Excise Duties Sample Clauses

The Excise Duties clause defines the responsibilities of the parties regarding the payment and handling of excise taxes imposed on certain goods, such as alcohol, tobacco, or fuel, during their manufacture, sale, or distribution. Typically, this clause specifies which party is liable for paying these duties, outlines the process for remitting payments to the relevant authorities, and may address the documentation required to prove compliance. Its core practical function is to allocate the financial and administrative burden of excise duties clearly between the parties, thereby preventing disputes and ensuring compliance with applicable tax laws.
Excise Duties. 6.1 This agreement / authorisation also applies on the activities to act as representative for refunds and/or payments of all excise duties. 6.2 Refunds are requested, based on the ‘Wet op de verbruiksbelasting van alcoholvrije dranken’ (WVAD), article 33, paragraph 1, item e. 6.3 In case of refunds, we agree that payments will be returned to the account of the Direct Representative or our own bank account, listed below.
Excise Duties. 12.4.1. Transactional items of a routine nature, as contemplated in clause 12.1 above, are subject to applicable excise duties. 12.4.2. Spot in-tank purchases and sales are subject to applicable excise duties.
Excise Duties. 10.1 At the request of Buyer - if in Seller’s opinion this can be reasonably be complied with - Seller shall draw up an administrative accompanying document (AAD) for the transport of the goods to a tax warehouse designated by Buyer, or to a registered or a non-registered company. ▇▇▇▇▇ will notify Seller in writing timely before the drawing up of the AAD of the regarding excise number as well as the name and signature of the person(s) who are authorised to sign for acceptance of the goods. 10.2 Buyer is in case of FOB/FCA deliveries liable for all taxes, increases and fines which is the result of infringements during the transport of the goods or any shortage observed on acceptance of the goods by the addressee of the AAD. 10.3 Buyer is in case of CIF/CFR deliveries liable for all taxes, increases and fines which is the result of any shortage observed on acceptance of the goods by the addressee of the AAD. ▇▇▇▇▇ will return to Seller the returnsheet of the AAD signed by an authorised person within 14 days after the date of the AAD.

Related to Excise Duties

  • Normal Duties (a) Faculty members are accountable for 10 months of the year. The 10 months accountable time includes such activities as teaching, the counselling of students, curriculum/program development, professional development and participation on a variety of educational committees. (b) At least one month before the commencement of any accountable time longer than four consecutive days, and covering activities other than teaching or professional development the faculty member will submit for approval to the appropriate administrator an activity plan for this period. Approval will not be unreasonably withheld. On an annual basis, the faculty member will submit to the appropriate administrator a written report of their accountable time activities.

  • Employee Duties The Employee agrees that they will act in accordance with this Agreement and with the best interests of the Employer in mind, which may or may not require them to present the best of their skills, experience, and talents, to perform all the duties required of the position. In carrying out the duties and responsibilities of their position, the Employee agrees to adhere to any and all policies, procedures, rules, regulations, as administered by the Employer. In addition, the Employee agrees to abide by all local, county, State, and Federal laws while employed by the Employer.

  • Executive Duties During and after Executive’s employment with the Company, Executive shall, without additional compensation: (i) promptly disclose to the Company any Employee Development, specifically identifying any inventions, improvements or other portions of the Employee Development that are potential patentable or susceptible to protection as a trade secret; (ii) execute and deliver any and all applications, assignments, documents, and other instruments that the Company shall deem necessary to protect the right, title and interest of the Company or its designee in or to any Employee Development; (iii) reasonably cooperate and assist in providing information for making and completing regulatory and other filings in connection with any Employee Development; (iv) reasonably cooperate and assist in providing information for or participating in any action, threatened action, or considered action relating to any Employee Development; and (v) take any and all other actions as the Company may otherwise require with respect to any Employee Development.

  • Employment Duties (a) Subject to the terms and conditions set forth herein, the Company hereby employs the Executive to act for the Company during the Employment Period in the capacity set forth on Schedule A hereto, and the Executive hereby accepts such employment. The duties and responsibilities of the Executive shall include such duties and responsibilities appropriate to such office and as are normally associated with and appropriate for such position and as the Company’s board of directors (the “Board”) may from time to time reasonably assign to the Executive. (b) Executive recognizes that during the period of Executive’s employment hereunder, Executive owes an undivided duty of loyalty to the Company, and Executive will use Executive’s good faith efforts to promote and develop the business of the Company and its subsidiaries (the Company’s subsidiaries from time to time, together with any other affiliates of the Company, the “Affiliates”). Executive shall devote all of Executive’s business time, attention and skills to the performance of Executive’s services as an executive of the Company. Recognizing and acknowledging that it is essential for the protection and enhancement of the brand name, reputation and business of the Company and the goodwill pertaining thereto, Executive shall perform the Executive’s duties under this Agreement professionally, in accordance with the applicable laws, rules and regulations and such standards, policies and procedures established by the Company and the industry from time to time. (c) However, the parties agree that: (i) Executive may devote a reasonable amount of his time to civic, community, or charitable activities and may serve as a director of other corporations (provided that any such other corporation is not a competitor of the Company, as determined by the Board) and to other types of business or public activities not expressly mentioned in this paragraph and (ii) Executive may participate as a non-employee director and/or investor in other companies and projects as disclosed by Executive to, and approved by, the Board, so long as Executive’s responsibilities with respect thereto do not conflict or interfere with the faithful performance of his duties to the Company.

  • Employment Duties and Responsibilities A) The Company shall employ the Executive, and the Executive shall serve the Company, as President and Chief Executive Officer, with such duties and responsibilities as may be assigned to the Executive by the Board of Directors of the Company (“BOD”) and are typically associated with a position of that nature. B) The Executive shall devote his best efforts and all of his business time to the performance of his duties under this Agreement and shall perform them faithfully, diligently and competently in a manner consistent with the policies and goals of the Company as determined from time to time by the BOD. C) The Executive shall report to the BOD of the Company. D) The Executive shall not engage in any activities outside the scope of his employment that would detract from, or interfere with, the fulfillment of his responsibilities or duties under this Agreement. E) The Executive shall not serve as a director (or the equivalent position) of any company or entity other than the Company and shall not render services of a business, professional or commercial nature to any other person or firm, except for not-for-profit entities, without prior written consent of the BOD. Such consent shall not be unreasonably withheld. F) The Executive shall not receive fees or other remuneration for work performed either within or outside the scope of his employment without prior written consent of the BOD. Such consent shall not be unreasonably withheld.