Remittance of Taxes. Each Contributing Party will be responsible for timely remitting all Taxes imposed on or with respect to the Contributed Assets and Contributed Entities due prior to the Closing Date, and the MLP will be responsible for timely remitting all Taxes due on or after the Closing Date, in each case to the relevant Tax Authority.
Appears in 2 contracts
Samples: Contribution, Conveyance, Assignment and Assumption Agreement (Kimbell Royalty Partners, LP), Contribution, Conveyance, Assignment and Assumption Agreement (Kimbell Royalty Partners, LP)
Remittance of Taxes. Each Contributing Party will be responsible for duly and timely remitting all Taxes imposed on or with respect to the Contributed Assets and Contributed Entities Interests due prior to the Closing Date, and the MLP Remora Holdings will be responsible for duly and timely remitting all Taxes due on or after the Closing Date, in each case to the relevant Tax Authority.
Appears in 2 contracts
Samples: Contribution, Conveyance, Assignment and Assumption Agreement (Remora Royalties, Inc.), Contribution, Conveyance, Assignment and Assumption Agreement (Remora Royalties, Inc.)
