Transfer Tax. Purchaser shall pay any real property transfer or gains, sales, use, transfer value added, stock transfer, and stamp taxes, and any similar taxes (and any penalties or interest with respect to such taxes), which are or become payable in connection with the acquisition of the Shares by Purchaser, and shall indemnify and hold harmless the Stockholders and the Company from and against any liability with respect to such taxes (including any penalties, interest and professional fees). The Company and Purchaser shall cooperate in the preparation and filing of any required returns with respect to such taxes (including returns on behalf of the Stockholders.)
Appears in 7 contracts
Samples: Stock Purchase Agreement (Ashner Michael L), Stock Purchase Agreement (Shelbourne Properties Ii Inc), Stock Purchase Agreement (Shelbourne Properties I Inc)
