ORDERS, PAYMENT AND TAXES Clause Samples

The "Orders, Payment and Taxes" clause defines the procedures and obligations related to placing orders, making payments, and handling applicable taxes in a contractual relationship. It typically outlines how orders are submitted and accepted, specifies payment terms such as due dates and acceptable methods, and clarifies which party is responsible for calculating and remitting taxes like sales or value-added tax. This clause ensures that both parties understand their financial responsibilities, reducing the risk of disputes over payments or tax liabilities.
ORDERS, PAYMENT AND TAXES. 7.1 Orders, Fees and Payment. (a) Partner will order the SAP Solution according to SAP's standard procedures. Partner will pay fees in amount and currency as stated in the Order Form. Partner will pay to SAP all fees due within thirty days of date of invoice. SAP may provide invoices to an email address provided by Partner. Unpaid fees will accrue interest at the maximum legal rate. Partner purchase orders are for administrative convenience and not a condition of payment. Payment is not dependent upon completion of any implementation or other services, whether provided by Partner, SAP or their respective partners. (b) Partner agrees to pay to SAP the annual program fee(s) as set out in the Order Form (“Program Fee”) and must be paid by the Partner annually in advance. (c) If Partner fails to make its payment on the due date, SAP may suspend Partner’s rights under the Agreement, until payment is made. All orders under the Agreement and any Order Form are non- cancellable and fees are non-refundable. (d) If SAP agrees to Partner’s request to be invoiced in a different currency other than the currency stated in an Order Form, the exchange rate will be based on the official fixing of the European Central Bank at the date of invoice. (e) Partner will independently establish the price of the Bundled Solution for its Customers. (f) SAP reserves the right to suspend Partner’s rights under the Agreement in its sole and reasonable discretion, if Partner is in violation of the Agreement. (g) Partner cannot withhold, reduce or set-off fees owed nor reduce license volume of any license, regardless of any termination, nonpayment, or other conduct of its Customers.
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ORDERS, PAYMENT AND TAXES. 4.1 OEM will independently establish prices and terms for the Bundled Services, provided such terms include those required by the Agreement. 4.2 Except as otherwise agreed upon by the parties, OEM agrees that it must purchase on behalf of each End User: (i) a three year subscription term to the Cloud Service (which term shall not be longer or shorter than three years), and (ii) Platinum Support (as available). OEM shall execute a Cloud Service Schedule with SAP for each End User subscription of the Cloud Service, and submit the Cloud Service Schedule to SAP together with the CPPD Schedule executed by the End User ordering the Cloud Service in accordance with Section 12 of this Agreement. The Cloud Service Schedule shall include such information as required by SAP for Cloud Service subscriptions, including without limitation (i) the Cloud Service subscription being ordered, (ii) customer name (no abbreviations), customer address (street, city, postal code, country), group (if any) and the total number of Named Users (or such other pricing unit) for each Cloud Service, (iii) the subscription term and (iv) all information necessary to enable SAP to set up access of the Cloud Services for each End User. SAP reserves the right to reject a Cloud Service Schedule and/or the CPPD Schedule in its sole and reasonable discretion, including due to such schedules in form or content is not in compliance with the terms of this Agreement. 4.4 OEM shall pay to SAP the fees for the Cloud Service due under this Agreement, including the applicable Order Form and Cloud Service Schedule, within thirty (30) days of the date of invoice. OEM can offset claims only if they are uncontested or awarded by final and binding court or arbitration court order. Except as expressly set forth in this Agreement, all payments made hereunder are non-refundable, and all amounts due hereunder are non-cancelable. 4.5 Subject to the increase in fees during the Renewal Term (as defined below) set forth below, the fees set forth in a Cloud Service Schedule will be fixed for the then-current committed subscription term. The term of the Cloud Service Schedule executed by OEM shall continue in effect as described in the Cloud Service Schedule. Following the subscription term of the applicable Cloud Service Schedule, the subscription shall automatically renew for additional one-year terms (each, as applicable, a “Renewal Term”). Fees for automatic Renewal Terms will be invoiced as set forth in the Cloud ...
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ORDERS, PAYMENT AND TAXES. 订单、付款和税费 7.1 Orders, Fees and Payment. 订单、费用和付款。 (a) Partner will order the SAP Solution according to SAP's standard procedures. Partner will pay fees in amount and currency as stated in the Order Form. Partner will pay to SAP all fees due within thirty days of date of invoice. SAP may provide invoices to an email address provided by Partner. Unpaid fees will accrue interest at the maximum legal rate. Partner purchase orders are for administrative convenience and not a condition of payment. Payment is not dependent upon completion of any implementation or other services, whether provided by Partner, SAP or their respective partners.
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ORDERS, PAYMENT AND TAXES. 3.1. Orders, Fees and Payment. a) If Partner orders Software or Cloud Service under the Agreement, Partner will order SAP Solution according to SAP's standard procedures. Partner will pay fees in amount and currency as stated in the applicable Price List, SAP PartnerEdge Schedule and Order Form. Partner will pay to SAP all fees due within thirty days of date of invoice. SAP may provide invoices to an email address provided by Partner. Unpaid fees will accrue interest at the maximum legal rate. Partner purchase orders are for administrative convenience and not a condition of payment. Payment is not dependent upon completion of any implementation or other services, whether provided by Partner, SAP or their respective partners. b) Partner agrees to pay to SAP the annual program fee(s) as set out in the PartnerEdge Program Guide (“Program Fee”). With regard to the first invoice, the Program Fee will be calculated by SAP from the Effective Date of the relevant SAP PartnerEdge Schedule to 31 December of the respective calendar year. Subsequent Program Fees will be calculated from 1st January to 31 December and must be paid by the Partner annually in advance. c) If Partner fails to make its payment on the due date, SAP may suspend Partner’s rights under the Agreement, until payment is made. All orders under the Agreement and any Order Form are non- cancellable and fees are non-refundable. d) If SAP agrees to Partner’s request to be invoiced in a different currency than the currency stated in an Order Form, the exchange rate will be based on the official fixing of the European Central bank at the date of invoice.
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ORDERS, PAYMENT AND TAXES 
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Related to ORDERS, PAYMENT 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.

