Common use of Transfer and Sales Tax Clause in Contracts

Transfer and Sales Tax. Notwithstanding any provisions of law imposing the burden of such taxes on the Seller or the Buyer, as the case may be, the Seller shall be responsible for and shall pay (a) all sales, use and transfer taxes, and (b) all governmental charges, if any, upon the transfer of any of the Assets hereunder.

Appears in 2 contracts

Samples: Asset Purchase and License Agreement (Micrografx Inc), Asset Purchase and License Agreement (Micrografx Inc)

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Transfer and Sales Tax. Notwithstanding any provisions of law imposing the burden of such taxes on the Seller or the Buyer, as the case may be, the Seller Buyer shall be responsible for and shall pay (a) all sales, use and transfer taxesTaxes, and (b) all governmental charges, if any, upon the sale or transfer of any of the Acquired Assets hereunder.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Dynatech Corp), Asset Purchase Agreement (Telxon Corp)

Transfer and Sales Tax. Notwithstanding any provisions of law imposing the burden of such taxes on the Seller Company or the Buyer, as the case may be, the Seller Company shall be responsible for and shall pay (a) all sales, use and transfer taxes, and (b) all governmental charges, if any, upon the sale or transfer of any of the Assets hereunder, If the Company shall fail to pay such amounts on a timely basis, the Buyer may pay such amounts to the appropriate governmental authority or authorities, and the Company shall promptly reimburse the Buyer for any amounts so paid by the Buyer.

Appears in 1 contract

Samples: Asset Purchase Agreement (Home Director Inc)

Transfer and Sales Tax. Notwithstanding any provisions of law imposing the burden of such taxes on the Seller or the Buyer, as the case may be, the Seller The Buyer shall be responsible for and shall pay (a) all filing and recording, sales, use and transfer taxes, taxes and (b) all governmental chargesfees, if any, upon the sale or transfer of any of the Assets hereunder.

Appears in 1 contract

Samples: Asset Purchase Agreement (Intermet Corp)

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Transfer and Sales Tax. Notwithstanding any provisions of law imposing the burden of such taxes on the each Seller or the Buyer, as the case may be, the Seller Sellers shall be responsible for and shall pay (a) all sales, bulk sales, use and transfer taxes, and (b) all governmental charges, if any, upon and due in connection with the sale or transfer of any of the Purchased Assets hereunder.

Appears in 1 contract

Samples: Asset Purchase Agreement (Stratus Services Group Inc)

Transfer and Sales Tax. Notwithstanding any provisions of law imposing the burden of such taxes on the Seller or the Buyer, as the case may be, the Seller shall be responsible for and shall pay (a) all sales, use and transfer taxes, and (b) all governmental charges, if any, upon the sale or transfer of any of the Assets hereunder.

Appears in 1 contract

Samples: Software Purchase Agreement (Princeton Review Inc)

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