Common use of Taxes of Other Persons Clause in Contracts

Taxes of Other Persons. Each Seller jointly and severally agrees to indemnify Buyer from and against the entirety of any Losses Buyer may suffer resulting from, arising out of, relating to, in the nature of or caused by any liability of any Company for Taxes or any Seller or any member of the group of which such Seller is a member (other than any Company) under Treas. Reg. §1.1502-6 (or any similar provision of state, local or foreign law).

Appears in 1 contract

Samples: Membership Interest and Stock Purchase Agreement (Gulfmark Offshore Inc)

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Taxes of Other Persons. Each Seller jointly and severally of the Sellers agrees to indemnify the Buyer from and against the entirety of any Losses the Buyer may suffer resulting from, arising out of, relating to, in the nature of of, or caused by any liability of any of the Company and its Subsidiaries for Taxes or of any Seller or any member of the group of which such Seller is a member (Person other than any Companyof the Company and its Subsidiaries (i) under Treas. Reg. §Treasury Regulation Section 1.1502-6 (or any similar provision of state, local local, or foreign law), (ii) as a transferee or successor, (iii) by contract, or (iv) otherwise.

Appears in 1 contract

Samples: Share Purchase Agreement (Smart & Final Inc/De)

Taxes of Other Persons. Each Seller jointly and severally agrees to indemnify Buyer Purchaser and the Company from and against the entirety of any Losses Buyer adverse consequences Purchaser or the Company may suffer resulting from, arising out of, relating to, in the nature of of, or caused by any liability of any Company either Seller for Taxes or of any Seller or any member of the group of which such Seller is a member (entity other than any Companythe Company (i) under Treas. Treasury Reg. §1.1502ss.1.1502-6 (or any similar provision of state, local or foreign law), (ii) as a transferee or successor, (iii) by contract, or (iv) otherwise.

Appears in 1 contract

Samples: Stock Purchase Agreement (Norstan Inc)

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Taxes of Other Persons. Each The Seller jointly and severally agrees to indemnify the Buyer from and against the entirety of any Losses Adverse Consequences the Buyer may suffer resulting from, arising out of, relating to, in the nature of of, or caused by any liability Liability of any Company for Taxes or any Seller or any member of the group Company and its Subsidiaries for the Taxes of which such Seller is a member (any Person other than any Company) under Treas. Reg. §1.1502-6 of the Company and its Subsidiaries (or any similar provision of state, local or foreign lawa).

Appears in 1 contract

Samples: Stock Purchase Agreement (Heilig Meyers Co)

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