Common use of Investor Domiciled Abroad Clause in Contracts

Investor Domiciled Abroad. In the event that the Investor is not domiciled in Montenegro, Investor may appoint a permanent representative in Montenegro.The permanent representative to be appointed by the Investor shall be liable against the tax authorities for the Tax Liabilities that can be accrued on the revenue earned by the Investor from the Financial Instruments traded within the framework of this Agreement. However, in case the permanent representative fails to fulfill his/her tax liability, the Investor shall be obliged to meet all tax liabilities irrevocably; hence the Investor agrees and declares in advance that any tax to be collected from RSI Global Investment firm regarding the Investor accounts shall be appropriated from his/her accounts.

Appears in 2 contracts

Samples: Framework Agreement, Framework Agreement

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Investor Domiciled Abroad. In the event that the Investor is not domiciled in Montenegro, Investor may appoint a permanent representative in Montenegro.. The permanent representative to be appointed by the Investor shall be liable against the tax authorities for the Tax Liabilities that can be accrued on the revenue earned by the Investor from the Financial Instruments traded within the framework of this Agreement. However, in case the permanent representative fails to fulfill his/her tax liability, the Investor shall be obliged to meet all tax liabilities irrevocably; hence the Investor agrees and declares in advance that any tax to be collected from RSI Global Investment firm Finveo regarding the Investor accounts shall be appropriated from his/her accounts.

Appears in 1 contract

Samples: www.finveo.mn

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Investor Domiciled Abroad. In the event that the Investor is not domiciled in Montenegro, Investor may appoint a permanent apermanent representative in Montenegro.. The permanent representative to be appointed by the bythe Investor shall be liable against the tax authorities for the Tax Liabilities that can be accrued beaccrued on the revenue earned by the Investor from the Financial Instruments traded within the framework of this Agreement. However, in case the permanent representative fails to fulfill his/her tax liability, the Investor shall be obliged to meet all tax liabilities irrevocably; hence irrevocably;hence the Investor agrees and declares in advance that any tax to be collected from RSI Global Investment firm regarding Finveoregarding the Investor accounts shall be appropriated from his/her accounts.

Appears in 1 contract

Samples: www.finveo.mn

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