  • 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.

  • Obligations and Taxes Pay its Indebtedness and other obligations promptly and in accordance with their terms and pay and discharge promptly when due all taxes, assessments and governmental charges or levies imposed upon it or upon its income or profits or in respect of its property, before the same shall become delinquent or in default, as well as all lawful claims for labor, materials and supplies or otherwise that, if unpaid, might give rise to a Lien upon such properties or any part thereof; provided, however, that such payment and discharge shall not be required with respect to any such tax, assessment, charge, levy or claim so long as the validity or amount thereof shall be contested in good faith by appropriate proceedings and the Borrower shall have set aside on its books adequate reserves with respect thereto in accordance with GAAP and such contest operates to suspend collection of the contested obligation, tax, assessment or charge and enforcement of a Lien and, in the case of a Mortgaged Property, there is no risk of forfeiture of such property.

  • 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.

  • Transfer Fees and Taxes If any of the Common Shares subscribed for are to be issued to a person or persons other than the Registered Warrantholder, the Registered Warrantholder shall execute the form of transfer and will comply with such reasonable requirements as the Warrant Agent may stipulate and will pay to the Corporation or the Warrant Agent on behalf of the Corporation, all applicable transfer or similar taxes and the Corporation will not be required to issue or deliver certificates evidencing Common Shares unless or until such Warrantholder shall have paid to the Corporation or the Warrant Agent on behalf of the Corporation, the amount of such tax or shall have established to the satisfaction of the Corporation and the Warrant Agent that such tax has been paid or that no tax is due.