Common use of Liability for Uncollected Tax, Interest and Penalty Clause in Contracts

Liability for Uncollected Tax, Interest and Penalty. 41.5.1 If the Providing Party has not received an exemption certificate from the Purchasing Party and the Providing Party fails to xxxx the Purchasing Party for any Tax as required by Section 41.1, then, as between the Providing Party and the Purchasing Party, (a) the Purchasing Party shall remain liable for such unbilled Tax and any interest assessed thereon and (b) the Providing Party shall be liable for any penalty assessed with respect to such unbilled Tax by a taxing authority.

Appears in 61 contracts

Samples: Agreement, Extended and Restated Agreement, Extended and Restated Agreement

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Liability for Uncollected Tax, Interest and Penalty. 41.5.1 If the Providing Party has not received an exemption certificate from the Purchasing Party and the Providing Party fails to xxxx bill the Purchasing Party for any Tax as required by Section 41.1, then, as between the Providing Party and the Purchasing Party, (a) the Purchasing Party shall remain liable for such unbilled Tax and any interest assessed thereon and (b) the Providing Party shall be liable for any penalty assessed with respect to such unbilled Tax by a taxing authority.

Appears in 60 contracts

Samples: Agreement, Agreement, Agreement

Liability for Uncollected Tax, Interest and Penalty. 41.5.1 If the Providing Party has not received an exemption certificate or other appropriate exemption documentation from the Purchasing Party and the Providing Party fails to xxxx the Purchasing Party for any Tax as required by Section 41.1, then, as between the Providing Party and the Purchasing Party, (a) the Purchasing Party shall remain liable for such unbilled Tax and any interest assessed thereon and (b) the Providing Party shall be liable for any penalty assessed with respect to such unbilled Tax by a taxing authority.

Appears in 8 contracts

Samples: Agreement, Agreement, Agreement

Liability for Uncollected Tax, Interest and Penalty. 41.5.1 43.5.1 If the Providing Party has not received an exemption certificate from the Purchasing Party and the Providing Party fails to xxxx bill the Purchasing Party for any Tax as required by Section 41.143, then, as between the Providing Party and the Purchasing Party, (a) the Purchasing Party shall remain liable for such unbilled Tax and any interest assessed thereon and (b) the Providing Party shall be liable for any penalty assessed with respect to such unbilled Tax by a taxing authority.

Appears in 6 contracts

Samples: Agreement, Agreement, Agreement

Liability for Uncollected Tax, Interest and Penalty. 41.5.1 44.5.1 If the Providing Party has not received an exemption certificate from the Purchasing Party and the Providing Party fails to xxxx bill the Purchasing Party for any Tax as required by Section 41.144, then, as between the Providing Party and the Purchasing Party, (a) the Purchasing Party shall remain liable for such unbilled Tax and any interest assessed thereon and (b) the Providing Party shall be liable for any penalty assessed with respect to such unbilled Tax by a taxing authority.

Appears in 4 contracts

Samples: Agreement, Agreement, Agreement

Liability for Uncollected Tax, Interest and Penalty. 41.5.1 42.5.1 If the Providing Party has not received an exemption certificate from the Purchasing Party and the Providing Party fails to xxxx bill the Purchasing Party for any Tax as required by Section 41.142.1, then, as between the Providing Party and the Purchasing Party, (a) the Purchasing Party shall remain liable for such unbilled Tax and any interest assessed thereon and (b) the Providing Party shall be liable for any penalty assessed with respect to such unbilled Tax by a taxing authority.

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement

Liability for Uncollected Tax, Interest and Penalty. 41.5.1 43.5.1 If the Providing Party has not received an exemption certificate from the Purchasing Party and the Providing Party fails to xxxx bill the Purchasing Party for any Tax as required by Section 41.143.1, then, as between the Providing Party and the Purchasing Party, (a) the Purchasing Party shall remain liable for such unbilled Tax and any interest assessed thereon and (b) the Providing Party shall be liable for any penalty assessed with respect to such unbilled Tax by a taxing authority.

