Common use of Status at Closing Clause in Contracts

Status at Closing. At Closing, Seller shall have (i) paid or cause to be paid all Taxes it is required to pay as of such time, and (ii) withheld with respect to its employees all federal and state income taxes, FICA, FUTA and other Taxes required to be withheld as of such time, if any.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Tangoe Inc), Asset Purchase Agreement (Open Solutions Inc)

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Status at Closing. At Closing, Seller Sellers shall have (i) paid or cause to be paid all Taxes it is they are required to pay as of such time, and (ii) withheld with respect to its their employees all federal and state income taxes, FICA, FUTA and other Taxes required to be withheld as of such time, if any.

Appears in 1 contract

Samples: Asset Purchase Agreement (Open Solutions Inc)

Status at Closing. At Closing, Seller Sellers shall have (i) paid or cause to be paid all Taxes it is required to pay as of such time, and (ii) withheld with respect to its employees all federal and state income taxes, FICA, FUTA and other Taxes required to be withheld as of such time, if any.

Appears in 1 contract

Samples: Asset Purchase Agreement (Tangoe Inc)

Status at Closing. At Closing, Seller shall have (i) paid or cause to be paid all Taxes it is required to pay as of such time, and (ii) withheld with respect to its employees all federal and state income taxes, FICA, FUTA and other Taxes required to be withheld as of such time, if any.

Appears in 1 contract

Samples: Asset Purchase Agreement (Lateral Media, Inc.)

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Status at Closing. At Closing, Seller shall have (i) paid or cause to be paid all Taxes attributable to, levied or imposed upon or incurred in connection with the Purchased Assets or the Business it is required to pay as of such time, and (ii) withheld with respect to its employees Business Employees all federal and state income taxes, FICA, FUTA and other Taxes required to be withheld as of such time, if any.

Appears in 1 contract

Samples: Asset Purchase Agreement (Open Solutions Inc)

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