Common use of Liability for Transfer Taxes Clause in Contracts

Liability for Transfer Taxes. The Seller shall be responsible for the timely payment of, and shall indemnify and hold harmless the Buyer against, all sales (including, without limitation, bulk sales), use, value added, documentary, stamp, gross receipts, registration, transfer, conveyance, excise, recording, firearm, ammunition, license and other similar taxes and fees ("Transfer Taxes"), arising out of or in connection with or attributable to the transactions effected pursuant to this Agreement. The Seller shall prepare and timely file all Tax Returns required to be filed in respect of Transfer Taxes (including, without limitation, all notices required to be given with respect to bulk sales taxes), provided that the Buyer shall be permitted to prepare any such Tax Returns that are the primary responsibility of the Buyer under applicable law. The Buyer's preparation of any such Tax Returns shall be subject to Seller's approval, which approval shall not be withheld unreasonably.

Appears in 1 contract

Samples: Share Purchase Agreement (Approved Financial Corp)

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Liability for Transfer Taxes. The Seller Medi-Flex shall be responsible for the timely payment of, and shall indemnify and hold harmless the Buyer against, all sales (including, without limitation, bulk sales), use, value added, documentary, stamp, gross receipts, registration, transfer, conveyance, excise, recording, firearm, ammunition, license and other similar taxes and fees ("Transfer Taxes"), if any, arising out of or in connection with or attributable to the transactions effected pursuant to this AgreementAgreement and the Collateral Agreements. The Seller Medi-Flex shall prepare and timely file all Tax Returns tax returns required to be filed in respect of Transfer Taxes (including, without limitation, all notices required to be given with respect to bulk sales taxes), provided that the Buyer shall be permitted to prepare any such Tax Returns that are the primary its primarily responsibility of the Buyer under applicable law. The Buyer's preparation of any such Tax Returns tax returns shall be subject to SellerMedi-Flex's approval, which approval shall not be withheld unreasonably.

Appears in 1 contract

Samples: Asset Purchase Agreement (Medical Action Industries Inc)

Liability for Transfer Taxes. The Seller shall be responsible for the timely payment ofof all income, and shall indemnify and hold harmless the Buyer against, all sales (including, without limitation, bulk sales), use, value added, documentary, stamp, gross receipts, registration, transfer, conveyance, excise, recording, firearm, ammunition, license and other similar taxes Taxes (as defined in Section 6(i) hereof) and fees (collectively, "Transfer Taxes"), arising out of or in connection with or attributable to the transactions effected pursuant to this AgreementAgreement and the Related Agreements. The Seller shall prepare and timely file all Tax Returns tax returns required to be filed in respect of Transfer Taxes (including, without limitation, all notices required to be given with respect to bulk sales taxes), provided that the Buyer Purchaser shall be permitted to prepare any such Tax Returns tax returns that are the primary responsibility of the Buyer Purchaser under applicable lawApplicable Law. The BuyerPurchaser's preparation of any such Tax Returns tax returns shall be subject to Seller's approval, which approval shall not be unreasonably withheld unreasonablyor delayed.

Appears in 1 contract

Samples: Agreement of Purchase and Sale of Assets Agreement (Caribiner International Inc)

Liability for Transfer Taxes. The Seller shall hereby agrees to be responsible for the timely payment of, and shall indemnify and hold harmless the Buyer Purchaser from and against, all sales (including, without limitation, bulk sales), use, value added, documentary, stamp, gross receipts, registration, transfer, conveyance, excise, recording, firearm, ammunition, license excise and other similar taxes and fees ("collectively, “Transfer Taxes"), arising out of or in connection with or attributable to the transactions effected pursuant to this Agreement. The Seller shall prepare and timely file all Tax Returns tax returns required to be filed in with respect of to all Transfer Taxes Taxes, if any (including, without limitation, all notices required to be given with respect to bulk sales taxes), provided that the Buyer Purchaser shall be permitted to prepare any such Tax Returns tax returns that are the primary responsibility of the Buyer Purchaser under applicable law. The Buyer's Purchaser’s preparation of any such Tax Returns tax returns shall be subject to Seller's ’s approval, which approval shall not be withheld unreasonablyunreasonably withheld. Purchaser agrees to execute and deliver to Seller a resale certificate in form and substance reasonably satisfactory to Seller’s counsel.

Appears in 1 contract

Samples: Asset Purchase Agreement (Paper Warehouse Inc)

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Liability for Transfer Taxes. The Seller Company shall be responsible for the timely payment of, and shall indemnify and hold harmless the Buyer Indemnified Parties against, all sales (including, without limitation, bulk sales), use, value added, documentary, stamp, gross receipts, registration, transfer, conveyance, excise, recording, firearm, ammunition, license and other similar taxes Taxes and fees ("Transfer Taxes"), arising out of or in connection with or attributable to the transactions effected pursuant to this AgreementAgreement and the other Transaction Documents. The Seller Sellers shall prepare and timely file all Tax Returns required to be filed in respect of Transfer Taxes (including, without limitation, all notices required to be given with respect to bulk sales taxes), provided that the Buyer shall be permitted to prepare any such Tax Returns that are the primary responsibility of the Buyer under applicable law. The Buyer's preparation of any such Tax Returns shall be subject to Sellerthe Company's approval, which approval shall not be withheld unreasonably.

Appears in 1 contract

Samples: Asset Purchase Agreement (Access Worldwide Communications Inc)

Liability for Transfer Taxes. The Seller Sellers shall be responsible for the timely payment of, and shall indemnify and hold harmless the Buyer against, all sales (including, without limitation, bulk sales, if applicable), use, value added, documentary, stamp, gross receipts, registration, transfer, conveyance, excise, recording, firearm, ammunition, license and other similar taxes Taxes and fees ("Transfer Taxes"), arising out of or in connection with or attributable to the transactions effected pursuant to this AgreementAgreement and the Collateral Agreements. The Seller shall prepare and timely file all Tax Returns required to be filed in respect of Transfer Taxes (including, without limitation, all notices required to be given with respect to bulk sales taxes), provided that the Buyer shall be permitted to prepare any such Tax Returns that are the primary responsibility of the Buyer under applicable lawApplicable Law. The Buyer's preparation of any such Tax Returns shall be subject to Seller's approval, which approval shall not be withheld unreasonably.

Appears in 1 contract

Samples: Asset Purchase Agreement (MTD Products Inc)

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