Common use of Payment of Income Taxes Clause in Contracts

Payment of Income Taxes. Company is responsible for paying when due all income taxes, including estimated taxes, incurred as a result of the compensation paid by City to Company for services rendered under this Agreement. On request, Company will provide City with proof of timely payment. Company agrees to indemnify City for any claims, costs, losses, fees, penalties, interest, or damages suffered by City resulting from Company’s failure to comply with this provision.

Payment of Income Taxes. Company is responsible for paying when due all income taxes, including estimated taxes, incurred as a result of the compensation paid by City to Company for services satisfactorily rendered under this Agreement. On request, Company will provide City with proof of timely payment. Company agrees to indemnify indemnify, defend and hold harmless City for any and all claims, costs, losses, fees, penalties, interest, or damages suffered by City damages, including court costs and reasonable attorney’s fees, resulting from Company’s failure to comply with this provision.