Transfer Tax definition
Examples of Transfer Tax in a sentence
No sums payable, or consideration given, by Buyer under this Agreement should be reduced by the amount of any Transfer Tax.
The Party required by Law to file a Tax Return with respect to any Transfer Tax shall, with the cooperation of the other Party, timely prepare and file such Tax Return.
If any Seller or any of its Affiliates is required to pay any Transfer Tax, Buyer shall within five (5) days of receipt of evidence of filing, reimburse such Seller for any such Transfer Taxes paid by the Seller or such Affiliate in connection with the filing of the applicable Tax Return.
If any Seller (or Debtor Seller Party) or any of its Affiliates is required by Law to pay any Transfer Tax, Buyer shall within five (5) days of receipt of evidence of filing, reimburse such Seller (or Debtor Seller Party) for any such Transfer Taxes paid by the Seller or such Affiliate in connection with the filing of the applicable Tax Return.
If TPI Parent, WindDown Co or any of their Affiliates is required to pay any Transfer Tax, the Commitment Party shall within five (5) days of receipt of evidence of filing reimburse WindDown Co for any Transfer Taxes paid by TPI Parent, WindDown Co or any such Affiliate in connection with the filing of the applicable Tax Return.