Common use of PAYMENT OF LEVIES AND TAXES Clause in Contracts

PAYMENT OF LEVIES AND TAXES. Lessee, in the exercise of any of the rights granted to Lessee under this Lease, specifically and irrevocably agrees: A. To pay all contributions, levies, taxes, or other sums, by whatever name called, for which COLT might otherwise become liable with reference to all wages, benefits, or other sums paid employees of the Lessee, its agents, contractors, and assigns, whose labor enters into the mining, transportation, production, treatment, shipment, or sale of any coal or other materials of any kind whatsoever, produced under this Lease or reclamation of mining on the Premises in all cases where such contributions, levies, taxes, or other sums are or shall be required to be paid under any federal, state, county, or municipal unemployment act or Social Security Act, by whatever name called, and to indemnify, protect, save, defend, and hold COLT harmless against Lessee’s or Lessee’s agents’, contractors’, or assigns’ failure to comply therewith and also against any federal, state, county, municipal, or personal claims whatsoever fixed or levied with reference to the wages of employees of Lessee, its agents, contractors, or assigns; and B. That COLT shall, in accordance with law, assess and pay taxes on the interests owned and/or leased by COLT in the Premises, including mined or unmined coal therein contained. However, Lessee shall reimburse COLT for any and all property taxes and/or unmined coal taxes on the Premises. Lessee shall pay its reimbursement to COLT within thirty (30) days after receipt of an invoice from COLT. Taxes shall be prorated by COLT to Lessee for any period less than the full current tax year; and C. That Lessee shall, in accordance with law, pay taxes on all machinery, structures, equipment, improvements, and other property of Lessee now or hereafter located or placed by Lessee in its mines or on the Premise. Lessee shall also pay any so-called severance, tonnage, license, privilege, or occupational taxes on coal which Lessee has the right to mine or in fact mines from the Premises and shall indemnify, protect, save, defend, and hold COLT harmless from and against any liability or claims of liability, or damages or claims of damages arising from or related to Lessee’s failure to pay such taxes. Lessee shall have the right in good faith to contest or review, at its sole efforts and expense, in such manner as it deems suitable, and in COLT’s name if desirable, any tax, charge, levy, or assessment whether general, special, ordinary, or extra-ordinary, layed, levied, assessed, or imposed upon Lessee.

PAYMENT OF LEVIES AND TAXES. Lessee, in the exercise of any of the rights granted to Lessee under this Lease, specifically and irrevocably agrees: A. To pay all contributions, levies, taxes, or other sums, by whatever name called, for which COLT RGGS might otherwise become liable with reference to all wages, benefits, or other sums paid employees of the Lessee, its agents, contractors, and assigns, whose labor enters into the mining, transportation, production, treatment, shipment, or sale of any coal or other materials of any kind whatsoever, produced under this Lease or reclamation of mining on the Premises in all cases where such contributions, levies, taxes, or other sums are or shall be required to be paid under any federal, state, county, or municipal unemployment act or Social Security Act, by whatever name called, and to indemnify, protect, save, defend, and hold COLT RGGS harmless against Lessee’s or Lessee’s agents’, contractors’, or assigns’ failure to comply therewith and also against any federal, state, county, municipal, or personal claims whatsoever fixed or levied with reference to the wages of employees of Lessee, its agents, contractors, or assigns; and B. That COLT RGGS shall, in accordance with law, assess and pay taxes on the interests owned and/or leased by COLT RGGS in the Premises, including mined or unmined coal therein contained. However, Lessee shall reimburse COLT RGGS for any and all property taxes and/or unmined coal taxes on the Premises. Lessee shall pay its reimbursement to COLT RGGS within thirty (30) days after receipt of an invoice from COLTRGGS. Taxes shall be prorated by COLT RGGS to Lessee for any period less than the full current tax year; and C. That Lessee shall, in accordance with law, pay taxes on all machinery, structures, equipment, improvements, and other property of Lessee now or hereafter located or placed by Lessee in its mines or on the Premise. Lessee shall also pay any so-called severance, tonnage, license, privilege, or occupational taxes on coal which Lessee has the right to mine or in fact mines from the Premises and shall indemnify, protect, save, defend, and hold COLT RGGS harmless from and against any liability or claims of liability, or damages or claims of damages arising from or related to Lessee’s failure to pay such taxes. Lessee shall have the right in good faith to contest or review, at its sole efforts and expense, in such manner as it deems suitable, and in COLTRGGS’s name if desirable, any tax, charge, levy, or assessment whether general, special, ordinary, or extra-ordinary, layed, levied, assessed, or imposed upon Lessee.

PAYMENT OF LEVIES AND TAXES. Lessee, in the exercise of any of the rights granted to Lessee under this Lease, specifically and irrevocably agrees: A. To pay all contributions, levies, taxes, or other sums, by whatever name called, for which COLT RUGER might otherwise become liable with reference to all wages, benefits, or other sums paid employees of the Lessee, its agents, contractors, and assigns, whose labor enters into the mining, transportation, production, treatment, shipment, or sale of any coal or other materials of any kind whatsoever, produced under this Lease or reclamation of mining on the Premises in all cases where such contributions, levies, taxes, or other sums are or shall be required to be paid under any federal, state, county, or municipal unemployment act or Social Security Act, by whatever name called, and to indemnify, protect, save, defend, and hold COLT RUGER harmless against Lessee’s or Lessee’s agents’, contractors’, or assigns’ failure to comply therewith and also against any federal, state, county, municipal, or personal claims whatsoever fixed or levied with reference to the wages of employees of Lessee, its agents, contractors, or assigns; and B. That COLT RUGER shall, in accordance with law, assess and pay taxes on the interests owned and/or leased by COLT RUGER in the Premises, including mined or unmined coal therein contained. However, Lessee shall reimburse COLT RUGER for any and all property taxes and/or unmined coal taxes on the Premises. Lessee shall pay its reimbursement to COLT RUGER within thirty (30) days after receipt of an invoice from COLTRUGER. Taxes shall be prorated by COLT RUGER to Lessee for any period less than the full current tax year; and C. That Lessee shall, in accordance with law, pay taxes on all machinery, structures, equipment, improvements, and other property of Lessee now or hereafter located or placed by Lessee in its mines or on the Premise. Lessee shall also pay any so-called severance, tonnage, license, privilege, or occupational taxes on coal which Lessee has the right to mine or in fact mines from the Premises and shall indemnify, protect, save, defend, and hold COLT RUGER harmless from and against any liability or claims of liability, or damages or claims of damages arising from or related to Lessee’s failure to pay such taxes. Lessee shall have the right in good faith to contest or review, at its sole efforts and expense, in such manner as it deems suitable, and in COLTRUGER’s name if desirable, any tax, charge, levy, or assessment whether general, special, ordinary, or extra-ordinary, layed, levied, assessed, or imposed upon Lessee.