Transaction Taxes. Seller shall be responsible for its federal and state income, franchise and similar taxes applicable to the transactions contemplated by this Agreement. Purchaser shall be responsible for any bulk sales taxes, personal property sales taxes, and similar taxes applicable to the transactions contemplated by this Agreement.
Appears in 5 contracts
Samples: Agreement of Purchase and Sale (Bureau of National Affairs Inc), Agreement of Purchase and Sale (Bureau of National Affairs Inc), Purchase and Sale Agreement (Bureau of National Affairs Inc)
Transaction Taxes. Seller shall be responsible for its federal and state income, franchise and similar taxes applicable to the transactions contemplated by this Agreement. Purchaser shall be responsible for any bulk sales taxes, personal property sales taxes, and similar taxes applicable to the transactions contemplated by this Agreement. Transfer taxes imposed upon the recordation of each Deed and any other documentation contemplated by this Agreement shall be borne by Seller and Purchaser as set forth in Schedule 7.4.1.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (American Realty Capital Hospitality Trust, Inc.), Purchase and Sale Agreement (American Realty Capital Hospitality Trust, Inc.)
Transaction Taxes. Seller shall be responsible for its federal and state income, franchise and similar taxes applicable to the transactions contemplated by this Agreement. Purchaser shall be responsible for any bulk sales taxes, personal property sales taxes, and similar taxes applicable to the transactions contemplated by this Agreement.
Appears in 1 contract
Transaction Taxes. Seller shall be responsible for its federal and state income, franchise and similar taxes applicable to the transactions contemplated by this Agreement. Purchaser Buyer shall be responsible for any bulk sales taxes, personal property sales taxes, and similar taxes applicable to the transactions contemplated by this Agreement.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Chesapeake Lodging Trust)
