EXCISE AND PROPERTY TAXES. Seller shall pay all sales, use and transfer taxes arising out of the transfer of the Assets and shall pay its portion, prorated as of the Closing Date, of state and local personal property taxes of the business. Buyer shall not be responsible for any business, occupation, withholding or similar tax, or for any taxes of any kind related to any period before the Closing Date.
EXCISE AND PROPERTY TAXES. Seller shall pay any and all sales, use, ------------------------- excise, transfer and conveyance taxes payable or assessable in connection with or as a result of the transfer of the Assets under the terms of this Agreement and the transactions contemplated hereby. Buyer shall not be responsible for any business, occupation, withholding, possessory interest or similar tax or assessment or any other tax or fee (including franchise and copyright fees) of any kind relating to any period on or prior to the Closing Date with respect to Seller, the Assets or the construction, operation or maintenance of the System, nor for any supplemental assessment or increase in any such tax, assessment or fee relating to such period, all of which shall be the responsibility of Seller.
EXCISE AND PROPERTY TAXES. Seller shall pay all Taxes arising out of the transfer of the Purchased Assets. Each of Buyer and Seller shall pay its respective portion, prorated as of the Closing, of state and local real and personal property taxes of the business of the Schools.
EXCISE AND PROPERTY TAXES. Buyer shall pay seventy-five percent ------------------------- (75%) and Seller shall pay twenty-five percent (25%) of all sales and use taxes arising out of the transfer of the Purchased Assets. Each of Buyer and Seller and shall pay its respective portion, prorated as of the applicable Tier Closing (but subject to Buyer's obligations under the Management Agreement, with respect to the Tier II and Tier III Closings), of state and local real and personal property taxes of the business.
EXCISE AND PROPERTY TAXES. Purchaser shall pay all sales and use taxes (if any) arising out of the transfer of the Assets. State and local personal property taxes on the Assets for tax periods including the date of Closing shall be pro rated between Seller and Purchaser as of the Closing, with any net difference paid by the appropriate party at Closing or within thirty (30) days following the determination of such net difference. Purchaser shall not be responsible for any business, occupation, withholding, property or similar tax, or any taxes of any kind related to any period before the Closing.
EXCISE AND PROPERTY TAXES. The Company shall pay all sales and use taxes arising out of the transfer of the Acquired Assets and shall pay its portion, prorated as of the Closing Date, of state and local real and personal property taxes of the business. Purchaser shall not be responsible for any business, occupation, withholding, or similar tax, or any taxes of any kind related to any period before the Closing Date, except for those taxes specifically identified as an Assumed Liability.
EXCISE AND PROPERTY TAXES. Buyer shall pay any sales and use taxes arising from the transfer of the Transferred Assets and Corporation will pay its portion, prorated as of July 1, 1997 (the "Effective Date"), of state and local real and personal property taxes of the business.
EXCISE AND PROPERTY TAXES. The Sellers shall be responsible for any and all sales, use and transfer taxes, and any and all state, local or federal income taxes related to any period before the Closing Date. The Buyer shall not be responsible for any business, occupation, withholding or similar tax, or for any taxes of any kind related to the Assets for any period before the Closing Date.
EXCISE AND PROPERTY TAXES. 21 7.5 Administration in Accordance with Accreditations......... 21 7.6 Access and Maintenance of Records........................ 21 ARTICLE VIII
EXCISE AND PROPERTY TAXES. Buyer and Seller shall each pay fifty percent (50%) of all sales and use taxes arising out of the transfer of the Purchased Assets. Each of Buyer and Seller and shall pay its respective portion, prorated as of the Closing, of state and local real and personal property taxes of the business.
