Common use of Closing Costs; Transfer Taxes and Fees Clause in Contracts

Closing Costs; Transfer Taxes and Fees. The Company shall be -------------------------------------- responsible for any documentary and transfer taxes and any sales or other taxes (excluding use taxes on equipment constituting registered motor vehicles, which use taxes will be paid one-half by each of the Company and Buyer) imposed by reason of the transfers of Assets provided hereunder and any deficiency, interest or penalty asserted with respect thereto. Buyer will pay any licensing fees associated with re-registering motor vehicles. The Company shall pay all costs of obtaining the transfer of existing Permits which may be lawfully transferred. The Company shall pay the fees and costs of recording or filing all applicable conveyancing instruments described in Section 3.2.1, and shall pay the fees and costs of recording or filing all UCC termination statements and other releases of Encumbrances.

Closing Costs; Transfer Taxes and Fees. The Company Seller shall be -------------------------------------- responsible for -------------------------------------- any documentary and transfer taxes and any sales or other taxes (excluding use taxes on equipment constituting registered motor vehicles, which use taxes will be paid one-half by each of the Company Seller and Buyer) imposed by reason of the transfers of Assets provided hereunder and any deficiency, interest or penalty asserted with respect thereto. Buyer will pay any licensing fees associated with re-re- registering motor vehicles. The Company Seller shall pay all costs of obtaining the transfer of existing Permits which may be lawfully transferred. The Company Seller shall pay the fees and costs of recording or filing all applicable conveyancing instruments described in Section 3.2.1, and shall pay the fees and costs of recording or filing all UCC termination statements and other releases of Encumbrances.