Common use of Payment of Expenses; Transfer Taxes Clause in Contracts

Payment of Expenses; Transfer Taxes. Except as otherwise provided herein, each of the parties hereto shall pay its own costs and expenses incurred in connection with this Agreement and the transactions contemplated hereby. All transfer, documentary, sale, use, registration, value-added and other similar Taxes and related amounts (including any penalties, interest and additions) incurred in connection with this Agreement and the transactions contemplated hereby shall be paid by the Sellers.

Appears in 5 contracts

Samples: Purchase Agreement (American Water Works Co Inc), Purchase Agreement (American Water Works Co Inc), Purchase Agreement (American Water Works Co Inc)

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Payment of Expenses; Transfer Taxes. Except as otherwise provided herein, each of the parties hereto shall pay its own costs and expenses incurred in connection with this Agreement and the transactions contemplated hereby. All transfer, documentary, sale, use, registration, value-added and other similar Taxes and related amounts (including any penalties, interest and additions) incurred in connection with this Agreement and the transactions contemplated hereby (and not any Taxes based upon income, profits, payroll or other similar Taxes) shall be paid equally by the SellersBuyer and the Seller.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Aqua America Inc), Stock Purchase Agreement (Connecticut Water Service Inc / Ct)

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