PRIVILEGE TAXES Sample Clauses

PRIVILEGE TAXES. Seller represents, warrants and covenants to Buyer that all state and local transaction privilege, sales, excise, use or similar taxes relating to the development, sale or rental of the Property (including, without limitation any speculative builder tax, owner-builder tax, or construction contractor tax) have been paid and Seller shall pay any such taxes that may arise as a result of the sale of the Property to Buyer as and when due. Seller shall indemnify, hold harmless and defend the Indemnified Parties from any and all Claims relating to a breach of the preceding sentence. The provisions of this Section shall survive ▇▇▇.

PRIVILEGE TAXES. Seller represents, warrants and covenants to Purchaser that all state and local transaction privilege, sales, excise, use or similar taxes relating to the development, sale or rental of the Property (including, without limitation, any speculative builder tax, owner-builder tax, or construction contractor tax) have been paid and Seller shall pay any such taxes that may arise as a result of the sale of the Property to Purchaser as and when due. Seller shall indemnify, hold harmless and defend the Indemnified Parties from any and all Claims relating to a breach of the preceding sentence. The provisions of this Section shall survive Closing.

PRIVILEGE TAXES. Seller represents, warrants and covenants to Buyer that all state and local transaction privilege, sales, excise, use or similar taxes relating to the Master Purchase Agreement and Escrow Instructions Walgreens — Multi-Site development, sale or rental of each Property (including, without limitation any speculative builder tax, owner-builder tax, or construction contractor tax) have been paid and Seller shall pay any such taxes that may arise as a result of the sale of any Property to Buyer as and when due. Seller shall indemnify, hold harmless and defend the Indemnified Parties from any and all Claims relating to a breach of the preceding sentence. The provisions of this Section shall survive ▇▇▇.

PRIVILEGE TAXES. In those and/or local government entities which require CONTRACTOR to pay a percentage of gross contracting revenue as a privilege (sales) tax. Such tax will be passed on to the COMPANY as a separate item on the regular invoicing. NOTE: ALL RATES ARE, AND INVOICES ARE TO BE PAID, IN U.S. DOLLARS In witness whereof the parties hereto have caused this agreement to be executed as of the day and year first above written on the title page. BY: ▇▇▇▇▇▇ ▇▇▇▇▇ BY: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ TITLE: BRANCH MANAGER TITLE: PRESIDENT COMPANY: MAJOR DRILLING DE MEXICO, S.A. DE C.V. COMPANY: KIMBER RESOURCES DE MEXICO, S.A. DE C.V. If the proposed minimum of 30,000 meters to be drilled under the contract is not completed by June 30, 2011, or, if earlier than June 30, 2011, such time as the drilling is concluded and the drills demobilized, and the failure to complete said meterage is not the fault of CONTRACTOR, COMPANY shall pay to CONTRACTOR any amounts unpaid based upon the revised meterage rates set forth below for each meter drilled by CONTRACTOR. If the total meters drilled is between 20,000 meters and 29,999 meters the following revised rates per meter will be applicable for the total meters drilled: 0-150 MTS. $56.10 0-250 MTS. $89.10 150-300 MTS $59.40 250-500 MTS $94.60 500-750 MTS $100.10 or; If the total meters drilled is between 10,000 meters and 19,999 meters the following revised rates per meter will be applicable for the total meters drilled:: 0-150 MTS. $58.65 0-250 MTS. $93.15 150-300 MTS $62.10 250-500 MTS $98.90 500-750 MTS $104.65 or; If the total meters drilled is between 0 meters and 9,999 meters the following revised rates per meter will be applicable for the total meters drilled: 0-150 MTS. $61.20 0-250 MTS. $97.20 150-300 MTS $64.80 250-500 MTS $103.20 500-750 MTS $109.20 DRAFT — Feb. 16, 2011 This agreement is made and entered into as of the 10th day of January of 2011 among KIMBER RESOURCES DE MEXICO, S.A. DE C.V. (hereinafter called ASSIGNOR), ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇.▇▇ ▇. ▇. de C. V. (hereinafter called ASSIGNEE) and MAJOR DRILLING DE MEXICO, S.A. DE C.V. (hereinafter called CONTRACTOR),

PRIVILEGE TAXES. Seller represents and warrants to Buyer that the Closing Date is more than two (2) years after the substantial completion of the Improvements. Seller represents, warrants and covenants to Buyer that all state and local transaction privilege, sales, excise, use or similar taxes relating to the development, sale or rental of the Property (including, without limitation any speculative builder tax, owner-builder tax, or construction contractor tax) have been paid and Seller shall pay any such taxes that may arise as a result of the sale of the Property to Buyer as and when due. Seller shall indemnify, hold harmless and defend the Indemnified Parties from any and all Claims relating to a breach of this Section 11.10. The provisions of this Section 11.10 shall survive Closing.

PRIVILEGE TAXES. Seller has paid, or will pay on or before their due date, all transaction privilege taxes, including sales, use or rental taxes (collectively, “Privilege Taxes”), due on or before the Closing Date with respect to the Property and has reserved, or will reserve before the Closing, amounts necessary to pay Privilege Taxes due after the Closing Date in respect of periods ending on or before the Closing Date. Seller has filed, or will timely file on or before their due date, all tax returns required in connection with any Privilege Taxes.

PRIVILEGE TAXES. Sellers jointly and severally represent, warrant and covenant to Purchasers that all state and local transaction privilege, sales, excise, use or similar taxes relating to the development, sale or rental of each Project (including, without limitation any speculative builder tax, owner-builder tax, or construction contractor tax) have been paid and Sellers shall pay any such taxes that may arise as a result of the sale of any Project to Purchasers as and when due. Sellers shall jointly and severally indemnify, hold harmless and defend Purchasers, Purchasers’ affiliates, the partners, trustees, shareholders, directors, officers, attorneys, employees and agents of each of them, and their respective heirs, successors, personal representatives and assigns from any and all demands, claims (including, without limitation, causes of action in tort), legal or administrative proceedings, losses, liabilities, damages, penalties, fines, liens, judgments, costs or expenses whatsoever (including, without limitation, attorneys’ fees and costs), whether direct or indirect, known or unknown, foreseen or unforeseen, relating to a breach of the preceding sentence. The provisions of this Section 29 shall survive Closing.

PRIVILEGE TAXES. Seller represents, warrants and covenants to Buyer that all state and local transaction privilege, sales, excise, use or similar taxes relating to the development, sale or rental of each of the Properties (including, without limitation any speculative builder tax, owner-builder tax, or construction contractor tax) have been paid and Seller shall pay any such taxes that may arise as a result of the sale of any of the Properties to Buyer as and when due. In no event shall Buyer be subject to or otherwise responsible for any such tax or similar obligations incurred by Seller prior to ▇▇▇, or which otherwise relate to any period of time prior to ▇▇▇, under applicable successor liability or so-called “bulk sales” laws or regulations. Seller shall indemnify, hold harmless and defend the Indemnified Parties from any and all Claims relating to a breach of the preceding sentence. The provisions of this Section shall survive ▇▇▇.