Property Tax Bills. After Closing, Buyer shall pay each property tax xxxx applicable to the Assets prior to the last day that such taxes may be paid without penalty or interest. If Seller receives any property tax xxxx applicable to the Assets, Seller shall promptly send such property tax xxxx to Buyer for payment by Buyer as set forth above. Buyer agrees to indemnify and hold Seller and its Affiliates harmless from and against all claims, expenses (including reasonable attorneys' fees), loss and liability resulting from nonpayment by Buyer of such Property Taxes applicable to the Assets for the year of Closing and subsequent years.
Appears in 4 contracts
Samples: Asset Sale and Purchase Agreement, Asset Sale and Purchase Agreement, Asset Sale and Purchase Agreement (Tesoro Logistics Lp)
