Common use of Licenses, Permits, Taxes and Compliance with Laws Clause in Contracts

Licenses, Permits, Taxes and Compliance with Laws. 8.01 Operator agrees to obtain, post as required, and maintain, at its expense, all permits and licenses necessary for the operation of the Store and Store Equipment including, without limiting the foregoing, all permits and licenses required for selling beer and wine, if available pursuant to applicable laws and regulations, and for signs used or installed by Operator; Operator agrees to pay promptly when due and to hold ARCO harmless from all ad valorem taxes assessed upon the Premises and all fees, and sales, use, rental, gross receipts, inventory, excise, income, business and occupation and any other taxes (including interest, penalties and additions to tax) imposed by any federal, state or local governmental authority upon Operator or ARCO (except those taxes based upon or measured by the net income of ARCO) in connection with the operation of the Store or in connection with any payments made pursuant to this Agreement. Operator agrees to pay promptly when due and to hold ARCO harmless from any taxes (including interest, penalties and additions to tax) imposed upon any property of Operator located at or used in connection with the operation of the Store. Operator agrees to pay promptly when due and to hold ARCO harmless from all sales or use taxes and other similar taxes (including interest, penalties and additions to tax) imposed upon or with respect to charges for the use of any loaned property. Operator further agrees not to do any act which may result in the suspension or revocation of any permit or license required for the operation of the Store. Operator shall furnish to ARCO, promptly upon request, any documentation, which in ARCO's sole discretion is required to evidence the payment of any tax, including but not limited to, official receipts of the appropriate taxing authorities, copies of tax returns and cancelled checks.

Appears in 4 contracts

Samples: Mini Market Agreement (Discovery Investments Inc), Market Agreement (Discovery Investments Inc), Mini Market Agreement (Discovery Investments Inc)

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