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: Asset Purchase Agreement (Telecommunication Products Inc), Asset Purchase Agreement (Chequemate International Inc), 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 (Patient Infosystems Inc), Asset Purchase Agreement (Healthdesk Corp)

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: Asset Purchase Agreement (Chequemate International Inc), Exclusive Agent Agreement (Chequemate International Inc)

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)

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: Purchase and Sale Agreement (U S Liquids Inc)

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.)

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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 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: 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/)

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

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