Expenses and Taxation Sample Clauses
The Expenses and Taxation clause defines how costs and tax liabilities related to the agreement are allocated between the parties. Typically, it specifies which party is responsible for paying their own expenses, such as legal fees, filing costs, or other charges incurred during the negotiation and execution of the contract, and clarifies who bears any applicable taxes arising from the transaction. This clause ensures transparency and prevents disputes by clearly outlining financial responsibilities, thereby reducing the risk of unexpected costs or misunderstandings.
Expenses and Taxation. 7.1 The parties shall pay their respective expenses, costs and fees in connection with the preparation, signing and implementation of this Agreement.
7.2 The parties shall be liable for the payment of any payable taxes arising from the Proposed Change in accordance with this Agreement. The parties shall be liable for the payment of stamp duty (if applicable) payable in connection with the originals of this Agreement held by them.
Expenses and Taxation. 6.5.1 The Academy of Science and CNC BVI shall share the equity transfer expenses, such as approval and registration expenses that are required to be paid and charged by governmental regulatory authorities in accordance with relevant laws and regulation.
6.5.2 The taxes to be collected separately from each party in accordance with laws and regulations shall be assumed by the taxpayer.
Expenses and Taxation. A holder of Securities must pay all taxes, duties and/or expenses, arising from Governing Law: English Law The Notes This Base Prospectus and any Final Terms will only be valid for issuing and,
Expenses and Taxation. Except as otherwise expressly provided herein, the Vendor and the Purchaser respectively shall each themselves pay and be responsible for all costs and expenses (including, but not limited to legal, fiscal and auditing (advice) costs) incurred by them in the negotiation and preparation of this Agreement and in or as a consequence of completing and carrying out the transaction contemplated hereby. It is being understood that the abovementioned costs and expenses cannot be deducted from the results of the Business.
Expenses and Taxation. 6.1. All Taxes generated from the completion of this Transaction and payable by one Party shall be borne by such Party as required under the applicable Laws, and such Party shall promptly submit to the competent tax authorities any tax declarations, reports and other documents in relation to the Taxes and as required under the applicable Laws. Under no circumstances shall Party B be held liable for any tax obligations (including income tax and stamp duty) of Party A and the Strategic Investors arising from the completion of this Transaction. Party B shall withhold from the Transaction Price and pay the relevant Taxes on behalf of Party A and the Strategic Investors in accordance with the applicable Laws.
6.2. Unless otherwise specified in this Agreement or other Transaction Documents, the Parties shall bear their own transaction costs.
Expenses and Taxation. 6.5.1 The INC-SARFT and CNC BVI shall share the equity transfer expenses, such as approval and registration expenses that are required to be paid and charged by governmental regulatory authorities in accordance with relevant laws and regulation.
6.5.2 The taxes to be collected separately from each party in accordance with laws and regulations shall be assumed by the taxpayer.
Expenses and Taxation. The parties hereto shall pay their respective taxes arising in connection with the Asset Transfer in accordance with the requirements under the laws, regulations and regulatory documents of the PRC. All expenses incurred as a result of the negotiation, preparation and implementation of this Agreement shall also be borne by the respective parties.
Expenses and Taxation. 11.5.1 Each party shall share equally the equity transfer expenses, such as approval and registration expenses that required to be paid and charged by governmental regulatory authorities in accordance with relevant laws and regulation.
11.5.2 The taxes to be collected individually from each party in accordance with laws and regulations shall be assumed by the taxpayer against whom the taxes are levied.
Expenses and Taxation. 6.5.1 The Shanghai Alliance and CNC BVI shall share the equity transfer expenses, such as approval and registration expenses that required to be paid and charged by governmental regulatory authorities in accordance with relevant laws and regulation.
6.5.2 The taxes to be collected separately from each party in accordance with laws and regulations shall be assumed by the taxpayer.
Expenses and Taxation. 11.5.1 Each party shall share equally the expenses arising out of the transfer of Shandong Rural Telecommunication Asset, such as approval and registration expenses that required to be paid and charged by governmental regulatory authorities in accordance with relevant laws and regulation.
11.5.2 The taxes arising out of the transfer of Shandong Rural Telecommunication Asset and the stipulations of Section 3, which are to be collected individually from each party in accordance with laws and regulations, shall be assumed by the taxpayer against whom the taxes are levied.