Insurance Expense: Taxes. Client shall pay directly the cost of the insurance coverage required to be maintained by Client under Section 9. Client shall be responsible for the payment of any Federal, state, local or other governmental taxes, charges or assessments imposed in connection with this Agreement, other than income or franchise taxes imposed on MSG, and shall reimburse MSG for any such tax, charge or assessment which is imposed on it by any governmental agency. Client shall be responsible to MSG for one hundred percent (100%) of any IRC Section 4261 Federal Transportation Excise Taxes (including any penalties or interest) if imposed by the Internal Revenue Service with respect to any services provided or payments made under this Agreement. The provisions of this Section 8.2 will survive the termination or expiration of this Agreement.
Appears in 4 contracts
Samples: Aircraft Support Services Agreement (MSG Entertainment Spinco, Inc.), Aircraft Support Services Agreement (MSG Entertainment Spinco, Inc.), Aircraft Support Services Agreement (Madison Square Garden Co)
