Common use of Transaction Taxes Clause in Contracts

Transaction Taxes. All transfer, documentary, recording, notarial, sales, use, registration, stamp and other similar taxes, fees and expenses (including, but not limited to, all applicable stock transfer, real estate transfer or conveyance Taxes and including any penalties, interest and additions to such tax) (“Transaction Taxes”) incurred in connection with this Agreement and the transactions contemplated hereby shall be borne one-half by Buyer and one-half by Seller, regardless of whether the Tax authority seeks to collect such Taxes from Seller or Buyer. Buyer and Seller shall cooperate in timely making and filing all Tax Returns as may be required to comply with the provisions of laws relating to such Transaction Taxes. Seller shall prepare all tax filings related to any Transaction Taxes, which shall be subject to the reasonable review of Buyer, and also shall notify Buyer of any claimed material exemptions from Transaction Taxes for which no filing is required which shall be subject to the reasonable review of Buyer.

Transaction Taxes. All transfer, documentary, recording, notarial, sales, use, registration, stamp and other similar taxes, fees and expenses (including, but not limited to, all applicable stock transfer, real estate transfer or conveyance Taxes and including any penalties, interest and additions to such tax) (“Transaction Taxes”) incurred in connection with this Agreement and the transactions contemplated hereby shall be borne by one-half by Buyer AQN and one-half by SellerLG, regardless of whether the Tax authority seeks to collect such Taxes from Seller LG or BuyerAQN. Buyer AQN and Seller LG shall cooperate in timely making and filing all Tax Returns returns as may be required to comply with the provisions of laws relating to such Transaction Taxes. Seller AQN shall prepare all tax filings related to any Transaction Taxes, which shall be subject to the reasonable review of BuyerLG, and also shall notify Buyer LG of any claimed material exemptions from Transaction Taxes for which no filing is required which shall be subject to the reasonable review of BuyerLG.