Common use of Certain Closing Expenses Clause in Contracts

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.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Execute Sports Inc), Asset Purchase Agreement (Challenger Powerboats, Inc.)

AutoNDA by SimpleDocs

Certain Closing Expenses. Except as set forth elsewhere herein, Buyer shall be responsible for and shall pay all salessales and use taxes (if any), 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 conveyance 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.Acquired Assets by Seller and/or Seller No. 2

Appears in 1 contract

Samples: Asset Purchase Agreement (Pomeroy Computer Resources Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.