Common use of Taxes and Refunds Clause in Contracts

Taxes and Refunds. (a) Seller shall be responsible for all Taxes accruing on or before the Closing Date and Seller shall be entitled to any refunds or credits of Taxes attributable to or arising in all taxable periods ending on or before the Closing Date.

Appears in 3 contracts

Samples: Acquisition Agreement (Emed Technologies Corp), Acquisition Agreement (Emed Technologies Corp), Acquisition Agreement (Emed Technologies Corp)

AutoNDA by SimpleDocs

Taxes and Refunds. (a) Except for the Assumed Liabilities and as provided in Section 7.2, Seller shall be responsible for all Taxes accruing with respect to taxable periods (or portions thereof) ending on or before the Closing Date and Seller shall be entitled to any refunds or credits of Taxes attributable to or arising in all taxable periods ending on or before the Closing Date.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Laclede Steel Co /De/)

Taxes and Refunds. (a) Seller shall be responsible for all Income Taxes arising with respect to the use of the Acquired Assets and accruing on or before the Closing Date and Seller shall be entitled to any refunds or credits of Income Taxes arising with respect to the use of the Acquired Assets attributable to or arising in all taxable periods ending on or before the Closing Date.

Appears in 1 contract

Samples: Asset Purchase Agreement (Identix Inc)

AutoNDA by SimpleDocs

Taxes and Refunds. (a) Seller shall be responsible for and shall pay all Taxes accruing with respect to taxable periods (or portions thereof) ending on or before the Closing Date with respect to the Businesses or the use of the Subject Assets, and Seller shall be entitled to any refunds or credits of Taxes attributable to or arising in all taxable periods ending on or before the Closing Date.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (L 3 Communications Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.