OTHER PAYMENTS TO THE GOVERNMENT Sample Clauses

OTHER PAYMENTS TO THE GOVERNMENT. 26 Section 1. Import Duties and Other Payments 26 Section 2. Other Payments 27 Section 3. Mineral Development and Research Fund 27 Section 4. One-Time Payment 28 ARTICLE XXVI FINANCIAL REPORTING AND CURRENCY 28 Section 1. Accounting 28 Section 2. Exchange Control 28 Section 3. Currency of Payment 28 Section 4. Right to Remit and Receive Payments 29 Section 5. Audit 29 ARTICLE XXVII INCIDENTAL RIGHTS 30 Section 1. Use of Resources 30 Section 2. Imports 30 Section 3. Taxes on Resale 30 Section 4. Sale of Iron Ore and associated Minerals and Products 30
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OTHER PAYMENTS TO THE GOVERNMENT. 26 Section 1 Import Duties and Other Payments 26 Section 2 Payments in Lieu of Duties and Fees 26 Section 3 Other Payments 26 Section 4 Mineral Development and Research Fund 26 Section 5 Other Exemptions from Taxes and Duties 27 Section 6 Non-Application of Article XXV, Section 5 27 ARTICLE XXVI FINANCIAL REPORTING AND CURRENCY 28 Section 1 Accounting 28 Section 2 Exchange Control 28 Section 3 Currency of Payment 28 Section 4 Right to Remit and Receive Payments 29 Section 5 Audit 29 ARTICLE XXVII INCIDENTAL RIGHTS 30 Section 1 Use of Resources 30 Section 2 Imports 30 Section 3 Taxes on Resale 30 Section 4 Sale of Iron Ore and associated Minerals and Products 30
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OTHER PAYMENTS TO THE GOVERNMENT. Section 1 Import Duties and Other Payments Pursuant to the provisions of the Investment Incentive Code of Liberia, the CONCESSIONAIRE and its Associates shall pay no Taxes or Duties with respect to the import, use or purchase of goods, equipment, vehicles, machinery, heavy oil, diesel, lubricants and supplies (including medical, training and educational supplies and housing and office materials, furniture and supplies), and any other items required for and used in Operations. CONCESSIONAIRE and its Associates shall, with regard to items not used in the Operations exempt pursuant to this Article XXV, Section 1 hereof, pay import Duties and sales Taxes under Law but, without prejudice to Article XXV, Section 2, at rates no higher than those payable by any other producer of iron Ore in the Republic. Such payment shall commence five (5) years after the Effective Date of this Agreement.
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Related to OTHER PAYMENTS TO THE GOVERNMENT

  • Action to Protect the Government’s Interest 1. The Performer agrees to execute or to have executed and promptly deliver to DARPA all instruments necessary to (i) establish or confirm the rights the Government has throughout the world in those Subject Inventions to which the Performer elects to retain title, and (ii) convey title to DARPA when requested under Paragraph C of this Article and to enable the Government to obtain patent protection throughout the world in that Subject Invention.

  • Application of Payments Landlord shall have the right to apply payments received from Tenant pursuant to this Lease, regardless of Tenant’s designation of such payments, to satisfy any obligations of Tenant hereunder, in such order and amounts as Landlord, in its sole discretion, may elect.

  • Exclusion of applications on preliminary points of law Any recourse to any Court for the determination of a preliminary point of law arising in the course of the arbitration proceedings is excluded.

  • Other payments You must give your correct TIN, but you do not have to sign the certification unless you have been notified that you have previously given an incorrect TIN. “Other payments” include payments made in the course of the requester’s trade or business for rents, royalties, goods (other than bills for merchandise), medical and health care services (including payments to corporations), payments to a nonemployee for services, payments made in settlement of payment card and third party network transactions, payments to certain fishing boat crew members and fishermen, and gross proceeds paid to attorneys (including payments to corporations).

