Cost and Taxes Clause Samples

The 'Cost and Taxes' clause defines how expenses and tax liabilities related to the agreement are allocated between the parties. Typically, it specifies which party is responsible for paying certain costs, such as service fees, materials, or government-imposed taxes like VAT or sales tax. For example, the clause may state that each party bears its own costs or that one party is responsible for all applicable taxes. Its core function is to prevent disputes by clearly outlining financial responsibilities, ensuring both parties understand their obligations regarding costs and taxes under the contract.
Cost and Taxes. All cost, expense, tax, duty or amount payable by the Lenders, the Collateral Agent or the Administrative Agent to any person, authority or entity in relation with this Agreement, any notice given with regard to the execution and performance of this Agreement or any other document granted with regard to this Agreement, including without limitation any notarial cost, taxes and duties arising from the granting of the deed raising this Agreement into the status of a Spanish public document, shall be paid by the Borrower.
View SourceView Similar (2)
Cost and Taxes. The provision of Services and the performing of both trading and non-trading operations under the Agreement is subject to the payment of charges to the Company (the “Costs”). Costs to the Company are set out on the Company’s Website and/or on the Client’s Personal Area and/or are communicated to the Client through other means. Costs related to trading operations under the Agreement, may be charged at the opening and/or during the lifetime and/or upon the closing of such trading operations. When placing Orders in CFDs, the related Costs may appear relative to the value of the CFD, therefore the Client has the responsibility to understand how Costs are calculated in this case. The Company may vary its Costs from time to time. The Company will send a Written Notice to the Client informing of any changes before they come into effect and the latter shall be free to dissolve the contract immediately. In the event that such change is based on a change in interest rates or tax treatment or where there is a valid reason, the Company shall have the right to amend it without prior notice to the Client provided that the Company shall inform the Client at the earliest opportunity and that the latter is free to dissolve the contract immediately. When providing a Service to a Client, the Company may pay or receive fees, commissions or other monetary or non-monetary benefits to, or from third parties as far as permissible under Applicable Regulations. The Company will provide information on such benefits to the Client if required under Applicable Regulations. The Company will not act as a tax agent for the Client. The Client shall be solely responsible for all filings, tax returns, and reports on any Transactions which should be made to any relevant authority, whether governmental or otherwise, and for payment of all taxes (including but not limited to any transfer or value-added taxes), arising out of or in connection with any Transaction. The Client undertakes to pay all stamp expenses relating to this Agreement and any documentation which may be required for the carrying out of the transactions under this Agreement. The Company may charge the Client for carrying out operations to pay in/withdraw funds. The amount of charge for paying in/ withdrawal of funds depends on factors such as the transaction sum, the type of transaction, the transaction currency, the system of payment etc. The Trading Commission and/or the Spreads and/or any other applicable Costs for performin...
View SourceView Similar (2)
Cost and Taxes. ▇▇▇▇▇▇▇ agrees to bear all cost and responsibility of operation, upkeep and maintenance of the Protected Premises and does hereby relieve, indemnify and hold harmless Holder therefrom. In addition, ▇▇▇▇▇▇▇ agrees to pay any and all real property taxes and assessments levied by competent authority on the Protected Premises. However, nothing contained herein shall preclude Grantor from delegating the responsibility for payment of all costs as aforesaid and the responsibility for operation, upkeep and maintenance of the Protected Premises to any other party with an interest in the protected Premises or in the remainder of the Property benefitting from the reservation. of rights hereunder.
View Source
Cost and Taxes. Any eventual cost and tax relevant to the participation to Campaign shall be exclusively supported by the Applicants. Applicants are requested to check the applicable costs, duties and taxes according to the laws of the jurisdiction where they reside or where are otherwise obliged to pay taxes.
View Source
Cost and Taxes. Any income or similar Taxes which are levied on the Seller or the Selling Subsidiaries due to the sale of the Shares or the Assets or the provision of the Transition Services shall be borne exclusively by the Seller or the Selling Subsidiaries. For the avoidance of doubt the German real estate acquisition tax (Grundstückserwerbsteuer) shall be borne by the Purchaser or the Purchasing Subsidiaries. The Seller shall bear the Swiss securities transfer stamp tax (Umsatzabgabe), if any, due to the sale of the Shares or the Assets. Except as otherwise expressly provided herein, any transfer Taxes, documentary Taxes, conveyancing Taxes, recording fees or similar Taxes levied on the transfer of Shares or the Assets or arising from the transactions contemplated by this Agreement, together with any interest or penalty thereon, shall be borne equally by the Purchaser and the Seller. Each Party bears the fees of its counsels and advisors. However, (i) the costs of PwC in connection with the audit or review of the Financial Statement and the combined financial statements of the Business for 2010 as described in art. 4.2(ii)(b) of this Agreement and for the audit or review of the financial statements 2009 as described in art. 8.7 of this Agreement shall be borne by the Purchaser, and (ii) at the Closing, the Seller shall pay CHF 500,000 (Swiss Francs five hundred thousand) to the Purchaser as reimbursement for such amount of the fees and costs of the Purchaser incurred in connection with the transactions contemplated by this Agreement.
View Source

Related to Cost and Taxes

  • 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.

  • 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.

  • Rates and Taxes Municipal Tax, surcharge, Multistoried Buildings Tax, Water Tax and other levies in respect of the Buildings and/or the Premises save those separately assessed on the Allottee.

  • 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.