Consideration and Taxes Clause Samples

The 'Consideration and Taxes' clause defines the payment or value exchanged between parties under the agreement and addresses the allocation of responsibility for any taxes arising from the transaction. Typically, this clause specifies the amount, timing, and method of payment, and clarifies whether taxes such as sales tax, VAT, or withholding tax are included in the consideration or must be paid separately by one of the parties. Its core function is to ensure both parties understand their financial obligations and tax liabilities, thereby preventing disputes over payment amounts or unexpected tax burdens.
Consideration and Taxes. 3.1 As consideration for your role as Advisor and for your provision of the Services, the Compensation Committee of the Company Board of Directors has approved the continued vesting of Company equity granted to you on February 15, 2024. For the avoidance of doubt, during the Advisory Term, the only equity to vest shall be the 5,000 RSUs that will vest on February 15, 2025. 3.2 Advisor acknowledges that, other than as set forth in that certain Separation Agreement dated as of December 18, 2024 between Advisor and the Company (the “Separation Agreement”), no further fees, remuneration or compensation, other than as provided in these Advisory Terms & Conditions, is or will become due to Advisor for the Services or for termination of the Appointment. 3.3 Advisor shall have full responsibility for applicable taxes for the vesting of the equity under these Terms & Conditions.
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Consideration and Taxes. In consideration for the grant of the license and the use of flexMIRT™ as authorized in this ▇▇▇▇, You shall pay VPG by credit card a license fee of $125.00. All payments to VPG exclude sales, use, and other taxes that may be imposed upon such payments. You are solely liable for any sales tax, use tax, or other taxes (exclusive of taxes based on VPG’s revenue) due pursuant to this ▇▇▇▇.
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Consideration and Taxes. The Parties have agreed for consideration for the Advertising Services in accordance with Annexure II for the display of Partner’s Product on Client Platforms
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Consideration and Taxes. As sole consideration for the Services and the Release, you will receive the following:
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Consideration and Taxes. 6.1 The consideration of this contract is RMB 1,090,000, in words RMB One Million and Ninety Thousand Yuan, as detailed in Exhibit 1 - Detailed Price List. 6.2 All taxes and fees related to this contract shall be borne by Party B.
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Consideration and Taxes. 9.1 As full consideration for provision of the Facility and Services, Client shall pay SERVICE PROVIDER at the rates and on the payment terms set out in Annexure III (Payment Terms and Mechanism). The consideration payable by Client to SERVICE PROVIDER under this Agreement as determined in accordance with Annexure III shall be: (i) subject to deduction of tax at source in accordance with applicable tax laws of India and (ii) net of all other taxes and duties including without limitation central sales tax, local sales tax, VAT, levies and any other charges of similar nature except otherwise expressly agreed by Parties. SERVICE PROVIDER shall be solely liable and responsible for bearing and paying all such applicable taxes.
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Consideration and Taxes. (a) You are ultimately liable and responsible to pay the Per Share Consideration for any Shares issuable under the Award and for all taxes owed in connection with the Award. The Company does not make any representation or undertaking regarding the treatment of any tax withholding in connection with the grant or vesting of the Award or any subsequent sale of Shares issuable pursuant to the Award. The Company does not commit and is under no obligation to structure the Award to reduce or eliminate your tax liability. In addition, the Company may refuse to transfer or release any Shares to you until you pay the Per Share Consideration for any Shares issuable under the Award. (b) Prior to any event in connection with the Award (e.g., vesting or payment in respect of the Award) that the Company determines may result in any domestic or foreign tax withholding obligation, whether national, federal, state or local, including any social tax obligation (the “Tax Withholding Obligation”), you are required to arrange for the satisfaction of the amount of such Tax Withholding Obligation in a manner acceptable to the Company. (i) Unless the Committee provides otherwise, at any time not less than five (5) business days before any Tax Withholding Obligation arises (e.g., a Settlement Date), you must notify the Company of your election to pay your Tax Withholding Obligation by wire transfer, cashier’s check or other means permitted by the Company. In such case, you will satisfy his or her tax withholding obligation by paying to the Company on such date as it shall specify an amount that the Company determines is sufficient to satisfy the expected Tax Withholding Obligation by (i) wire transfer to such account as the Company may direct, (ii) delivery of a cashier’s check payable to the Company, Attn: General Counsel, at the Company’s principal executive offices, or such other address as the Company may from time to time direct, or (iii) such other means as the Company may establish or permit. You agree and acknowledge that prior to the date a Tax Withholding Obligation arises, if any, the Company will be required to estimate the amount of the Tax Withholding Obligation and accordingly may require the amount paid to the Company under this Section 10(b)(i) to be more than the minimum amount that may actually be due and that, if you have not delivered payment of a sufficient amount to the Company to satisfy the Tax Withholding Obligation (regardless of whether as a result of th...
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Consideration and Taxes 
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Related to Consideration and Taxes

  • Costs and Taxes Each Party shall bear its own costs and taxes arising out of the negotiation, preparation and execution of this Agreement.

