Common use of Taxes Due on Sale Clause in Contracts

Taxes Due on Sale. Liabilities for federal, state, county, local, or other income, use or other taxes or assessments (including interest and penalties) of any kind whatsoever arising from, based upon, or related to, the sale, transfer, or delivery of the Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (Usa Technologies Inc)

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Taxes Due on Sale. Liabilities Debts, obligations or liabilities of Seller or the Shareholders for federalFederal, state, county, local, foreign or other income, sales, use or other transfer taxes or assessments (including interest and penaltiespenalties thereon, if any) of any kind whatsoever arising from, based upon, upon or related to, to the sale, transfer, transfer or delivery of the AssetsPurchased Assets pursuant to this Agreement, except to the extent set forth in Section 10.4 hereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Lason Inc)

Taxes Due on Sale. Liabilities Except as provided in Section 1.5, debts, obligations or liabilities of Seller for federalFederal, state, county, local, foreign or other income, sales, use or other transfer taxes or assessments (including interest and penaltiespenalties thereon, if any) of any kind whatsoever arising from, based upon, upon or related to, to the sale, transfer, transfer or delivery of the AssetsPurchased Assets pursuant to this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Intermet Corp)

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Taxes Due on Sale. Liabilities Debts, obligations or liabilities of Seller or the Shareholders for federalFederal, state, county, local, foreign or other income, use or other income taxes or assessments (including interest and penaltiespenalties thereon, if any) of any kind whatsoever arising from, based upon, upon or related to, to the sale, transfer, transfer or delivery of the AssetsPurchased Assets pursuant to this Agreement. Buyer and Seller shall pay for any sales or use taxes arising from Buyer's purchase of the Purchased Assets in equal shares.

Appears in 1 contract

Samples: Asset Purchase Agreement (Lason Inc)

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