Common use of Liability for Transfer Taxes Clause in Contracts

Liability for Transfer Taxes. Each Company shall be responsible for the timely payment of, and shall indemnify and hold harmless SunTrust against, all sales, use, value added, documentary, stamp, gross receipts, registration, transfer, conveyance, license and other similar taxes, assessments and fees, arising out of or attributable to the Transactions; provided, however, that SunTrust shall be responsible for payment of its own state and federal income taxes and franchise taxes that are in the nature of income taxes.

Liability for Transfer Taxes. Each Company shall be responsible for the and pay in a timely payment of, and shall indemnify and hold harmless SunTrust against, manner all sales, use, value added, documentary, stamp, gross receipts, registration, transfer, conveyance, excise, recording, license and other similar taxes, assessments Taxes and feesfees (“Transfer Taxes”), arising out of or in connection with or attributable to the Transactions; provided, however, that SunTrust transactions effected pursuant to this Agreement. Each party hereto shall prepare and timely file all Tax Returns required to be responsible for payment filed in respect of its own state and federal income taxes and franchise taxes Transfer Taxes that are in the nature primary responsibility of income taxessuch party under applicable law.

Liability for Transfer Taxes. Each Company shall be responsible for the timely payment of, and shall indemnify and hold harmless SunTrust each Purchaser and Purchasers’ Agent against, all sales, use, value added, documentary, stamp, gross receipts, registration, transfer, conveyance, license and other similar taxes, assessments and fees, arising out of or attributable to the Transactions; provided, however, that SunTrust each Purchaser and Purchasers’ Agent shall be responsible for payment of its own state and federal income taxes and franchise taxes that are in the nature of income taxes.

Liability for Transfer Taxes. Each Company shall be responsible for the timely payment of, and shall indemnify and hold harmless SunTrust Purchaser against, all sales, use, value added, documentary, stamp, gross receipts, registration, transfer, conveyance, license and other similar taxes, assessments and fees, arising out of or attributable to the Transactions; provided, however, that SunTrust Purchaser shall be responsible for payment of its own state and federal income taxes and franchise taxes that are in the nature of income taxes.

Liability for Transfer Taxes. Each Company shall be responsible for the and pay in a timely payment of, and shall indemnify and hold harmless SunTrust against, manner all sales, use, value added, documentary, stamp, gross receipts, registration, transfer, conveyance, excise, recording, license and other similar taxes, assessments taxes and fees, if any, arising out of or in connection with or attributable to the Transactions; provided, however, that SunTrust shall be responsible for payment transfer of its own state and federal income taxes and franchise taxes that are in the nature of income taxesAssets effected pursuant to this Agreement.