Common use of Fees, Charges, Duties and Taxes Clause in Contracts

Fees, Charges, Duties and Taxes. 2.5.1. It has been agreed between the Parties that processing fees, administrative fees, charges towards issuance of duplicate statements, cheque bouncing charges, late payment charges and all such other charges as are specified in the Schedule hereunder written shall be payable on the sanctioned Facility amount by the Borrower. Further, it has been agreed that all taxes and duties including service tax are to be borne by the Borrower. The Borrower shall also bear and pay all costs and expenses (including legal costs between legal counsel and Bank) on a full indemnity basis incurred and or to be incurred by the Bank for investigation of title to any Property offered as security and for the preparation, execution, preservation, performance, enforcement and realization of the Borrower’s Dues, Transaction Documents and other instruments creating and/or evidencing the creation of any Security for the Facility as also any other instruments required in connection with the Facility.

Fees, Charges, Duties and Taxes. 2.5.1. 2.5.2 It has been agreed between the Parties that processing fees, administrative fees, charges towards issuance of duplicate statements, cheque bouncing charges, late payment charges and all such other charges as are specified in the Schedule hereunder written shall be payable on the sanctioned Facility amount by the Borrower. Further, it has been agreed that all taxes and duties including service tax are to be borne by the Borrower. The Borrower shall also bear and pay all costs and expenses (including legal costs between legal counsel and Bank) on a full indemnity basis incurred and or to be incurred by the Bank for investigation of title to any Property offered as security and for the preparation, execution, preservation, performance, enforcement and realization of the Borrower’s Dues, Transaction Documents and other instruments creating and/or evidencing the creation of any Security for the Facility as also any other instruments required in connection with the Facility.

Fees, Charges, Duties and Taxes. 2.5.1. 2.6.1 It has been agreed between the Parties that processing fees, administrative fees, charges towards issuance of duplicate statements, cheque bouncing charges, late payment charges and all such other charges as are specified in the Schedule hereunder written shall be payable on the sanctioned Facility amount by the Borrower. Further, it has been agreed that all taxes and duties including service tax are to be borne by the Borrower. The Borrower shall also bear and pay all costs and expenses (including legal costs between legal counsel and Bank) on a full indemnity basis incurred and or to be incurred by the Bank for investigation of title to any Property offered as security and for the preparation, execution, preservation, performance, enforcement and realization of the Borrower’s Dues, Transaction Documents and other instruments creating and/or evidencing the creation of any Security for the Facility as also any other instruments required in connection with the Facility.