Income and Non-Resident Withholding Taxes — Reimbursements, System Services Costs, and Other Payments Sample Clauses

Income and Non-Resident Withholding Taxes — Reimbursements, System Services Costs, and Other Payments. Owner shall be responsible for any income and non-resident withholding taxes imposed under Applicable Law (or any equivalent provision under applicable local law) upon any reimbursements, Key Money, System Services Costs, and any other payments, credits, cash flows, or other transfers (other than the Hotel Services Fees) (collectively, the “Reimbursements”) payable to Hyatt or any Hyatt Affiliate or payable from Hyatt or any Hyatt Affiliate pursuant to this Agreement. Accordingly, in respect of such taxes: (A) Owner will timely file and remit such income and non-resident withholding taxes to the proper tax authority under Applicable Law (or any equivalent provision under applicable local law); and (B) where the income and non-resident withholding tax is applicable to Reimbursements due or payable by Owner to Hyatt or any applicable Hyatt Affiliate, then Owner shall pay to Hyatt or any Hyatt Affiliate the full amount of the Reimbursements without reduction for any income and non-resident withholding tax. Hyatt or any applicable Hyatt Affiliate will apply for and/or provide any relevant exemption certificate, waivers, or other documentation that will reduce or eliminate any applicable income and non-resident withholding taxes, unless Hyatt or any applicable Hyatt Affiliate is not legally able to do so. If Hyatt or any applicable Hyatt Affiliate is entitled to a refund of income and non-resident withholding tax that was paid by Owner pursuant to Section 9.2(d), then Hyatt or any applicable Hyatt Affiliate will reasonably cooperate with Owner to obtain a refund of such tax and will pay the refunded amount to Owner less any expenses or costs incurred to secure such refund.
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Related to Income and Non-Resident Withholding Taxes — Reimbursements, System Services Costs, and Other Payments

  • Payment of Transfer Taxes, Fees and Other Expenses The Company agrees to pay any and all original issue taxes and stock transfer taxes that may be imposed on the issuance of shares received by an Employee in connection with the Restricted Stock Units, together with any and all other fees and expenses necessarily incurred by the Company in connection therewith.

  • Payment of Taxes, Insurance and Other Charges; Collections Thereunder With respect to each Mortgage Loan, the Seller shall maintain accurate records reflecting the status of ground rents, taxes, assessments and other charges which are or may become a lien upon the Mortgaged Property and the status of premiums for Primary Mortgage Insurance Policies and fire and hazard insurance coverage and shall obtain, from time to time, all bills for the payment of such charges (including renewal premiums) and shall effect payment thereof prior to the applicable penalty or termination date and at a time appropriate for securing maximum discounts allowable, employing for such purpose deposits of the Mortgagor in the Escrow Account which shall have been estimated and accumulated by the Seller in amounts sufficient for such purposes, as allowed under the terms of the Mortgage. To the extent that a Mortgage does not provide for Escrow Payments, the Seller shall determine that any such payments are made by the Mortgagor. The Seller assumes full responsibility for the timely payment of all such bills and shall effect timely payments of all such bills irrespective of each Mortgagor’s faithful performance in the payment of same or the making of the Escrow Payments and shall make Servicing Advances to effect such payments, subject to its ability to recover such Servicing Advances pursuant to Subsections 11.05(c), 11.05(d) and 11.07(b). No costs incurred by the Seller or subservicers in effecting the payment of ground rents, taxes, assessments and other charges on the Mortgaged Properties or mortgage or hazard insurance premiums shall, for the purpose of calculating remittances to the Purchaser, be added to the amount owing under the related Mortgage Loans, notwithstanding that the terms of such Mortgage Loans so permit.

  • Withholding of Taxes and Other Employee Deductions Company may withhold from any benefits and payments made pursuant to this Agreement all federal, state, city and other taxes as may be required pursuant to any law or governmental regulation or ruling and all other normal employee deductions made with respect to Company’s employees generally.

  • Fees, Expenses and Other Payments (a) Except as otherwise provided in this Section 7.3, whether or not the Merger is consummated, all costs and expenses incurred in connection with this Agreement and the transactions contemplated hereby (including, without limitation, fees and disbursements of counsel, financial advisors and accountants) shall be borne solely and entirely by the party which has incurred such costs and expenses (with respect to such party, its "Expenses").

  • Termination Costs Concurrently with the exchange of final reports pursuant to Articles 4.2 and 5.2, PHS shall submit to the Collaborator for payment a statement of all costs incurred prior to the date of termination and for all reasonable termination costs including the cost of returning Collaborator property or removal of abandoned property, for which Collaborator shall be responsible.

  • Reimbursement of Travel Expenses If the Servicer provides access to the Review Materials at one of its properties, the Issuer will reimburse the Asset Representations Reviewer for its reasonable travel expenses incurred in connection with the Review on receipt of a detailed invoice.

  • Expense Reimbursement and Other Benefits (a) During the term of Executive’s employment hereunder, pursuant to Applica’s Travel and Expense Policy and upon the submission of proper substantiation by the Executive, including copies of all relevant invoices, receipts or other evidence reasonably requested by Applica, Applica shall reimburse the Executive for all reasonable expenses actually paid or incurred by the Executive in the course of and pursuant to the business of Applica or any Affiliates.

  • Withholding Taxes and Other Deductions To the extent required by law, the Company shall withhold from any payments due Executive under this Agreement any applicable federal, state or local taxes and such other deductions as are prescribed by law or Company policy.

  • Fees, Expenses and Reimbursement (a) So long as the Administrator provides Administrative Services to the Company, it shall be entitled to receive reasonable and customary fees for such services as well as out-of-pocket expenses as may be agreed to by the Administrator and the Company pursuant to a separate written agreement.

  • Taxes and Other Payments 7.1. Unless otherwise specifically provided for in this Agreement, the Company shall not be liable for the payment of taxes or other payments for which the Employee is responsible as result of this Agreement or any other legal provision, and the Employee shall be personally liable for such taxes and other payments.

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