Transactional Taxes Sample Clauses
The Transactional Taxes clause defines which party is responsible for paying taxes that arise directly from a specific transaction, such as sales tax, value-added tax (VAT), or transfer taxes. Typically, this clause clarifies whether the buyer or seller must pay these taxes and may specify procedures for handling tax payments or reimbursements. Its core practical function is to allocate tax-related financial obligations clearly between the parties, thereby preventing disputes and ensuring compliance with applicable tax laws.
Transactional Taxes. Notwithstanding any other provision of this Agreement, all transfer, documentary, recording, notarial, sales, use, registration, stamp and other similar Taxes or fees imposed by any taxing authority in connection with the transactions contemplated by this Agreement will be borne by Purchaser. The Parties will file all necessary Tax Returns and other documentation with respect to all such Taxes and, if required by applicable Law
Transactional Taxes. Notwithstanding any other provision of this Agreement, all transfer, documentary, recording, notarial, sales, use, registration, stamp and other similar Taxes or fees imposed by any Taxing Authority in connection with the transactions contemplated by this Agreement will be borne by Parent.
Transactional Taxes. All amounts due under this Agreement are exclusive of any sales, use, goods and services or VAT which may be imposed by any governmental authority in connection with the Services provided by EULAR to Company hereunder (collectively the “Transactional Taxes”). Any applicable Transactional Taxes for which the liability belongs to EULAR will be charged to Company in addition to the Fee due under this Agreement. Company shall pay to EULAR and EULAR shall remit to the relevant government authority such Transactional Taxes. Company acknowledges that it might have to pay VAT directly to the Austrian tax authorities (reverse charge system, art.19 para. 1 Austrian VAT act). Company undertakes to pay such VAT as requested by the tax authorities and shall indemnify EULAR if it fails to do so.
Transactional Taxes. Notwithstanding any other provision of this Agreement, all transfer, documentary, recording, notarial, sales, use, registration, stamp and other similar Taxes or fees imposed by any taxing authority in connection with the transactions contemplated by this Agreement will be borne by the Company Securityholders. All necessary Tax Returns and other documentation with respect to all such Taxes will be the responsibility of the Company Securityholders and will be prepared and filed at their own expense and, if required by applicable Law, the Purchaser will, and will cause its Affiliates to, join in the execution of any such Tax Returns or other documentation.
Transactional Taxes. Each of the Sellers shall be liable, jointly and severally, for, and shall indemnify and hold harmless the Buyer and the Partnerships against, all Taxes with respect to the sale, transfer, or assignment of the Interests or the consummation of the Transactions.
Transactional Taxes. 41 13.4 TAX SHARING AGREEMENTS........................................................................42 13.5
Transactional Taxes. Notwithstanding any other provision of this Agreement, all transfer, documentary, recording, notarial, sales, use, registration, stamp and other similar Taxes or fees imposed by any U.S. federal, state or local taxing authority in connection with the Contemplated Transactions will be borne by Seller regardless of which party is obligated to pay such Tax under applicable Legal Requirements; any such Taxes or fees imposed by any Swiss or other European national or local taxing authority in connection with the Contemplated Transactions will be borne by Buyer regardless of which party is obligated to pay such Tax under applicable Legal Requirements. Buyer and Seller will cooperate in timely making and filing all Tax Returns as may be required to comply with Legal Requirements relating to such Taxes.
Transactional Taxes. Notwithstanding any other provision of this Agreement, all transfer, documentary, recording, notarial, sales, use, registration, stamp, and other similar Taxes or fees imposed by any taxing authority in connection with the transactions contemplated by this Agreement will be borne equally between the Sellers and the Buyer. The Sellers and the Buyer will, at their own expense, file all necessary Tax Returns and other documentation with respect to all such Taxes and, if required by applicable Law, the other party (the Sellers or Buyer) will, and will cause its Affiliates to, join in the execution of any such Tax Returns or other documentation.
Transactional Taxes. All transfer, documentary, sales, use, stamp, registration, value added and similar Taxes and fees (including any penalties and interest) incurred in connection with Transaction Documents (including any real property transfer Tax and any other similar Tax) shall be borne and paid (i) 50% by Buyer, and (ii) 50% will be an indemnifiable matter in accordance with Section 9.2(f) hereof. Buyer shall timely file any Tax Return or other document with respect to such Taxes or fees (and Representative shall cooperate with respect thereto as necessary).
Transactional Taxes. Seller and Members shall be responsible for and pay all Taxes imposed at any time by any Governmental Authority with respect to the Transaction Documents, the sale, conveyance, transfer, assignment or delivery of the Acquired Assets or the consummation of the transactions contemplated by this Agreement and the other Transaction Documents ("Transactional Taxes").