Common use of Sales, Transfer and Documentary Taxes, etc Clause in Contracts

Sales, Transfer and Documentary Taxes, etc. The Seller will pay all federal, state and local sales, documentary and other transfer taxes, if any, due as a result of the purchase, sale or transfer of the Purchased Assets in accordance herewith whether imposed by law on the Seller or the Buyer, and the Seller and the Members will indemnify, reimburse and hold harmless the Buyer in respect of the liability for payment of or failure to pay any such taxes or the filing of or failure to file any reports required in connection therewith. * * * * * THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK;