Exclusion of Taxes Sample Clauses

The Exclusion of Taxes clause defines which taxes are not included in the prices or payments specified in a contract, making it clear that certain tax liabilities remain the responsibility of one party, typically the buyer or recipient of goods and services. For example, the clause may state that sales tax, value-added tax (VAT), or other government-imposed charges are not covered by the seller and must be paid separately by the purchaser. This clause ensures clarity regarding tax obligations, preventing disputes over unexpected costs and allocating the risk of tax payments to the appropriate party.
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Exclusion of Taxes. The Charges are exclusive of taxes, duties and charges imposed or levied in connection with Your access to the Application. Without limiting the foregoing, You shall be liable for any new taxes, duties or charges imposed subsequent to the Commencement Date in respect of the Access to the Application.
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Exclusion of Taxes. The parties agree that no sales or use tax, either Alabama or Florida has been included in the target cost. Sales or use tax, if any, shall be subject to the Changes Clause of this Contract.
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Exclusion of Taxes. The fees for Intrex Services set forth on the Pricing Rate Schedule exclude all present and future taxes, duties, required contributions, or fees of any nature, including, but not limited to federal, state, national, provincial, local or other sales or use taxes, fees, excises, property or gross receipts taxes or fees, telecommunication taxes, license or access fees, or other taxes or duties that may now or hereafter be levied on the services provided or on payments made under this Agreement. Any such taxes, fees, required contributions, or duties, however denominated, that may now or hereafter be levied on the services provided or payments made under this Agreement, excluding taxes based on Intrex’s net income, shall be paid by SCLP. SCLP is responsible for (i) the payment of taxes whether they are concurrently invoiced by Intrex with the original invoiced amount or subsequently invoiced by Intrex and (ii) determining the applicability to SCLP of the tax laws of the jurisdiction where delivery occurs. In the event Intrex pays any taxes on behalf of SCLP, SCLP shall reimburse Intrex therefore in accordance with the terms of Section 4(b).
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Exclusion of Taxes. The provisions of this Article 9 do not apply to Claims in respect of Taxes. The Parties agree that the provisions of Article 8 shall govern the indemnification of Claims which are Taxes.
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Exclusion of Taxes. Unless Westerbeke otherwise expressly agrees in writing, prices for Westerbeke Products shall not include any sales, use, excise, ad valorem, receipt or other such taxes, which may at any time be imposed by federal, state or local authorities by reason of the sale by Westerbeke of Westerbeke Products to Distributor and Distributor shall pay all of such taxes other than income taxes imposed on Westerbeke by any governmental authority.
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Related to Exclusion of Taxes

  • Proration of Taxes For purposes of this Agreement, in the case of any Straddle Period, (a) Property Taxes for the Pre-Closing Tax Period shall be equal to the amount of such Property Taxes for the entire Straddle Period multiplied by a fraction, the numerator of which is the number of days during the Straddle Period that are in the Pre-Closing Tax Period and the denominator of which is the number of days in the entire Straddle Period, and (b) Taxes (other than Property Taxes) for the Pre-Closing Tax Period shall be computed as if such taxable period ended as of the close of business on the Closing Date.

  • Allocation of Taxes For purposes of determining the amount of Taxes that relate to Pre-Closing Tax Periods and Straddle Periods for purposes of any obligation to indemnify for Taxes under Section 4.2(b) the parties agree to use the following conventions: (1) Taxes in the form of interest, penalties, additions to tax or other additional amounts that are actually incurred, accrued, assessed or similarly charged on or after the Closing Date but that relate to Taxes that accrued on or before the Closing Date shall be treated as occurring prior to the Closing Date; (2) Except for Taxes for which the Operating Partnership is responsible hereunder and for real estate taxes (apportioned pursuant to Section 1.5), for all Taxes that are payable with respect to any Straddle Period, the portion of such Tax that is attributable to the portion of the Straddle Period ending on the Closing Date shall be allocated between the portion of the period ending on the Closing Date and the portion of the period beginning after the Closing Date using the following conventions: (i) in the case of such Taxes resulting from, or imposed on, net or gross income, Taxes resulting from, or imposed on, any sale, receipt, use, transfer or assignments of property or other asset, or Taxes resulting from, or imposed on, any payment or accrual of any amounts (including, without limitation, dividends, interest, or wages), the amount allocated to the portion of the period ending on the Closing Date shall be the amount of Tax that would be payable for such portion of the Straddle Period if such Person filed a separate Tax Return with respect to such Taxes or Taxes solely for the portion of the Straddle Period ending on the Closing Date using a “closing of the books” methodology for allocating items of such Tax Return; and (ii) in the case of all other such Taxes, the amount allocated to the portion of the period ending on the Closing Date shall equal to the amount of Taxes for the entire Straddle Period multiplied by a fraction the numerator of which is the number of calendar days in the portion of the period ending on the Closing Date and the denominator of which is the number of calendar days in the entire Straddle Period. For purposes of clause (1), any item determined on an annual or periodic basis (including amortization and depreciation deductions and the effects of graduated rates) shall be allocated to the portion of the Straddle Period ending on the Closing Date based on the relative number of days in such portion of the Straddle Period as compared to the number of days in the entire Straddle Period.

  • Definition of Taxes For the purposes of this Agreement, "Tax" or "Taxes" refers to any and all federal, state, local and foreign taxes, assessments and other governmental charges, duties, impositions and liabilities relating to taxes, including taxes based upon or measured by gross receipts, income, profits, sales, use and occupation, and value added, ad valorem, transfer, franchise, withholding, payroll, recapture, employment, excise and property taxes, together with all interest, penalties and additions imposed with respect to such amounts and any obligations under any agreements or arrangements with any other person with respect to such amounts and including any liability for taxes of a predecessor entity.

  • Treatment of Taxes Except as otherwise provided in the Loan Agreement, the proceeds of the Loan may be withdrawn to pay for taxes levied by, or in the territory of, the Borrower or the Guarantor on the goods or services to be financed under the Loan, or on their importation, manufacture, procurement or supply. Financing of such taxes is subject to the Bank’s policy of requiring economy and efficiency in the use of the proceeds of its loans. To that end, if the Bank shall at any time determine that the amount of any taxes levied on or in respect of any item to be financed out of the proceeds of the Loan is excessive or otherwise unreasonable, the Bank may, by notice to the Borrower, adjust the percentage for withdrawal set forth or referred to in respect of such item in the Loan Agreement as required to be consistent with such policy of the Bank.” (b) Section 6.03 (c) of the General Conditions is amended by replacing the words “corrupt or fraudulent” with the words “corrupt, fraudulent, collusive or coercive”. Section 1.02. Unless the context otherwise requires, the several terms defined in the General Conditions and in the Preamble to this Agreement have the respective meanings therein set forth and the following additional terms have the following meanings:

  • Deduction of Tax It is not required to make any deduction for or on account of Tax from any payment it may make under any Finance Document.