Appears in 2 contracts

Samples: Agreement, Agreement

Liability for Uncollected Tax, Interest and Penalty. 41.5.1 39.5.1 If the Providing Party has not received an exemption certificate or other appropriate exemption documentation from the Purchasing Party and the Providing Party fails to xxxx bill the Purchasing Party for any Tax as required by Section 41.1, then, as between the Providing Party and the Purchasing Party, (a) the Purchasing Party shall remain liable for such unbilled Tax and any interest assessed thereon and (b) the Providing Party shall be liable for any penalty assessed with respect to such unbilled Tax by a taxing authority.

Appears in 2 contracts

Samples: Interconnection Agreement, Interconnection Agreement

Liability for Uncollected Tax, Interest and Penalty. 41.5.1 44.5.1 If the Providing Party has not received an exemption certificate from the Purchasing Party and the Providing Party fails to xxxx the Purchasing Party for any Tax as required by Section 41.144, then, as between the Providing Party and the Purchasing Party, (a) the Purchasing Party shall remain liable for such unbilled Tax and any interest assessed thereon and (b) the Providing Party shall be liable for any penalty assessed with respect to such unbilled Tax by a taxing authority.

Appears in 2 contracts

Samples: Agreement, Agreement

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Liability for Uncollected Tax, Interest and Penalty. 41.5.1 43.5.1 If the Providing Party has not received an exemption certificate from the Purchasing Party and the Providing Party fails to xxxx the Purchasing Party for any Tax as required by Section 41.143, then, as between the Providing Party and the Purchasing Party, (a) the Purchasing Party shall remain liable for such unbilled Tax and any interest assessed thereon and (b) the Providing Party shall be liable for any penalty assessed with respect to such unbilled Tax by a taxing authority.

Appears in 2 contracts

Samples: Agreement, Agreement

Liability for Uncollected Tax, Interest and Penalty. 41.5.1 35.5.1 If the Providing Party has not received an exemption certificate from the Purchasing Party and the Providing Party fails to xxxx the Purchasing Party for any Tax as required by Section 41.135.1, then, as between the Providing Party and the Purchasing Party, (a) the Purchasing Party shall remain liable for such unbilled Tax and any interest assessed thereon and (b) the Providing Party shall be liable for any penalty assessed with respect to such unbilled Tax by a taxing authority.

Appears in 1 contract

Samples: Exchange Agreement

Liability for Uncollected Tax, Interest and Penalty. 41.5.1 42.5.1 If the Providing Party has not received an exemption certificate from the Purchasing Party and the Providing Party fails to xxxx the Purchasing Party for any Tax as required by Section 41.142.1, then, as between the Providing Party and the Purchasing Party, (a) the Purchasing Party shall remain liable for such unbilled Tax and any interest assessed thereon and (b) the Providing Party shall be liable for any penalty assessed with respect to such unbilled Tax by a taxing authority.

Appears in 1 contract

Samples: Agreement

Liability for Uncollected Tax, Interest and Penalty. 41.5.1 If the Providing Party has not received an exemption certificate or other appropriate exemption documentation from the Purchasing Party and the Providing Party fails to xxxx bill the Purchasing Party for any Tax as required by Section 41.1, then, as between the Providing Party and the Purchasing Party, (a) the Purchasing Party shall remain liable for such unbilled Tax and any interest assessed thereon and (b) the Providing Party shall be liable for any penalty assessed with respect to such unbilled Tax by a taxing authority.

Appears in 1 contract

Samples: Agreement

Liability for Uncollected Tax, Interest and Penalty. 41.5.1 If the Providing providing Party has not received an exemption certificate from the Purchasing Party and the Providing Party fails to xxxx the Purchasing Party for collect any Tax as required by Section 41.140.1, then, as between the Providing Party and the Purchasing Party, then (a) the Purchasing purchasing Party shall remain liable for such unbilled uncollected Tax and (b) the providing Party shall be liable for any interest assessed thereon and (b) the Providing Party shall be liable for any penalty assessed with respect to such unbilled uncollected Tax by a taxing such authority.

Appears in 1 contract

Samples: Interconnection Agreement

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