Income and Franchise Taxes. Any Liability of the Seller for Federal income taxes and any state or local income, profit, sales, excise or franchise taxes (and any penalties or interest due on account thereof).
Income and Franchise Taxes. Any Liability of Company for Federal income taxes and any state or local income, profit or franchise taxes (and any penalties or interest due on account thereof).
Income and Franchise Taxes. Any liability or obligation of the Seller for Federal income taxes and any state or local income, profit or franchise taxes (and any penalties or interest due on account thereof).
Income and Franchise Taxes. Buyer shall not assume or be responsible for any Liability of Seller for Federal income taxes and any state or local income, profit or franchise taxes (and any penalties or interest due on account thereof).
Income and Franchise Taxes. Each Party shall be responsible for its own federal, state, local and foreign income and franchise taxes, if any, which may result from this transaction.
Income and Franchise Taxes. The Acquiring Companies are not assuming nor shall they be responsible for any Liability of the Sellers for Federal income taxes and any state or local income, profit or franchise taxes (and any penalties or interest due on account thereof).
Income and Franchise Taxes. Nothing in this Agreement makes a party liable for the income or franchise Taxes of the other party.
Income and Franchise Taxes. Any liability or obligation of Seller for all taxes of any kind, including, without limitation, those on or measured by or referred to as income, gross receipts, sales, use, ad valorem, franchise, profits, license, withholding, payroll, employment, excise, severance, stamp, occupation, premium, value added, property or windfall profits taxes, customs, duties or similar fees, assessments or charges of any kind whatsoever, together with any interest, penalty or additions thereto, whether disputed or not ("Tax" or "Taxes").
Income and Franchise Taxes. For purposes of federal, state and local income and franchise taxes and other similar taxes, it is the intent of the parties that ownership of the Assets shall pass to Buyer as of the Effective Date herein, and that Buyer shall bear all such taxes attributable to the Assets accruing after the Effective Date and Seller shall bear all such taxes attributable to the Assets accruing prior to the Effective Date.
Income and Franchise Taxes. Any liability or obligation of the Company or SCC for Federal income taxes and any state or local income, profit or franchise taxes (and any penalties or interest due on account thereof).
