Common use of Payment of Sales Taxes Clause in Contracts

Payment of Sales Taxes. Seller covenants and agrees to pay any and all sales, use or other transfer taxes payable by reason of the transfer and conveyance of the Acquired Assets hereunder. The parties will prepare and deliver and if necessary file at or before Closing all transfer tax returns and other filings necessary to vest in Buyer full right, title and interest in the Acquired Assets.

Appears in 2 contracts

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

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Payment of Sales Taxes. Seller The Buyer covenants and agrees to pay any and all sales, use or other transfer taxes Transfer Taxes payable by reason of the transfer and conveyance of the Acquired Assets hereunder. The parties Seller 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 Acquired AssetsAssets 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 Seller covenants and agrees to pay any and all sales, use or other transfer taxes Transfer Taxes payable by reason of the transfer and conveyance of the Acquired Assets hereunder. The parties Seller 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 Acquired AssetsAssets 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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