EXCISE AND PROPERTY TAXES. Seller shall pay all sales, use and transfer taxes arising out of the transfer of the Assets and shall pay its portion, prorated as of the Closing Date, of state and local personal property taxes of the business. Buyer shall not be responsible for any business, occupation, withholding or similar tax, or for any taxes of any kind related to any period before the Closing Date.
EXCISE AND PROPERTY TAXES. Seller shall pay any and all sales, use, ------------------------- excise, transfer and conveyance taxes payable or assessable in connection with or as a result of the transfer of the Assets under the terms of this Agreement and the transactions contemplated hereby. Buyer shall not be responsible for any business, occupation, withholding, possessory interest or similar tax or assessment or any other tax or fee (including franchise and copyright fees) of any kind relating to any period on or prior to the Closing Date with respect to Seller, the Assets or the construction, operation or maintenance of the System, nor for any supplemental assessment or increase in any such tax, assessment or fee relating to such period, all of which shall be the responsibility of Seller.
EXCISE AND PROPERTY TAXES. Buyer shall pay seventy-five percent ------------------------- (75%) and Seller shall pay twenty-five percent (25%) of all sales and use taxes arising out of the transfer of the Purchased Assets. Each of Buyer and Seller and shall pay its respective portion, prorated as of the applicable Tier Closing (but subject to Buyer's obligations under the Management Agreement, with respect to the Tier II and Tier III Closings), of state and local real and personal property taxes of the business.
EXCISE AND PROPERTY TAXES. Seller shall pay all Taxes arising out of the transfer of the Purchased Assets. Each of Buyer and Seller shall pay its respective portion, prorated as of the Closing, of state and local real and personal property taxes of the business of the School.
EXCISE AND PROPERTY TAXES. Subsidiary shall pay all sales and use taxes arising out of the transfer of the Assets and shall pay its portion, prorated as of the effective date of the Management Agreement, of state and local real and personal property taxes of the business. Buyer shall not be responsible for any business, occupation, withholding, or similar tax, or any taxes of any kind related to any period before the effective date of the Management Agreement.
EXCISE AND PROPERTY TAXES. 21 7.5 Administration in Accordance with Accreditations......... 21 7.6 Access and Maintenance of Records........................ 21 ARTICLE VIII
EXCISE AND PROPERTY TAXES. Selling Parties shall pay all sales, use and transfer taxes, if any, arising out of the transfer of the Assets, and all or any state, local or federal income taxes arising from the transfer of the Assets or related to any period before the Closing Date. Buyer shall not be responsible for any business, occupation, withholding or similar tax, or for any taxes of any kind related to any period before the Closing Date not set forth in Schedule 3.4.
EXCISE AND PROPERTY TAXES. The Sellers shall be responsible for any and all sales, use and transfer taxes, and any and all state, local or federal income taxes related to any period before the Closing Date. The Buyer shall not be responsible for any business, occupation, withholding or similar tax, or for any taxes of any kind related to the Assets for any period before the Closing Date.
EXCISE AND PROPERTY TAXES. Seller shall pay all Taxes arising out of the transfer of the Purchased Assets; provided, however, that, upon ----------------- receipt of reasonably satisfactory written evidence that Seller has actually paid sales tax in connection with the transfer to Buyer of the tangible assets conveyed hereunder, Buyer shall, within ten (10) business days, by check or wire transfer of same day funds, pay to Seller an amount equal to one-half (1/2) of the sales tax so paid. Each of Buyer and Seller shall pay its respective portion, prorated as of the Closing, of state and local real and personal property taxes of the business of the Schools.
EXCISE AND PROPERTY TAXES. Buyer and Seller shall each pay fifty ------------------------- percent (50%) of all sales and use taxes arising out of the transfer of the Purchased Assets. Each of Buyer and Seller and shall pay its respective portion, prorated as of the Closing, of state and local real and personal property taxes of the business.
