Common use of Transaction Taxes Clause in Contracts

Transaction Taxes. All sales, use, transfer, filing, recordation, registration and similar taxes and fees arising from or associated with the transactions contemplated hereunder other than taxes based on income (“Transaction Taxes”), shall be borne 50% by EES Leasing and EESLP (each a “Contributor” and, together, the “Contributors”) and 50% by MLP. To the extent under applicable law the transferee is responsible for filing tax returns in respect of Transaction Taxes, MLP shall prepare and file all such returns. The parties shall provide such certificates and other information and otherwise cooperate to the extent reasonably required to minimize Transaction Taxes. The party that is not responsible under applicable law for paying the Transaction Taxes shall pay its share of the Transaction Taxes to the responsible party prior to the due date of such taxes.

Appears in 3 contracts

Samples: Contribution, Conveyance and Assumption Agreement (Exterran Partners, L.P.), Contribution, Conveyance and Assumption Agreement (Exterran Holdings Inc.), Contribution, Conveyance and Assumption Agreement (Exterran Partners, L.P.)

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Transaction Taxes. All sales, use, transfer, filing, recordationregistration, registration business and occupation and similar taxes and fees Taxes arising from or associated with the transactions contemplated hereunder by this Agreement other than taxes Taxes based on income (“Transaction Taxes”), ) shall be borne fifty percent (50% %) by EES Leasing CONE Gathering and EESLP fifty percent (each a “Contributor” and, together, 50%) by the “Contributors”) and 50% by MLPPartnership. To the extent under applicable law the transferee is responsible for filing tax returns Tax Returns in respect of Transaction Taxes, MLP the Partnership shall prepare and file all such returnsTax Returns. The parties Parties shall provide such certificates and other information and otherwise cooperate to the extent reasonably required to minimize Transaction Taxes. The party Party that is not responsible under applicable law for paying the Transaction Taxes shall pay its share of the Transaction Taxes to the responsible party Party prior to the due date of such taxesTaxes.

Appears in 3 contracts

Samples: Contribution Agreement (CONSOL Energy Inc), Contribution Agreement (CONE Midstream Partners LP), Contribution Agreement

Transaction Taxes. All sales, use, transfer, filing, recordation, registration and similar taxes and fees Taxes arising from or associated with the transactions contemplated hereunder by this Agreement (not including, for the sake of clarity, the Gathering Agreement) other than taxes Taxes based on income (“Transaction Taxes”), shall be borne 50% by EES Leasing and EESLP (each a “Contributor” and, together, the “Contributors”) Seller and 50% by MLPBuyer. To the extent under applicable law Applicable Law the transferee is responsible for filing tax returns Tax Returns in respect of Transaction Taxes, MLP Buyer shall prepare and file all such returnsTax Returns. The parties Parties shall provide such certificates and other information and otherwise cooperate to the extent reasonably required to minimize Transaction Taxes. The party Party that is not responsible under applicable law Applicable Law for paying the Transaction Taxes shall pay its share of the Transaction Taxes to the responsible party Party prior to the due date of such taxesTaxes.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Sanchez Energy Corp), Purchase and Sale Agreement (Sanchez Production Partners LP), Purchase and Sale Agreement

Transaction Taxes. All sales, use, transfer, filing, recordationregistration, registration business and occupation and similar taxes and fees Taxes arising from or associated with the transactions contemplated hereunder other than taxes based on income by this Agreement (“Transaction Taxes”), other than Taxes based on income, shall be borne fifty percent (50% %) by EES Leasing P66 Company and EESLP fifty percent (each a “Contributor” and, together, 50%) by the “Contributors”) and 50% by MLPPartnership. To the extent under applicable law the transferee is responsible for filing tax returns Tax Returns in respect of Transaction Taxes, MLP the Partnership shall prepare and file all such returnsTax Returns. The parties Parties shall provide such certificates and other information and otherwise cooperate to the extent reasonably required to minimize Transaction Taxes. The party Party that is not responsible under applicable law for paying the Transaction Taxes shall pay its share of the Transaction Taxes to the responsible party Party prior to the due date of such taxesTaxes.

Appears in 2 contracts

Samples: Contribution, Conveyance and Assumption Agreement, Contribution, Conveyance and Assumption Agreement (Phillips 66 Partners Lp)

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Transaction Taxes. All sales, use, transfer, filing, recordationregistration, registration business and occupation and similar taxes and fees Taxes arising from or associated with the transactions contemplated hereunder by this Agreement other than taxes Taxes based on income (“Transaction Taxes”), ) shall be borne fifty percent (50% %) by EES Leasing CNX Gathering and EESLP fifty percent (each a “Contributor” and, together, 50%) by the “Contributors”) and 50% by MLPPartnership. To the extent under applicable law the transferee is responsible for filing tax returns Tax Returns in respect of Transaction Taxes, MLP the Partnership shall prepare and file all such returnsTax Returns. The parties Parties shall provide such certificates and other information and otherwise cooperate to the extent reasonably required to minimize Transaction Taxes. The party Party that is not responsible under applicable law for paying the Transaction Taxes shall pay its share of the Transaction Taxes to the responsible party Party prior to the due date of such taxesTaxes.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (CNX Midstream Partners LP), Purchase and Sale Agreement (CNX Resources Corp)

Transaction Taxes. All sales, use, transfer, filing, recordationregistration, registration business and occupation and similar taxes and fees Taxes arising from or associated with the transactions contemplated hereunder by this Agreement other than taxes Taxes based on income (“Transaction Taxes”), ) shall be borne fifty percent (50% %) by EES Leasing CONE Gathering and EESLP fifty percent (each a “Contributor” and, together, 50%) by the “Contributors”) and 50% by MLPPartnership. To the extent under applicable law the transferee is responsible for filing tax returns Tax Returns in respect of Transaction Taxes, MLP the Partnership shall prepare and file all such returnsTax Returns. The parties Parties shall provide such certificates and other information and otherwise cooperate to the extent reasonably required to minimize Transaction Taxes. The party Party that is not responsible under applicable law for paying the Transaction Taxes shall pay its share of the Transaction Taxes to the responsible party Party prior to the due date of such taxesTaxes. 4 Article III.

Appears in 1 contract

Samples: Contribution Agreement

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