Common use of Sales and Transfer Taxes Clause in Contracts

Sales and Transfer Taxes. Except as set forth in Section 3.9, all excise, sales, use and transfer taxes that are payable or that arise as a result of the consummation of the purchase and sale contemplated by this Agreement shall be paid by Purchaser and Purchaser shall indemnify and hold Seller harmless from and against any such taxes.

Appears in 7 contracts

Samples: Purchase and Assumption Agreement (Cowlitz Bancorporation), Purchase and Assumption Agreement (Tehama Bancorp), Assignment and Assumption Agreement (Klamath First Bancorp Inc)

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Sales and Transfer Taxes. Except as set forth otherwise agreed in writing by the parties and subject to Section 3.912.12 below, all excise, sales, and use and transfer taxes that are payable or fees that arise as a result of the consummation of the purchase and sale contemplated by this Agreement shall be paid by Purchaser and Purchaser shall indemnify and hold Seller harmless from and against any such taxestaxes or fees.

Appears in 2 contracts

Samples: Purchase and Assumption Agreement (Solera National Bancorp, Inc.), Purchase and Assumption Agreement (Solera National Bancorp, Inc.)

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Sales and Transfer Taxes. Except as set forth in Section 3.9, all All excise, sales, use and transfer taxes that are payable or that arise as a result of the consummation of the purchase and sale contemplated by this Agreement shall be paid by Purchaser Seller and Purchaser Seller shall indemnify and hold Seller Purchaser harmless from and against any such taxes.

Appears in 1 contract

Samples: Branch Purchase and Assumption Agreement (Plumas Bancorp)

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