Common use of Taxes and Encumbrances Clause in Contracts

Taxes and Encumbrances. Lessee shall keep the Equipment free and clear of all levies, liens and encumbrances of any kind and shall promptly notify Lessor of any attachment or other judicial process which affects or which may affect the Equipment. Lessor is responsible for all license fees, registration fees, assessments, charges, taxes and encumbrances (municipal, provincial, territorial and federal) which may be imposed in relation to the license and use of the Equipment, including, without limitation, all sales, withholding, value-added and/or goods and services taxes.

Appears in 2 contracts

Sources: Equipment Rental Agreement, Equipment Rental Agreement