Common use of Tax Impact of Transaction Clause in Contracts

Tax Impact of Transaction. Each of Seller and Selling Principal has consulted with a qualified attorney, tax advisor, or accountant or has elected not to do so, and assumes the risk of all potential income Tax risks associated with the Contemplated Transactions.

Appears in 4 contracts

Samples: Asset Purchase Agreement (GlyEco, Inc.), Asset Purchase Agreement (GlyEco, Inc.), Asset Purchase Agreement (GlyEco, Inc.)

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Tax Impact of Transaction. Each of Seller Company and Selling Principal Company Shareholders has consulted with a qualified attorney, tax advisor, or accountant or has elected not to do so, and assumes the risk of all potential income Tax risks associated with the Contemplated Transactions.

Appears in 1 contract

Samples: Agreement and Plan of Merger (GlyEco, Inc.)

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Tax Impact of Transaction. Each of Seller and Selling Principal has Principals have consulted with a qualified attorney, tax advisor, or accountant or has have elected not to do so, and assumes assume the risk of all potential income Tax risks associated with the Contemplated Transactions. Any sales Tax imposed by any Governmental Authority as a result of the Contemplated Transactions will be the responsibility of Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (GlyEco, Inc.)

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