Common use of Payment of Sales Taxes Clause in Contracts

Payment of Sales Taxes. The Buyer covenants and agrees to pay any and all Transfer Taxes payable by reason of the transfer and conveyance of the Assets hereunder. The Seller will prepare and deliver and if necessary file at or before the Closing all Transfer Tax returns and other filings necessary to vest in the Buyer full right, title and interest in the Assets without any requirement for the Buyer to withhold any consideration in respect of Taxes.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Generex Biotechnology Corp), Asset Purchase Agreement (Generex Biotechnology Corp)

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Payment of Sales Taxes. The Buyer Seller covenants and agrees to pay any and all Transfer Taxes sales, use or other transfer taxes payable by reason of the transfer and conveyance of the Acquired Assets hereunder. The Seller parties will prepare and deliver and if necessary file at or before the Closing all Transfer Tax transfer tax returns and other filings necessary to vest in the Buyer full right, title and interest in the Assets without any requirement for the Buyer to withhold any consideration in respect of TaxesAcquired Assets.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Bond Laboratories, Inc.)

Payment of Sales Taxes. The Buyer covenants and agrees to pay any and all Transfer Taxes sales, use or other transfer taxes payable by reason of the transfer and conveyance of the Assets hereunder. The Seller parties will prepare and deliver and if necessary file at or before the Closing all Transfer Tax transfer tax returns and other filings necessary to vest in the Buyer full right, title and interest in the Assets without any requirement for the Buyer to withhold any consideration in respect of TaxesAssets.

Appears in 1 contract

Samples: Asset Purchase Agreement

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Payment of Sales Taxes. The Buyer Seller covenants and agrees to pay any and all Transfer Taxes payable by reason of the transfer and conveyance of the Assets hereunder. The Seller will prepare and deliver and if necessary file at or before the Closing all Transfer Tax returns and other filings necessary to vest in the Buyer full right, title and interest in the Assets without any requirement for the Buyer to withhold any consideration in respect of Taxes.

Appears in 1 contract

Samples: Asset Purchase Agreement (Generex Biotechnology Corp)

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