Common use of Operational Taxes Clause in Contracts

Operational Taxes. Seller shall be responsible for the payment of all applicable bulk sales taxes, hotel sales taxes and hotel use taxes attributable to the Asset for the period prior to the Closing Date, and Purchaser shall be responsible for the payment of all such taxes attributable to the Asset for the period from and after the Closing Date. Purchaser shall receive a credit for any such taxes attributable to the Asset for the period prior to the Closing Date which Seller has not paid.

Operational Taxes. Seller The Sellers shall be responsible for the payment of all applicable bulk sales taxes, hotel sales taxes and hotel use taxes attributable to the Asset Assets for the period prior to the Closing Date, and Purchaser shall be responsible for the payment of all such taxes attributable to the Asset Assets for the period from and after the Closing Date. Purchaser shall receive a credit for any such taxes attributable to the Asset Assets for the period prior to the Closing Date which Seller has not paid.

Operational Taxes. Seller The Sellers shall be responsible for the payment of all applicable bulk sales taxes, hotel sales taxes and hotel use taxes attributable to the Asset for the period prior to the Closing Date, and Purchaser shall be responsible for the payment of all such taxes attributable to the Asset for the period from and after the Closing Date. Purchaser shall receive a credit for any such taxes attributable to the Asset for the period prior to the Closing Date which Seller has not paid.