Charges and duties Clause Samples
The 'Charges and duties' clause defines the responsibility for paying any fees, taxes, or governmental charges that may arise in connection with the agreement. Typically, this clause specifies which party is liable for such costs, such as import duties, VAT, or other regulatory charges, and may outline procedures for reimbursement if one party pays on behalf of the other. Its core function is to allocate financial responsibility for statutory or regulatory charges, thereby preventing disputes and ensuring clarity regarding who bears these additional costs.
Charges and duties. As at the date of the present Agreement, payment of any State or registration duties or taxes or charges with reference of the Financial Documents is not required, with the exception of the following:
(a) Payment for notarization with regard to the Security Agreements; and
(b) Charges and duties for registration of Security Agreements, including payments of the stamp duty in respect of the present Agreement and other corresponding Agreements on Security in Cyprus and British Virgin Islands.
Charges and duties. The Debtor undertakes to reimburse this Party of Financing within 3 (three) Working Days after obtaining of the corresponding claim from the Party of Financing with the amount of its entire expenditures incurred by payment of the amounts of the state tax, stamp duties, registration duties and all other similar Taxes subject to be paid with reference of any Financial Document.
Charges and duties. Within 3 (three) Business Days after receiving the relevant demand of the Finance Party, the Borrower shall procure that it, as well as other Obligors, indemnify this Finance Party for all its expenses incurred due to the payment of state and stamp duties, registration charges and all other similar Taxes payable in connection with any Finance Document.
Charges and duties. LESSEE fails to pay before they are past due any (i) airport or navigation charges, fees, expenses or taxes (including NAV Canada and Eurocontrol charges), (ii) landing fees, (iii) EU ETS Authority charges or penalties or any charges or penalties in respect of aircraft emissions imposed by any Government Entity of any jurisdiction which is not a member state of the European Union or (iv) customs duties or import taxes assessed or otherwise payable with respect to the Aircraft or any aircraft operated by LESSEE (in each case unless such charges are being contested in good faith and by appropriate proceedings and such proceedings do not involve any risk of seizure, detention, interference with the use or operation, sale, forfeiture or loss of the Aircraft or the APU or any Engine or Part);
Charges and duties. Within five Business Days after receiving the relevant request of the Finance Party, the Borrower shall ensure that the Debtor reimburses this Finance Party for all its costs caused by payment of the stamp duties, registration fees, and all other similar Taxes payable in connection with any Finance Document.
Charges and duties. 11.2.1. The transmission charges (POC Injection & Withdrawal charges), transmission losses (POC Injection & Withdrawal losses), Odisha STU Charges & Losses, RLDC/SLDC charges, application/concurrence charges or any other charges covered under Open Access Regulations notified by Central/Odisha Electricity Regulatory Commission (CERC/OERC) and the procedure for Open Access stipulated by the Central/State Transmission Utility (CTU/STU) (as amended up to date) for supply of energy up to the delivery point shall be borne by the Supplier, as applicable.
11.2.2. Cross subsidy Surcharge and Electricity Duty shall be borne by the Procurer
11.2.3. The Procurer shall in no way be liable for any other charges up to delivery point except for the charges of energy delivered at delivery point on the basis of the REA/SEA data of ERPC/Odisha-SLDC as per the latest open access regulations applicable.
Charges and duties. As of the date of this Agreement, payment of any state duties or registration fees or taxes or charges in connection with the Finance Documents is not required, except for:
16.15.1 fees for notarial acts in respect of the Borrower Participatory Interest Pledge; and
16.15.2 charges and duties for registering the Pledges, including payment of stamp duty in respect of Finance Documents in Cyprus.
Charges and duties. To pay on demand to Westpac the charges agreed from time to time with respect to the instrument and all stamp, transaction and other similar duties and charges in relation to this indemnity and any transaction under it. This includes financial institutions duty and debits tax. The Applicant will also pay any fines and penalties unless they result from a failure by Westpac to lodge a document for stamping in sufficient time, having received from the Applicant the amount of stamp duty in good time.
Charges and duties a. Any charges, taxes, or duties levied due to the agreement, custody, or use of the rented object shall be paid by the lessee.