  • Application of Payments or Proceeds Except as otherwise described in this Section 2, all payments accepted and applied by Lender shall be applied in the following order of priority: (a) interest due under the Note; (b) principal due under the Note; (c) amounts due under Section 3. Such payments shall be applied to each Periodic Payment in the order in which it became due. Any remaining amounts shall be applied first to late charges, second to any other amounts due under this Security Instrument, and then to reduce the principal balance of the Note. If Lender receives a payment from Borrower for a delinquent Periodic Payment which includes a sufficient amount to pay any late charge due, the payment may be applied to the delinquent payment and the late charge. If more than one Periodic Payment is outstanding, Lender may apply any payment received from Borrower to the repayment of the Periodic Payments if, and to the extent that, each payment can be paid in full. To the extent that any excess exists after the payment is applied to the full payment of one or more Periodic Payments, such excess may be applied to any late charges due. Voluntary prepayments shall be applied first to any prepayment charges and then as described in the Note. Any application of payments, insurance proceeds, or Miscellaneous Proceeds to principal due under the Note shall not extend or postpone the due date, or change the amount, of the Periodic Payments.

  • Application of Payment The monthly housing assistance payment shall be credited against the monthly rent to owner for the contract unit.

  • Application of Proceeds The Collateral Agent shall apply the proceeds of any collection, sale, foreclosure or other realization upon any Collateral, including any Collateral consisting of cash, as follows: FIRST, to the payment of all costs and expenses incurred by the Administrative Agent or the Collateral Agent (in their respective capacities as such hereunder or under any other Loan Document) in connection with such collection, sale, foreclosure or realization or otherwise in connection with this Agreement, any other Loan Document or any of the Obligations, including all court costs and the reasonable fees and expenses of its agents and legal counsel, the repayment of all advances made by the Collateral Agent or the Administrative Agent hereunder or under any other Loan Document on behalf of any Grantor and any other costs or expenses incurred in connection with the exercise of any right or remedy hereunder or under any other Loan Document; SECOND, to the payment in full of Unfunded Advances/Participations (the amounts so applied to be distributed between or among the Administrative Agent, any Swingline Lender and any Issuing Bank pro rata in accordance with the amounts of Unfunded Advances/Participations owed to them on the date of any such distribution); THIRD, to the payment in full of all other Obligations (the amounts so applied to be distributed (subject to the first proviso to Section 3.01 and clause (B) of the first proviso to Section 4.01(a)) among the Secured Parties pro rata in accordance with the amounts of the Obligations owed to them on the date of any such distribution); and FOURTH, to the Grantors, their successors or assigns, or as a court of competent jurisdiction may otherwise direct. The Collateral Agent shall have absolute discretion as to the time of application of any such proceeds, moneys or balances in accordance with this Agreement. Upon any sale of Collateral by the Collateral Agent (including pursuant to a power of sale granted by statute or under a judicial proceeding), the receipt of the Collateral Agent or of the officer making the sale shall be a sufficient discharge to the purchaser or purchasers of the Collateral so sold and such purchaser or purchasers shall not be obligated to see to the application of any part of the purchase money paid over to the Collateral Agent or such officer or be answerable in any way for the misapplication thereof.

  • Performance of Government Functions Nothing contained in this contract shall be deemed or construed so as to in any way estop, limit, or impair the City from exercising or performing any regulatory, policing, legislative, governmental, or other powers or functions.

  • ALLOCATION OF PAYMENTS The Assignor and the Assignee agree that (i) the Assignor shall be entitled to any payments of principal with respect to the Assigned Interest made prior to the Assignment Date, together with any interest and fees with respect to the Assigned Interest accrued prior to the Assignment Date, (ii) the Assignee shall be entitled to any payments of principal with respect to the Assigned Interest made from and after the Assignment Date, together with any and all interest and fees with respect to the Assigned Interest accruing from and after the Assignment Date, and (iii) the Agent is authorized and instructed to allocate payments received by it for account of the Assignor and the Assignee as provided in the foregoing clauses. Each party hereto agrees that it will hold any interest, fees or other amounts that it may receive to which the other party hereto shall be entitled pursuant to the preceding sentence for account of such other party and pay, in like money and funds, any such amounts that it may receive to such other party promptly upon receipt.

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