Costs and Taxes. Each Party shall bear its own costs and taxes arising out of the negotiation, preparation and execution of this Agreement.
Costs and Taxes. 6.1 The provision of Services and the performing of both trading and non-trading operations under the Agreement is subject to the payment of charges to the Company (the “Costs”). Costs to the Company are set out in the Company’s Website and/or on the Client’s Personal Area and/or are communicated to the Client through other means. Costs related to trading operations under the Agreement, may be charged at the opening and/or during the lifetime and/or upon the closing of such trading operations.
6.2 When placing Orders in CFDs, the related Costs may appear relative to the value of the CFD, therefore the Client has the responsibility to understand how Costs are calculated in this case.
6.3 The Company may vary its Costs from time to time. The Company will send a Written Notice to the Client informing of any changes before they come into effect and the latter shall be free to dissolve the contract immediately. In the event that such change is based on a change in interest rates or tax treatment or where there is a valid reason, the Company shall have the right to amend it without prior notice to the Client provided that the Company shall inform the Client at the earliest opportunity and that the latter is free to dissolve the contract immediately.
6.4 When providing a Service to a Client, the Company may pay or receive fees,commissions or other monetary or non-monetary benefits to, or from third parties as far as permissible under Applicable Regulations. The Company will provide information on such benefits to the Client if required under Applicable Regulations.
6.5 The Company will not act as tax agent for the Client. The Client shall be solely responsible for all filings, tax returns and reports on any Transactions which should be made to any relevant authority, whether governmental or otherwise, and for payment of all taxes (including but not limited to any transfer or value added taxes), arising out of or in connection with any Transaction.
6.6 The Client undertakes to pay all stamp expenses relating to this Agreement and any documentation which may be required for the carrying out of the transactions under this Agreement.
6.7 The Company may charge the Client for carrying out operations to pay in/withdraw funds. The amount of charge for paying in/ withdrawal of funds depends on factors such as the transaction sum, the type of transaction, the transaction currency, the system of payment etc.
6.8 The Trading Commission and/or the Spreads and/or any other ap...
Costs and Taxes. 11.1 The Company shall have the right to require the Grantee to remit to the Company, prior to the delivery of any certificates evidencing Common Shares acquired upon exercise of an Option, an amount sufficient to satisfy any applicable income tax, capital gains tax, social security contributions or other tax charge or duty (the Tax Liabilities) which may be assessed or chargeable in connection with the grant or exercise of the Options. In addition, prior to the Company’s determination of such Tax Liabilities, the Grantee may make an irrevocable election to satisfy, in whole or in part, such obligation to remit taxes, by directing the Company to cause Common Shares to be withheld (but not in excess of a rate that the Company determines is necessary to avoid unfavorable accounting treatment) that would otherwise be received by such Grantee. Such election may be denied by the Board at its discretion, or may be made subject to certain conditions specified by the Board, including, without limitation, conditions intended to avoid the imposition of liability against the individual under applicable laws. The Grantee shall indemnify the Company and any other member of the Group in respect of any Tax Liabilities payable in respect of the Options and for which the Company or any other member of the Group is liable whether pursuant to any withholding obligations or otherwise.
11.2 Except as provided for in Clause 11.1, the Grantee is responsible for:
(a) the cost of opening an account at the Securities Company (as defined in Clause 12.1 below);
(b) the relevant charges payable in connection with any money transfers;
(c) all other charges of the Appointed Bank and/or Securities Company which may be imposed from time to time; and
(d) all other expenses that are imposed on the exercise of Options.
11.3 The Company shall have the right to require the Grantee to remit to the Company an amount sufficient to satisfy any such costs and expenses prior to the delivery of any certificate evidencing Common Shares acquired upon exercise of an Option. Such amount may be satisfied by directing the Company to withhold Common Shares in the manner set forth in Clause 11.1.
