Sales or Use Tax. In the event that any sales or use tax shall be due to any state or local governmental authority by reason of the sale of the Assets, such tax shall be borne by Buyer; provided, however, that Seller shall be solely responsible for any sales taxes arising out of the operation of the Business prior to Closing.
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Samples: Asset Purchase Agreement (Document Security Systems Inc), Asset Purchase Agreement (Document Security Systems Inc)
Sales or Use Tax. In the event that any sales or use tax shall be due to any state or local governmental authority by reason of the sale of the Assets, such tax shall be borne by Buyer; provided, however, that Seller shall be solely responsible for any sales taxes arising out of the operation of the Business prior to ClosingSeller.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Canandaigua National Corp), Asset Purchase Agreement (Canandaigua National Corp)
Sales or Use Tax. In the event that any sales or use tax shall be due to any state or local governmental authority by reason of the sale of the Assets, such tax shall be borne by Buyer; provided, however, that Seller shall be solely responsible for any sales taxes arising out of the operation of the Business prior to Closing.
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Sales or Use Tax. In the event that any sales or use tax shall be due to any state or local governmental authority by reason of the sale of the Assets, such tax shall be borne by Buyer; provided, however, that Buyer and Seller shall be solely responsible for any sales taxes arising out of the operation of the Business prior to Closingequally.
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Sales or Use Tax. In the event that any sales or use tax shall be due to any state or local governmental authority by reason of the sale of the Assets, such tax shall be borne by Buyer; provided, however, that Seller shall be solely responsible for any sales taxes arising out of the operation of the Business prior to Closing.. 8.03
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