Fees and Levies Clause Samples
The 'Fees and levies' clause defines the obligations of the parties regarding the payment of any fees, charges, or government-imposed levies related to the agreement. It typically specifies which party is responsible for paying such amounts, whether they are fixed or variable, and may outline the timing and method of payment. For example, it might require the client to pay all licensing fees or the service provider to cover regulatory levies. This clause ensures clarity and prevents disputes by allocating financial responsibility for these additional costs.
Fees and Levies.
(a) Gate Fees: You will be charged the Gate Fees set out in Item 11 of the Details as a fee for the service of DFMC collecting your milk, which will be deducted from the Minimum Milk Price you receive in respect of a Month.
Fees and Levies. 9.1 The Client accepts that the Client will be subject to certain fees and levies in the acquisition, disposal or holding of, or receipt of entitlements (including cash dividend and bonus issues) from, China Connect Securities, including but not limited to fees, levies, taxes and stamp duty imposed by any China Connect Authorities or any Applicable Regulations, as prescribed by the China Connect Rules, the Applicable Regulations and/or any other regulations as stipulated by WLSL in its sole discretion from time to time.
9.2 WLSL shall not be liable for any such fees, levies, taxes and/or stamp duty payable in respect of the China Connect Securities. The Client agrees to pay and reimburse WLSL for, and expressly authorises WLSL to withhold, charge and/or deduct from the Account, any such fees, levies, taxes and/or stamp duty, which may be collected in RMB, as required by the relevant regulations.
9.3 Subject to the relevant regulations, WLSL shall be entitled to convert any currency into Hong Kong dollars, RMB and/or any other currency (if applicable) for payment of any fees and levies at such exchange rate as WLSL may from time to time in its absolute discretion deem appropriate. WLSL shall be entitled, in its sole discretion, to withhold, charge and/or deduct from the Account all costs and expenses incurred by it in effecting such conversion.
9.4 The Client agrees that WLSL has no obligation to seek or claim any reduction, relief, refund, or otherwise reclaim any amount from any China Connect Authority or from any third party service provider and has no obligation to credit any amount in respect of an amount deducted or withheld in connection with the China Connect Securities. Any amount so deducted or withheld is not refundable to the Client by WLSL or the third party service provider.
9.5 The Client agrees and acknowledges that WLSL has no obligation to gross-up, true-up, or make whole the Client for any fee, levy, tax, stamp duty, or any other liability, payment or deduction made to the Client or the Account in connection with the China Connect Securities or any Transactions relating to the China Connect Securities, the Account, or WLSL’s compliance with the relevant regulations.
Fees and Levies. The Client accepts that the Client will be subject to certain fees and levies in the acquisition, disposal or holding of, or receipt of entitlements (including cash dividend and bonus issues) from, US Listed Securities, including but not limited to fees, levies, taxes and stamp duty imposed by any US SEC or any Applicable Regulations, as prescribed by the rules governing US Listed Securities, the Applicable Regulations and/or any other regulations as stipulated by WLSL in its sole discretion from time to time.
Fees and Levies. You are liable to pay all industry fees and levies imposed by applicable law or which you have agreed to pay. five:am may deduct such fees and levies from any amount that would otherwise be payable to you in which case it will pay the amount deducted to the relevant industry body or authority. If any fee or levy is voluntary, you can direct five:am in writing to stop deducting and paying that fee or levy, which it will do within a reasonable time after receiving your direction.
Fees and Levies. Who pays levies (a) The Owner will pay all administrative fees or charges charged or levied by the Trust under subsection 13 (2) of the Act. How levies are approved (b) The Trust agrees not to charge any such fees or levy any such charges unless they are approved according to procedures stated in the by-laws. The only exception would be if 4.4 of the Governance By-law applied. Equal responsibility for levies (c) Owners, protected occupants and the co-op will pay an equal amount of levies in any year in respect of each unit. Levies means annual charges payable under section 13 (2) (b) of the Act. Unit means a house and the land leased with it, a vacant land lease or a co-op unit.
Fees and Levies