Common use of TAXES ON TRANSACTION Clause in Contracts

TAXES ON TRANSACTION. All sales, purchase, transfer, use, or documentary taxes, if any, payable by reason of this Agreement or any of the transactions contemplated hereby or the sale, transfer, or delivery of any of the Assets hereunder, whether or not imposed on a particular party, shall be paid and borne equally by CBS or Entercom, either by payment thereof or by reimbursement to the other party.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Entercom Communications Corp), Asset Purchase Agreement (Entercom Communications Corp)

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TAXES ON TRANSACTION. All sales, purchase, transfer, use, use or documentary taxes, if any, payable by reason of this Agreement or any of the transactions contemplated hereby or the sale, transfer, transfer or delivery of any of the Assets hereunder, to a party hereunder whether or not imposed on a particular such party, shall be paid and borne equally by CBS the party transferring such Assets or Entercom, causing such Assets to be transferred either by payment thereof or by reimbursement to one of the other partyparties.

Appears in 1 contract

Samples: Asset Exchange Agreement (American Radio Systems Corp /Ma/)

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TAXES ON TRANSACTION. All sales, purchase, transfer, use, or documentary taxes, if any, payable by reason of this Agreement or any of the transactions contemplated hereby or the sale, transfer, or delivery of any of the Assets hereunder, whether or not imposed on a particular party, shall be paid and borne equally by CBS Entercom or EntercomCBS, either by payment thereof or by reimbursement to the other party.

Appears in 1 contract

Samples: Asset Purchase Agreement (Entercom Communications Corp)

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