Common use of Penalties and Interest Clause in Contracts

Penalties and Interest. If the Customer is required to withhold taxes under Clause 4 above or pay any other taxes in connection with this Agreement and fails to withhold the taxes at the correct rate or to remit the taxes withheld or pay any taxes (as applicable) to the relevant Government Agency within the time prescribed by the applicable law, the Customer shall be responsible for payment of any penalties or interest which are incurred as a result, and ▇▇▇▇▇ shall have no liability to reimburse the Customer for such penalties and/or interest incurred.

Appears in 6 contracts

Sources: Terms and Conditions, Terms and Conditions, Terms and Conditions

Penalties and Interest. If the Customer is required to withhold taxes under Clause 4 above above. or pay any other taxes in connection with this Agreement Agreement, and fails to withhold the taxes at the correct rate rate, or to remit the taxes withheld or pay any taxes (as applicable) to the relevant Government Agency within the time prescribed by the applicable law, the Customer shall be responsible for payment of any penalties or interest which are incurred as a result, and ▇▇▇▇▇ shall have no liability to reimburse the Customer for such penalties and/or interest incurred.

Appears in 1 contract

Sources: Bespoke Learning Content Terms and Conditions

Penalties and Interest. If the Customer is required to withhold taxes under Clause 4 above above, or pay any other taxes in connection with this Agreement Agreement, and fails to withhold the taxes at the correct rate or to remit the taxes withheld or pay any taxes (as applicable) to the relevant Government Agency within the time prescribed by the applicable law, the Customer shall be responsible for payment of any penalties or interest which are incurred as a result, and ▇▇▇▇▇ shall have no liability to reimburse the Customer for such penalties and/or and / or interest incurred.

Appears in 1 contract

Sources: Terms and Conditions