Certain Closing Expenses. Except as set forth below, Seller shall be responsible for and shall pay all federal, state and local sales tax (if any), documentary stamp tax and all other duties, or other like charges properly payable upon and in connection with the conveyance and transfer of the Purchased Assets No. 1 by Seller to Purchaser No. 1 and the conveyance and transfer of the Purchased Assets No. 2 by Seller to Purchaser No. 2.
Certain Closing Expenses. Seller Shareholder shall be liable for and shall pay all federal, state, and local sales, use, excise, transfer, and documentary stamp taxes and all other taxes, duties, or other like charges, and all recording and filing fees, properly payable on and in connection with the conveyance and transfer of the Purchased Shares to Buyer.
Certain Closing Expenses. Buyer shall be responsible for all sales, use, excise, transfer, value added and similar taxes due and payable that are imposed by any Governmental Authority in any jurisdiction in connection with any Seller’s sale of the Purchased Assets, as contemplated by this Agreement. Seller and Buyer shall cooperate with each other and use their reasonable commercial efforts to minimize the Taxes attributable to the transfer of the Purchased Assets, subject to applicable Law.
Certain Closing Expenses. Seller shall be liable for and shall pay all federal, state and local sales taxes (if any), documentary stamp taxes, and all other duties, or other like charges properly payable upon and in connection with the conveyance and transfer of the Purchased Assets by Seller to Purchaser.
Certain Closing Expenses. Seller Parties shall be liable for and shall pay all federal, state, and local sales, use, excise, and documentary stamp taxes and all other taxes, duties, or other like charges properly payable on and in connection with the Sellers' conveyance and transfer of the Purchased Assets to Buyers.
Certain Closing Expenses. Except for Michigan sales and use taxes, which shall be paid by Buyer, Seller Parties shall be liable for and shall pay all federal, state, and local, excise, and documentary stamp taxes and all other taxes, duties, or -12-
Certain Closing Expenses. Prorations. Personal property taxes paid with respect to the Purchased Assets shall be prorated ratably as of the Closing Date and paid at the Closing. Security and other deposits shall be reimbursed by Buyer to Seller.
Certain Closing Expenses. Except as set forth below, Seller shall be responsible for and shall pay all federal, state and local sales tax (if any), documentary stamp tax and all other duties, or other like charges properly payable upon and in connection with the conveyance and transfer of the Purchased Assets by Seller to Purchaser. Seller shall reimburse Purchaser for the cost of the standby Letter of Credit referenced in Section 4.2(b), which amount will be deducted from the interest payable to Seller by Purchaser under Section 4.2(b). Purchaser shall be responsible for and shall pay all sales tax, if any, properly payable in connection with the conveyance and transfer of all motor vehicles by Seller to Purchaser hereunder.
Certain Closing Expenses. (a) Xxxxxx acknowledges that Buyer intends to obtain, or cause to be obtained, and shall pay all costs of estoppel certificates, subordination, nondisturbance and attornment agreements, corrective title matters and other materials with respect to the real property interests included in the Purchased Assets.
Certain Closing Expenses. All federal, state, and local sales, use, excise, and documentary stamp taxes and all other taxes, duties, or other like charges properly payable on and in connection with the conveyance and transfer of the Purchased Shares to Buyer shall be paid by the Party upon whom they are imposed by law. Any real estate transfer taxes or other fees applicable to the transfer of the Premises resulting from this transaction shall be borne fifty (50%) percent by Seller and fifty (50%) percent by Buyer.
