Common use of Income and Franchise Taxes Clause in Contracts

Income and Franchise Taxes. Any Liability of Company for Federal income taxes and any state or local income, profit or franchise taxes (and any penalties or interest due on account thereof).

Appears in 11 contracts

Samples: Website Purchase Agreement (NP Capital Corp), Asset Purchase Agreement (Entegris Inc), Asset Purchase Agreement (Entegris Inc)

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Income and Franchise Taxes. Any Liability of Company for Federal income taxes and any state or local income, profit or franchise taxes (and any penalties or interest due on account thereof)) or any liability for sales, bulk sales use, transfer, stamp or document taxes except to the extent reflected or reserved against on the Final Closing Business Balance Sheet.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Hein Werner Corp), Asset Purchase Agreement (Kaydon Corp)

Income and Franchise Taxes. Any Liability of Company the Partnerships for Federal income taxes and any state or local income, profit profit, sales, use or franchise taxes (and any penalties or interest due on account thereof).

Appears in 1 contract

Samples: Asset Purchase Agreement (Outback Steakhouse Inc)

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Income and Franchise Taxes. Any Liability liability or obligation of Company for Federal federal income taxes and any state or local income, profit or franchise taxes (and any penalties or interest due on account thereof).

Appears in 1 contract

Samples: Asset Purchase Agreement (Imperial Holdings, Inc.)

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