Common use of Payment of Fees and Taxes Clause in Contracts

Payment of Fees and Taxes. CUSTOMER shall pay all license fees, assessments, duties, sales, use, special use, property and other taxes imposed on the Equipment or the leasing of, either directly or by reimbursement to ISCO upon demand. CUSTOMER is responsible for any sales, use or similar taxes; unless CUSTOMER provides ISCO with satisfactory evidence that such taxes do not apply to the specific transaction. If such tax is not collected, and taxing authorities subsequently rule the transaction is taxable, then upon receiving notice, CUSTOMER shall promptly remit payment of the tax, including any applicable interest and penalty to ISCO.