Costs and Taxes a. Upon execution of this Agreement and with each delivery of the Purchase Price as set forth in 1.1, the Company is not responsible for any legal fees incurred by the Subscriber in relation to the Subscriber's review, entry into or execution of this Agreement.
b. The Company shall pay any and all stamp, or other similar taxes payable or determined to be payable in connection with the execution and delivery of this Agreement, the issuance of any securities and the other instruments and documents to be delivered hereunder, and agrees to hold the Subscriber harmless from and against any and all liabilities with respect to or resulting from any delay in paying or omission to pay such taxes.
Costs and Taxes. Stamp duty payable in connection with the Acquisition under this Agreement shall be borne by the Seller and the Buyer in equal shares. Except as otherwise provided in this Agreement, each Party shall be responsible for its own Tax liabilities and other costs arising from the Acquisition contemplated in this Agreement.
Costs and Taxes. 6.1 The provision of Services and the performing of
Costs and Taxes. 23.1 The Customer shall bear the stamp duty on this Agreement.
23.2 Any costs incurred in relation to preparation and legal review of this Agreement shall be borne by REDtone and the Customer respectively.
23.3 The Customer shall bear all government taxes, levies and other costs imposed by law in relation to the provision of the Service by REDtone. Goods and Services tax ("GST") is applicable to services or equipment provided by REDtone under this Agreement, REDtone is entitled to charge the service tax or GST payable to the government on the Service and/or any REDtone services or equipment supplied to the Customer and these taxes shall be added to the bills issued to the Customer.
23.4 In the context of GST stated in Clause 23.3 hereinabove, REDtone shall:
(a) provide to the Customer information that may be reasonably required to establish the liability for GST;
(b) provide a tax invoice as may be required by the Customer to enable the Customer to claim an input tax credit under the law applicable to GST; and
(c) where a taxable supply has been made and consideration charged but the applicable GST has not been charged, the increase in the consideration required by clause 23.2 shall be paid by the Customer.
23.5 If the fees, charges, damages or any other monies due under this Agreement by the Customer to REDtone is to be recovered through any process of law or if the said monies or any part thereof shall be placed in the hands of solicitors for collection, the Customer shall pay (in addition to the said monies) REDtone solicitors fees and any other fees or expenses incurred in respect of such collection as may be determined by the court of law.
Costs and Taxes. 14.1 The Buyer shall bear any notary and court fees related to this Agreement and its performance as well as the property acquisition tax, to the extent that this Agreement does not contain provisions to the contrary. The costs of representation (authorisations, permits, etc.) and counsel shall be borne by each Party individually. The costs for the procurement of declarations made personally or promised incurred by a Party shall be borne by such Party, the costs for the discharge of encumbrances on the sold property shall be borne by the Seller. The costs and fees for any lessee’s easement that may have to be registered under Sec. 12.1 shall be borne by the Seller.
14.2 Should one of the Parties exercise a rescission right provided for by law or by contract and should this be the fault of the other Party, all costs, including reversal costs, shall be borne by the Party responsible for the grounds of rescission. The Buyer shall in any case be responsible for the failure to make payment.
Costs and Taxes. 14.1 The Parties will bear the costs and taxes derived from negotiating, formalizing and executing this Agreement, as follows:
(i) All the expenses and costs incurred and directly related to the Offer shall be borne by the Bidder Parties.
(ii) The Selling Stockholder shall not bear any of the fees of advisors, auditors and other professionals contracted by the Bidder Parties or the Company.
(iii) Taxes resulting from formalizing and executing this Agreement, if any, will be borne, in each case, in accordance with applicable Law.
Costs and Taxes. 21.1 The costs incurred at this or at a later time as a consequence of the notarisation of this Spin-off Agreement and of its implementation are borne by the Acquiring Entity. Each party bears its own costs for the General Meeting or its respective shareholders' meeting, as well as the costs for filing and registration with its commercial register. These provisions also apply if the Spin-off does not take effect.
21.2 The Transferring Entity and the Acquiring Entity expect that the Spin-off will not result in any value added tax. If, contrary thereto, the Spin-off does result in value added tax, the Acquiring Entity must reimburse such tax to the Transferring Entity upon submission of a proper invoice.
