Common use of Property Taxes and Transfer Fees Clause in Contracts

Property Taxes and Transfer Fees. All (i) sales, use, recording, and other similar property transfer fees and charges incurred in transferring the Subject Assets to Monterey and (ii) ad valorem and property taxes for the Subject Assets shall be the responsibility of and paid by Monterey.

Appears in 4 contracts

Samples: Conveyance and Contribution Agreement (Monterey Resources Inc), Conveyance and Contribution Agreement (Monterey Resources Inc), Conveyance and Contribution Agreement (Monterey Resources Inc)

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