Common use of EXCISE AND PROPERTY TAXES Clause in Contracts

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.

Appears in 7 contracts

Samples: Business Services Asset Purchase Agreement (Chequemate International Inc), Master Asset Purchase Agreement (Telecommunication Products Inc), Nordic Lites Asset Purchase Agreement (Dynatec International Inc)

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EXCISE AND PROPERTY TAXES. Seller Buyer 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 real and personal property taxes of the businessBusiness. 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.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Healthdesk Corp), Asset Purchase Agreement (Patient Infosystems Inc)

EXCISE AND PROPERTY TAXES. Seller Buyer shall pay all sales, use and transfer taxes arising out of the transfer of the Assets and Buyer 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.

Appears in 2 contracts

Samples: Cinemaworks Asset Purchase Agreement (Chequemate International Inc), Cinemaworks Asset Purchase Agreement (Chequemate International Inc)

EXCISE AND PROPERTY TAXES. Seller The Buyers shall pay all sales, sales and use and transfer taxes arising out of the transfer of the Assets and the Sellers shall pay its their portion, prorated as of the Closing DateDate (as defined herein), of state and local real and personal property taxes of the businessCompany. Buyer Buyers shall not be responsible for any business, occupation, withholding withholding, or similar tax, or for any taxes of any kind related to any period before the Closing Date.

Appears in 1 contract

Samples: Agreement for Purchase and Sale (U S Liquids Inc)

EXCISE AND PROPERTY TAXES. Seller shall pay all sales, sales and 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 real and personal property taxes of the businessBusiness. Buyer shall not be responsible for any business, occupation, withholding withholding, or similar tax, or for any taxes of any kind related to any period before the Closing Date.

Appears in 1 contract

Samples: Agreement of Purchase and Sale of Assets (National Technical Systems Inc /Ca/)

EXCISE AND PROPERTY TAXES. Seller shall pay all sales, use use, exise and transfer taxes arising out of the transfer of the Assets and each of Seller and Buyer shall pay its their respective portion, prorated as of the Closing Date, of state and local real and personal property taxes of the businessAssets. Buyer shall not be responsible for any business, occupation, withholding or similar tax, or for any income, sales, use, value-added or similar taxes of any kind related to any period period, or transaction occurring during any period, before the Closing Date.

Appears in 1 contract

Samples: Asset Purchase Agreement (Virtualfund Com Inc)

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EXCISE AND PROPERTY TAXES. Seller shall pay all sales, use and transfer taxes arising out of the transfer of the Assets 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.

Appears in 1 contract

Samples: Asset Purchase Agreement (B2Digital, Inc.)

EXCISE AND PROPERTY TAXES. Seller shall pay all sales, use and transfer taxes arising out of the transfer of the Assets and Seller 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.

Appears in 1 contract

Samples: Cinemaworks Asset Purchase Agreement (Cinema Internet Networks Inc)

EXCISE AND PROPERTY TAXES. Seller Buyer 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 businessAssets. Buyer shall not be responsible for any business, occupationoccupations, withholding or similar tax, or for any taxes of any kind related relating to Company for any period before the Closing Date.

Appears in 1 contract

Samples: Asset Purchase Agreement (Proxymed Inc /Ft Lauderdale/)

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