Common use of Buyer’s Tax Obligations Clause in Contracts

Buyer’s Tax Obligations. 10.2.1 Buyer shall pay, indemnify and hold harmless Seller from and against all Taxes levied on the LNG sold under a Confirmation Notice, or in relation to its export, import, delivery, ownership, sale or use, which are imposed by the country of the Discharge Port (or any political subdivision thereof or any other governmental authority in such country) after the passing of title to the Buyer. 10.2.2 For FOB sales, in addition to Clause 10.2.1 above Buyer shall pay, indemnify and hold Seller harmless from and against all tolls, port charges, duties and fees, and any charges levied on the LNG Ship at the Loading Port. 10.2.3 Buyer or any entity in the chain purchasing from Buyer, shall be the importer of record at the Discharge Port and shall be responsible for complying with customs and excise procedures at the Discharge Port. For the avoidance of doubt, all customs duties, excise duties and any other similar tariffs at the Discharge Port are for Buyer’s account. 10.2.4 Buyer shall not be the exporter of record at the Loading Port. However, Buyer shall provide the documentation requested by Seller which is necessary to comply with the customs and excise procedures at the Loading Port. If the documents requested by Seller are not customarily issued in relation to the sale and purchase and transportation of LNG and/or the LNG Ship, Buyer shall exercise reasonable endeavours to obtain such documents. 10.2.5 Buyer shall not be responsible for any Taxes incurred by Seller solely due to the Wilful Misconduct of Seller or the operator of Seller’s Facilities. 10.2.6 No indemnity or reimbursement under this Clause 10.2 shall apply to any Income Taxes incurred by the Seller.

Buyer’s Tax Obligations. 10.2.1 Buyer shall pay, indemnify and hold harmless Seller from and against all Taxes levied on the LNG sold under a Confirmation Notice, or in relation to its export, import, delivery, ownership, sale or use, which are imposed by the country of the Discharge Port (or any political subdivision thereof or any other governmental authority in such country) after the passing of title to the Buyer. 10.2.2 . For FOB sales, in addition to Clause 10.2.1 above Buyer shall pay, indemnify and hold Seller harmless from and against all tolls, port charges, duties and fees, and any charges levied on the LNG Ship at the Loading Port. 10.2.3 . Buyer or any entity in the chain purchasing from Buyer, shall be the importer of record at the Discharge Port and shall be responsible for complying with customs and excise procedures at the Discharge Port. For the avoidance of doubt, all customs duties, excise duties and any other similar tariffs at the Discharge Port are for Buyer’s account. 10.2.4 . Buyer shall not be the exporter of record at the Loading Port. However, Buyer shall provide the documentation requested by Seller which is necessary to comply with the customs and excise procedures at the Loading Port. If the documents requested by Seller are not customarily issued in relation to the sale and purchase and transportation of LNG and/or the LNG Ship, Buyer shall exercise reasonable endeavours to obtain such documents. 10.2.5 . Buyer shall not be responsible for any Taxes incurred by Seller solely due to the Wilful Misconduct of Seller or the operator of Seller’s Facilities. 10.2.6 . No indemnity or reimbursement under this Clause 10.2 shall apply to any Income Taxes incurred by the Seller.

Buyer’s Tax Obligations. ‌ 10.2.1 Buyer shall pay, indemnify and hold harmless Seller from and against all Taxes levied on the LNG sold under a Confirmation Notice, or in relation to its export, import, delivery, ownership, sale or use, which are imposed by the country of the Discharge Port (or any political subdivision thereof or any other governmental authority in such country) after the passing of title to the Buyer.Buyer.‌ 10.2.2 For FOB sales, in addition to Clause 10.2.1 above Buyer shall pay, indemnify and hold Seller harmless from and against all tolls, port charges, duties and fees, and any charges levied on the LNG Ship at the Loading Port. 10.2.3 Buyer or any entity in the chain purchasing from Buyer, shall be the importer of record at the Discharge Port and shall be responsible for complying with customs and excise procedures at the Discharge Port. For the avoidance of doubt, all customs duties, excise duties and any other similar tariffs at the Discharge Port are for Buyer’s account. 10.2.4 Buyer shall not be the exporter of record at the Loading Port. However, Buyer shall provide the documentation requested by Seller which is necessary to comply with the customs and excise procedures at the Loading Port. If the documents requested by Seller are not customarily issued in relation to the sale and purchase and transportation of LNG and/or the LNG Ship, Buyer shall exercise reasonable endeavours to obtain such documents. 10.2.5 Buyer shall not be responsible for any Taxes incurred by Seller solely due to the Wilful Misconduct of Seller or the operator of Seller’s Facilities. 10.2.6 No indemnity or reimbursement under this Clause 10.2 shall apply to any Income Taxes incurred by the Seller.