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Common use of Joint Levy Clause in Contracts

Joint Levy. If interpretation or enforcement of the Contract by the Government imposes joint and several liability on the Parties for any levy, charge or tax, the Parties agree to cross indemnify each other to the extent that such levy, charge or tax, is owed by one Party individually.

Appears in 4 contracts

Samples: Joint Operating Agreement (Bontan Corp Inc), Joint Operating Agreement (Bontan Corp Inc), Joint Operating Agreement (Geoglobal Resources Inc.)

Joint Levy. If interpretation or enforcement of the Contract by the Government imposes joint and several liability on the Parties for any levy, charge or tax, the Parties agree to cross indemnify each other to the extent that such levy, charge or tax, tax is owed by one Party individually.

Appears in 4 contracts

Samples: Farmout Agreement, Farmout Agreement, Farm Out Agreement (La Cortez Energy, Inc.)

Joint Levy. If interpretation or enforcement of the Contract License by the Government imposes joint and several liability on the Parties for any levy, charge or tax, the Parties agree to cross indemnify each other to the extent that such levy, charge or tax, tax is owed by one Party individually.

Appears in 1 contract

Samples: Farmout Agreement (Avenue Group Inc)

Joint Levy. If interpretation or enforcement of the Contract Lease by the Government imposes joint and several liability on the Parties for any levy, charge or tax, the Parties agree to cross indemnify each other to the extent that such levy, charge or tax, tax is owed by one Party individually.

Appears in 1 contract

Samples: Participation Agreement (Syntroleum Corp)

Joint Levy. If interpretation or enforcement of the License Contract by the Government imposes joint and several liability on the Parties for any levy, charge or tax, the Parties agree to cross indemnify each other to the extent that such levy, charge or tax, tax is owed by one Party individually.

Appears in 1 contract

Samples: Farmout Agreement (Gulf United Energy, Inc.)

Joint Levy. If interpretation or enforcement of the Contract Licence by the Government imposes joint and several liability on the Parties for any levy, charge or tax, the Parties agree to cross indemnify each other to the extent that such levy, charge or tax, tax is owed by one Party individually.

Appears in 1 contract

Samples: Farmout Agreement (Discovery Energy Corp.)