Tax Filings and Payments. (a) The Parties hereby acknowledge, covenant and agree that (i) the Purchaser shall have no obligation to pay any Tax of any nature that is required by applicable Law to be paid by the Seller or its Affiliates or their respective direct and indirect partners, members and shareholders arising out of the transactions contemplated by this Agreement and the other Transaction Documents; and (ii) the Seller agrees to bear and pay any Tax of any nature that is required by applicable Laws to be paid by it arising out of the transactions contemplated by this Agreement and the other Transaction Documents.
Appears in 2 contracts
Samples: Share Purchase Agreement (NetEase, Inc.), Share Purchase Agreement (Alibaba Group Holding LTD)
Tax Filings and Payments. (a) The Parties hereby acknowledge, covenant and agree that (i) the Purchaser, the Issuer and Domestic Purchaser shall have no obligation to pay any Tax of any nature that is required by applicable Law Laws to be paid by the Seller any Selling Shareholder or its Affiliates or their respective direct and indirect partners, members and shareholders arising out of the transactions contemplated by this Agreement and the other Transaction Documents; and (ii) the Seller each Selling Shareholder agrees to bear and pay any Tax of any nature that is required by applicable Laws to be paid by it arising out of the transactions contemplated by this Agreement and the other Transaction Documents.
Appears in 1 contract
Samples: Share Purchase Agreement (Luokung Technology Corp.)
Tax Filings and Payments. (a) The Parties hereby acknowledge, covenant and agree that (i) the Purchaser and Domestic Purchaser shall have no obligation to pay any Tax of any nature that is required by applicable Law Laws to be paid by the Seller any Selling Shareholder or its Affiliates or their respective direct and indirect partners, members and shareholders arising out of the transactions contemplated by this Agreement and the other Transaction DocumentsDocuments (including but not limited to Onshore Equity Transfer Agreement); and (ii) the Seller each Selling Shareholder agrees to bear and pay any Tax of any nature that is required by applicable Laws to be paid by it arising out of the transactions contemplated by this Agreement and the other Transaction DocumentsDocuments (including but not limited to Onshore Equity Transfer Agreement).
Appears in 1 contract
Samples: Share Purchase Agreement (Luokung Technology Corp.)
Tax Filings and Payments. (a) The Parties hereby acknowledge, covenant and agree that (i) the Purchaser shall have no obligation to pay any Tax of any nature that is required by applicable Law to be paid by the Seller any Selling Shareholder or its Affiliates or their respective direct and indirect partners, members and shareholders arising out of the transactions contemplated by this Agreement and the other Transaction Documents; and (ii) the Seller each Selling Shareholder agrees to bear and pay any Tax of any nature that is required by applicable Laws to be paid by it arising out of the transactions contemplated by this Agreement and the other Transaction Documents.
Appears in 1 contract
Samples: Share Purchase Agreement (Momo Inc.)