Common use of Tax Periods Beginning Before and Ending After the Closing Date Clause in Contracts

Tax Periods Beginning Before and Ending After the Closing Date. Buyer shall prepare or cause to be prepared and file or cause to be filed any Tax Returns of Transferred Company for Tax periods which begin before the Closing Date and end after the Closing Date. Sellers shall pay to the Buyer within five days after the date on which Taxes are paid with respect to such periods an amount equal to Sellers' allocable portion of such Taxes ("Sellers' Post-Closing Taxes"). Sellers' Post-Closing Taxes shall be:

Appears in 1 contract

Samples: Stock Purchase Agreement (Florida Rock Industries Inc)

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Tax Periods Beginning Before and Ending After the Closing Date. Buyer shall prepare or cause to be prepared and file or cause to be filed any income Tax Returns of Transferred the Company and its Subsidiaries for Tax periods which begin before the Closing Date and end after the Closing Date. Sellers API or Seller shall pay to the Buyer within at least five (5) days after prior to the date on which income Taxes are paid with respect to such periods an amount equal to Sellers' allocable the portion of such Taxes ("Sellers' Postwhich are unpaid and relate to the Pre-Closing Taxes"). Sellers' Post-Tax Period ending on the Closing Taxes shall be:Date.

Appears in 1 contract

Samples: Stock Purchase Agreement (Applied Power Inc)

Tax Periods Beginning Before and Ending After the Closing Date. The Buyer shall prepare or cause to be prepared and file or cause to be filed any Tax Returns of Transferred Company the Target for Tax periods which begin before the Closing Date and end after the Closing Date. Sellers The Seller shall pay to the Buyer within five fifteen (15) days after the date on which Taxes are paid with respect to such periods an amount equal to Sellers' allocable the portion of such Taxes ("Sellers' Post-which relates to the portion of such Taxable period ending on the Closing Taxes"). Sellers' Post-Closing Date to the extent such Taxes shall be:are not reflected in

Appears in 1 contract

Samples: Exchange Agreement (Swissray International Inc)

Tax Periods Beginning Before and Ending After the Closing Date. The Buyer shall prepare or cause to be prepared and file or cause to be filed any Tax Returns of Transferred the Company for Tax periods which begin before the Closing Date and end after the Closing Date. The Sellers shall pay to the Buyer within five fifteen (15) days after the date on which Taxes are paid with respect those Taxes attributable to such periods an amount equal to Sellers' allocable portion of such Taxes ("Sellers' Postthe Pre-Closing Taxes"Date period as determined under Section 9.03(b). Sellers' Post-Closing Taxes shall be:.

Appears in 1 contract

Samples: Stock Purchase Agreement (Global Secure Corp.)

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Tax Periods Beginning Before and Ending After the Closing Date. Buyer -------------------------------------------------------------- shall prepare or cause to be prepared and file or cause to be filed any Tax Returns of Transferred the Company for Tax periods which begin before the Closing Date and end after the Closing Date. Sellers Seller shall pay to the Buyer within five fifteen (15) days after the date on which Taxes are paid with respect to such periods an amount equal to Sellers' allocable the portion of such Taxes ("Sellers' Post-which relates to the portion of such Taxable period ending on the Closing Taxes"). Sellers' Post-Closing Taxes shall be:Date.

Appears in 1 contract

Samples: Stock Purchase Agreement (Argosy Education Group Inc)

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