Common use of Current Return Filing Clause in Contracts

Current Return Filing. Seller shall be responsible for (a) the preparation and filing of the federal, state and local income tax and gross receipts and use tax returns for all the tax periods of Seller ending on or before the Closing; and (b) the payment of all such taxes when due.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Capstone Pharmacy Services Inc), Asset Purchase Agreement (Capstone Pharmacy Services Inc)

AutoNDA by SimpleDocs

Current Return Filing. Seller shall will be responsible for (a) the preparation and filing of the federal, state and local income tax and gross receipts and use tax returns for all the tax periods of Seller ending on or before the Closing; , and (b) the payment of all such taxes when due. Buyer will promptly reimburse Seller for all income and gross receipt taxes (but no penalties or assessments properly paid by Seller which relate to operations of the Business from the Effective Date through Closing.

Appears in 1 contract

Samples: Asset Purchase Agreement (American Homepatient Inc)

AutoNDA by SimpleDocs

Current Return Filing. Seller Sellers shall be responsible for for: (a1) the preparation and filing of the federal, state and local income tax and gross receipts receipts, use tax and use other tax returns for all the tax periods of Seller Sellers ending on or before the Closing; and (b2) the payment of all such taxes when due. Sellers shall prepare and timely file all federal, state and/or local income and other tax returns and shall pay such taxes when due.

Appears in 1 contract

Samples: Asset Purchase Agreement (Advocat Inc)

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