Taxes, Fees and Other Expenses. All taxes, fees and other expenses arising from the execution and performance of this Agreement, including but not limited to legal costs, costs of production, stamp tax and any other taxes and fees shall be borne by Party B.
Taxes, Fees and Other Expenses. (i) Seller acknowledges its liability for all real estate taxes, ad valorem taxes, personal property Taxes and other Taxes through the Cut-Off Date, whether or not such Taxes are (i) due and payable as of the Cut-Off Date, (ii) delinquent as of the Cut-Off Date or (iii) billed as of the Cut-Off Date. Buyer shall be liable for all Taxes on the Real Estate Owned accruing after the Cut-Off Date. Taxes paid by Seller prior to the Closing Date with respect to periods that extend beyond the Cut-Off Date shall be prorated and adjusted as set forth below. Any Tax payable for any period prior to the Cut-Off Date for which a bxxx has not yet been rendered shall be prorated based on the Tax due for the prior billing period.
Taxes, Fees and Other Expenses. 7.1 All taxes and fees arising from the transfer of the equities or assets shall be assumed by the respective parties in accordance with the provisions of Chinese laws.
Taxes, Fees and Other Expenses. (a) The Sellers acknowledge their liability for all real estate taxes, ad valorem taxes, personal property taxes and other taxes, assessments and charges, license and permit fees, water and sewer rents and all other charges affecting the OREO, and any interest and penalties thereon (collectively, the “Taxes”) through the Closing Date only, whether or not such Taxes are (i) due and payable as of the Closing Date, (ii) delinquent as of the Closing Date or (iii) billed as of the Closing Date. The Buyer shall be liable for all Taxes on the OREO accruing after the Closing Date. Taxes paid by the Sellers prior to the Closing Date with respect to periods that extend beyond the Closing Date shall be prorated and adjusted as set forth below. Any Tax payable for any period prior to the Closing Date for which a xxxx has not yet been rendered shall be prorated to the Sellers based on the Tax due for the prior billing period. All Tax prorations in favor of either the Sellers or the Buyer pursuant to this Section 2.7(a) shall be credited to the appropriate party in the settlement statement referred to in subsection (c), below.
Taxes, Fees and Other Expenses
