Common use of Closing Costs; Transfer Taxes and Fees Clause in Contracts

Closing Costs; Transfer Taxes and Fees. Seller shall be responsible for paying (i) any documentary and transfer taxes and any sales, use or other taxes imposed by reason of the transfers of Assets provided hereunder and any deficiency, interest or penalty asserted with respect thereto and (ii) all costs of obtaining the transfer of existing Permits which may be lawfully transferred, (iii) all fees and costs of recording or filing all applicable conveyancing instruments described in Section 3.1, and (iv) all fees and costs of recording or filing all UCC termination statements and other releases of Encumbrances.

Appears in 7 contracts

Samples: Asset Purchase Agreement (Mobility Electronics Inc), Asset Purchase Agreement (American Petroleum Group Inc), Asset Purchase Agreement (Amazing Nutritionals Inc)

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