  • Payments and Taxes Any and all payments made by Borrower under this Agreement or any other Loan Document shall be made free and clear of and without deduction for any and all present or future taxes, levies, imposts, duties, deductions, withholdings, assessments, fees or other charges imposed by any governmental authority (including any interest, additions to tax or penalties applicable thereto) other than any taxes imposed on or measured by any Lender’s overall net income and franchise taxes imposed on it (in lieu of net income taxes), by a jurisdiction (or any political subdivision thereof) as a result of any Lender being organized or resident, conducting business (other than a business deemed to arise from such Lender having executed, delivered or performed its obligations or received a payment under, or enforced, or otherwise with respect to, this Agreement or any other Loan Document) or having its principal office in such jurisdiction (“Indemnified Taxes”). If any Indemnified Taxes shall be required by Law to be withheld or deducted from or in respect of any sum payable under this Agreement or any other Loan Document to any Lender, (a) an additional amount shall be payable as may be necessary so that, after making all required withholdings or deductions (including withholdings or deductions applicable to additional sums payable under this Section) such Lender receives an amount equal to the sum it would have received had no such withholdings or deductions been made, (b) Borrower shall make such withholdings or deductions, (c) Borrower shall pay the full amount withheld or deducted to the relevant taxing authority or other authority in accordance with applicable Law, and (d) Borrower shall deliver to such Lender evidence of such payment. Borrower’s obligation hereunder shall survive the termination of this Agreement.

  • Payment and Taxes As soon as practicable following the vesting of any shares of Restricted Stock, the Company shall deliver to Awardee shares of Common Stock then vested. Awardee shall pay, or make arrangements acceptable to the Company for the payment of, any and all federal, state, and local tax withholding that in the opinion of the Company is required by law. For the avoidance of doubt, the Awardee shall be entitled to satisfy any tax withholding obligations hereunder through an election to have shares of Common Stock of the Company withheld from any payments under this Agreement. Unless Awardee satisfies any such tax withholding obligation by paying the amount in cash, by check, stock withholding, or by other arrangements acceptable to the Company, the Company shall withhold a portion of the stock payable upon vesting equal to the tax withholding obligation. Any share withholding pursuant to this Section 8 is intended to be exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), pursuant to Rule 16b-3(e) under the Exchange Act. As a condition to the effectiveness of this Restricted Stock Award, Awardee shall not make any election to Section 83(b) of the Internal Revenue Code of 1986, as amended, to realize taxable income with respect to the Award as of the Date of Award without consent of the Committee.

  • Insurance and Taxes The Consultant agrees to arrange for the Consultant's own liability, disability, health, and workers' compensation insurance, and that of the Consultant's employees, if any. The Consultant further agrees to be responsible for the Consultant's own tax obligations accruing as a result of payments for services rendered under this Agreement, as well as for the tax withholding obligations with respect to the Consultant's employees, if any. It is expressly understood and agreed by the Consultant that should the Company for any reason incur tax liability or charges whatsoever as a result of not making any withholdings from payments for services under this Agreement, the Consultant will reimburse and indemnify the Company for the same.

  • Fees and Taxes 8.1 All fees payable to Oracle are due within thirty (30) days from the invoice date. Once placed, Your order is non-cancelable and the sums paid nonrefundable, except as provided in this Agreement or Your order. You will pay any sales, value-added or other similar taxes imposed by applicable law that Oracle must pay based on the Services You ordered, except for taxes based on Oracle’s income. Also, You will reimburse Oracle for reasonable expenses related to providing any Professional Services. Fees for Services listed in an order are exclusive of taxes and expenses. 8.2 You understand that You may receive multiple invoices for the Services You ordered. Invoices will be submitted to You pursuant to Oracle's Invoicing Standards Policy, which may be accessed at ▇▇▇▇://▇▇▇▇▇▇.▇▇▇/contracts. 8.3 You agree and acknowledge that You have not relied on the future availability of any Services, programs or updates in entering into the payment obligations in Your order; however, the preceding does not relieve Oracle of its obligation during the Services Period to deliver Services that You have ordered per the terms of this Agreement.