Common use of CO2 Taxes Clause in Contracts

CO2 Taxes. Subject to the provisions of Section 17.3, Shipper shall have sole responsibility for its pro rata share of any tax, fee, cost, assessment or similar penalty arising from or related to carbon dioxide or other greenhouse gas emissions (including but not limited to nitrous oxide, hydroflourocarbons, perflourocarbons and sulfur hexafluoride) from the treatment and processing of Shipper’s Gas necessary to comply with the specifications of Interconnecting Pipelines (“CO2 Tax”) which may be enacted or imposed in any legislation or regulation after the Effective Date. Shipper hereby agrees to indemnify, defend and hold harmless Gatherer from and against any and all Losses arising out of or related to any CO2 Tax except as provided herein. Provided however that in no event shall Shipper be responsible for any CO2 Tax that (i) is attributable to non Shipper Gas; (ii) is passed through by Gatherer by any other means to other third party shippers; (iii) is attributable to Gatherer removing CO2 that is beyond the amounts necessary to allow Shipper’s Gas to comply with the applicable specifications of the Interconnecting Pipelines nominated by Shipper; or (iv) is attributable to any tax, fee, cost, assessment or similar penalty (excluding the CO2 Tax) arising from or related to carbon dioxide or other greenhouse gas emissions generated by the Magnolia Gathering System in providing the Gathering services contemplated herein.

CO2 Taxes. Subject to the provisions of Section 17.3, Shipper shall have sole responsibility for its pro rata share of any tax, fee, cost, assessment or similar penalty arising from or related to carbon dioxide or other greenhouse gas emissions (including but not limited to nitrous oxide, hydroflourocarbons, perflourocarbons and sulfur hexafluoride) from the treatment and processing of Shipper’s Gas necessary to comply with the specifications of Interconnecting Pipelines (“CO2 Tax”) which may be enacted or imposed in any legislation or regulation after the Effective Date. Shipper hereby agrees to indemnify, defend and hold harmless Gatherer from and against any and all Losses arising out of or related to any CO2 Tax except as provided herein. Provided however that in no event shall Shipper be responsible for any CO2 Tax that (i) is attributable to non non-Shipper Gas; (ii) is passed through by Gatherer by any other means to other third party shippers; , (iii) is attributable to Gatherer removing CO2 that is beyond the amounts necessary to allow Shipper’s Gas to comply with the applicable specifications of the Interconnecting Pipelines nominated by Shipper; or (iv) is attributable to any tax, fee, cost, assessment or similar penalty (excluding the CO2 Tax) arising from or related to carbon dioxide or other greenhouse gas emissions generated by the Magnolia Olympia Gathering System in providing the Gathering services contemplated herein.