interest or penalty asserted with respect thereto. ARTICLE III.
Closing Costs; Transfer Taxes and Fees. The Seller shall be responsible for any documentary and transfer Taxes and any sales, use or other Taxes imposed by reason of the transfers of the Bexil Shares provided hereunder and any deficiency, interest or penalty asserted with respect thereto and shall timely file all Tax Returns with respect to such transfer Taxes.
Closing Costs; Transfer Taxes and Fees. Seller shall be responsible for any documentary and transfer Taxes and any sales, use or other Taxes imposed on the transfer of the MacArthur Shares provided hereunder and any deficiency, interest or penalty asserted with respect thereto and shall timely file all Tax Returns with respect to such transfer Taxes.
Closing Costs; Transfer Taxes and Fees. Holdings II shall be responsible for the documentary and transfer taxes and any sales or other similar taxes, if any, imposed on the issuance of the Membership Units under this Agreement (including those Membership Units issued and sold in connection with the Over-Allotment Option) and any deficiency, interest or penalty asserted with respect thereto.
Closing Costs; Transfer Taxes and Fees. Holdings II shall be responsible for the documentary and transfer taxes and any sales or other similar taxes, if any, imposed on the issuance of the KRH Units under this Agreement and any deficiency, interest or penalty asserted with respect thereto.
