Common use of Unbilled Transactional Taxes Clause in Contracts

Unbilled Transactional Taxes. If a Tax assessment is levied upon any party by an authorized tax jurisdiction for unbilled transactional Taxes that are the obligation of the other party under this Agreement, then the non-assessed party shall reimburse the assessed party for those taxes including any interest and penalty.

Appears in 1 contract

Samples: Asset Purchase Agreement (Toledo Edison Co)

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Unbilled Transactional Taxes. If a Tax assessment is levied upon any party by an authorized tax Tax jurisdiction for unbilled transactional Taxes that are the obligation of the other party under this Agreement, then the non-assessed party shall reimburse the assessed party for those taxes Taxes including any interest and penalty.

Appears in 1 contract

Samples: Asset Purchase Agreement (Clicknsettle Com Inc)

Unbilled Transactional Taxes. If a Tax assessment is levied upon any party by an authorized tax jurisdiction for unbilled transactional Transaction Taxes that are the obligation of the other party under this Agreement, then the non-assessed party shall reimburse the assessed party for those taxes including any interest and penalty.

Appears in 1 contract

Samples: Asset Purchase Agreement (Savvis Communications Corp)

Unbilled Transactional Taxes. If a Tax assessment is levied upon any party Party by an authorized tax jurisdiction for unbilled transactional Transaction Taxes that are the obligation of the other party Party under this Agreement, then the non-assessed party Party shall reimburse the assessed party Party for those taxes including any interest and penalty.

Appears in 1 contract

Samples: Membership Transfer Agreement (Center for Wound Healing, Inc.)

Unbilled Transactional Taxes. If a Tax assessment is levied upon any party Party by an authorized tax jurisdiction for unbilled transactional Transaction Taxes that are the obligation of the other party Party under this Agreement, then the non-assessed party Party shall reimburse the assessed party Party for those taxes including any interest and penalty.. ARTICLE 11

Appears in 1 contract

Samples: Membership Transfer Agreement

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Unbilled Transactional Taxes. If a Tax assessment is levied upon any party by an authorized tax jurisdiction for unbilled transactional Transaction Taxes that are the obligation of the other party under this Agreement, then the non-assessed party shall reimburse the assessed party for those taxes including any interest and penalty.. Back to Contents

Appears in 1 contract

Samples: Asset Purchase Agreement (Cable & Wireless Public Limited Co)

Unbilled Transactional Taxes. If a Tax assessment is levied upon any party Party by an authorized tax jurisdiction for unbilled transactional Transaction Taxes that are the obligation of the other party Party under this Agreement, then the non-assessed party Party shall reimburse the assessed party Party for those taxes taxes, including any interest and penaltypenalty other than any interest and penalty attributable to the assessed Party’s failure to promptly pay or protest such Tax when assessed.

Appears in 1 contract

Samples: Asset Purchase Agreement (Webmedia Brands Inc.)

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