Common use of Expenses; Taxes Clause in Contracts

Expenses; Taxes. Each Party will bear its own expenses incurred in connection with the preparation, execution, and performance of this Agreement and the transactions contemplated hereunder, including all court proceedings, fees and expenses of agents, representatives, counsel, and accountants, and applicable value added tax. Except as expressly provided in this Agreement, all transfer, documentary, sales, use, stamp, registration and other such taxes and mandatory payments imposed by any Governmental Body, and all fees and charges (including any penalties and interest) incurred in connection with the consummation of the transactions contemplated hereunder shall be borne by each respective Party to the extent such Party is liable for such taxes, fees and charges, in accordance with applicable Legal Requirement.

Appears in 7 contracts

Samples: Share Purchase Agreement (Internet Gold Golden Lines LTD), Share Purchase Agreement (Internet Gold Golden Lines LTD), Share Purchase Agreement (B Communications LTD)

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Expenses; Taxes. Each Party will bear its own expenses incurred in connection with the preparation, execution, and performance of this Agreement and the transactions contemplated hereunder, including xxxxxxxxx all court proceedings, fees and expenses of agents, representatives, counsel, and accountants, and applicable value added tax. Except as expressly provided in this Agreement, all transfer, documentary, sales, use, stamp, registration and other such taxes and mandatory payments imposed by any Governmental Body, and all fees and charges (including xxxxxxxxx any penalties and interest) incurred in connection with the consummation of the transactions contemplated hereunder shall be borne by each respective Party to the extent such Party is liable for such taxes, fees and charges, in accordance with applicable Legal Requirement.

Appears in 2 contracts

Samples: Share Purchase Agreement (Internet Gold Golden Lines LTD), Share Purchase Agreement (Internet Gold Golden Lines LTD)

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Expenses; Taxes. Each Except as otherwise provided herein, each Party will shall bear its own expenses legal fees, professional fees and other transaction costs incurred in connection with relating to the preparation, executionnegotiation of, and performance of entry into, this Agreement and the transactions contemplated hereunder, including all court proceedings, fees and expenses of agents, representatives, counsel, and accountants, and applicable value added tax. Except as expressly provided in this Agreement, all transfer, documentary, sales, use, stamp, registration and other such taxes and mandatory payments imposed by any Governmental Body, and all fees and charges (including any penalties and interest) incurred in connection with the consummation of the transactions contemplated hereunder hereby. Each of the Parties shall be borne by each respective Party to the extent solely responsible for any and all Taxes that may be imposed on such Party is liable for under applicable Law to bear or pay such taxes, fees and chargesTaxes, in accordance connection with applicable Legal Requirementthe transactions contemplated hereby. For the avoidance of doubt, Sellers shall bear any and all Capital Gains Tax arising from the Transaction.

Appears in 1 contract

Samples: Stock Purchase Agreement (Tower International, Inc.)

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