Common use of Income and Franchise Taxes Clause in Contracts

Income and Franchise Taxes. Buyer shall not assume or be responsible for any Liability of Seller 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 2 contracts

Samples: Purchase and Sale Agreement (Paincare Holdings Inc), Purchase and Sale Agreement (Cyber Care Inc)

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Income and Franchise Taxes. Buyer The Purchaser is not assuming nor shall not assume or they be responsible for any Liability of Seller the Sellers for Federal federal income taxes Taxes and any state or local income, profit or franchise taxes Taxes (and any penalties or interest due on account thereof).

Appears in 2 contracts

Samples: Asset Purchase Agreement (Paincare Holdings Inc), Asset Purchase Agreement (Paincare Holdings Inc)

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