Property Tax, Fuel Tax, and Sales and Use Tax Compliance Sample Clauses

Property Tax, Fuel Tax, and Sales and Use Tax Compliance. (a) On the date thirty (30) days after Northwest hires an appropriate individual to prepare Pinnacle property tax returns (the “Commencement Date”), Northwest shall become responsible for administering Pinnacle’s property taxes, both real property and personal property. Northwest shall be responsible for notifying Pinnacle in writing of the Commencement Date. As of the Commencement Date, Northwest shall prepare all property tax returns once the appropriate information is gathered by Pinnacle and Northwest. Northwest shall prepare the property tax returns with the same care, diligence, and expertise used in filing the property tax returns of Northwest. As of the Commencement Date, Northwest also shall be responsible for (1) the review of Pinnacle’s property tax assessment notices and accompanying workpapers, and the resolution of any disputes regarding such notices; (2) the review of Pinnacle’s property tax bills; (3) the preparation and filing of any property tax refund claims; and (4) the management of any audits of Pinnacle’s property taxes. Northwest and Pinnacle shall cooperate to ensure that Pinnacle’s property tax returns, refund claims, and property tax bills are reviewed and signed by the properly authorized individual(s). Depending on who signs the property tax returns or refund claims, Northwest and Pinnacle shall cooperate to ensure the timely filing of such property tax returns and refund claims. (b) With respect to fuel taxes, Northwest and Pinnacle shall cooperate to ensure that Pinnacle is filing appropriate fuel tax returns and refund claims to minimize Pinnacle’s taxes. Northwest shall determine which entity, Northwest or Pinnacle, shall be responsible for preparing and filing appropriate fuel tax returns and refund claims. Unless Northwest determines otherwise and notifies Pinnacle in writing, Pinnacle shall be responsible for all Pinnacle fuel tax filings and payments. Upon the request of Northwest, Northwest shall be entitled to review any actual or proposed Pinnacle fuel tax filings. Pinnacle shall notify Northwest of the commencement of any fuel tax audit. Prior to resolving any fuel tax audit, Pinnacle shall receive approval from Northwest to resolve any such audit. (c) With respect to sales and use taxes, Northwest and Pinnacle shall cooperate to ensure that Pinnacle is filing appropriate sales and use tax returns and refund claims to minimize Pinnacle’s taxes. Northwest shall determine which entity, Northwest or Pinnacle, shall be ...
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Property Tax, Fuel Tax, and Sales and Use Tax Compliance. (a) With respect to any property taxes, fuel taxes, sales and use taxes, excise taxes, liquor taxes, and similar transaction taxes (“Transaction Taxes”), Delta and the Pinnacle Parties shall cooperate to ensure that each Operator is timely filing appropriate tax returns and refund claims to minimize its respective Transaction Taxes. Delta shall determine which entity, Delta or the applicable Operator, shall be responsible for preparing and filing appropriate such tax returns and refund claims. Unless Delta determines otherwise and notifies an Operator in writing, such Operator shall be responsible for all such Transaction Tax filings and payments. Upon the request of Delta, (i) Delta shall be entitled to review any actual or proposed tax filings of an Operator related to Transaction Taxes and (ii) each Operator shall execute and deliver a power of attorney and/or an assignment of refund claim in favor of Delta, in each case with respect to any Transaction Taxes. Each Operator shall notify Delta of the commencement of any tax audit. Prior to resolving any tax audit, the applicable Operator shall receive approval from Delta to resolve any such audit. (b) Each Operator shall use its reasonable best efforts to, and cooperate with Delta to, minimize its respective Transaction Taxes. Each Operator shall in good faith and using reasonable best efforts supply Delta with such information and documents reasonably requested by Delta to minimize its respective Transaction Taxes. Unless Delta determines otherwise, the applicable Operator shall use its reasonable best efforts to seek any and all applicable refunds or credits of Transaction Taxes paid by such Operator. Any such refunds for Transactional Taxes will be to the sole benefit of Delta.
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Related to Property Tax, Fuel Tax, and Sales and Use Tax Compliance

  • Sales and Use Taxes Professional Business Manager and the Practice acknowledge and agree that to the extent that any of the services to be provided by Professional Business Manager hereunder may be subject to any state sales and use taxes, Professional Business Manager may have a legal obligation to collect such taxes from the Practice and to remit the same to the appropriate tax collection authorities. The Practice agrees to have applicable state sales and use taxes attributable to the services to be provided by Professional Business Manager hereunder treated as an Office Expense.

  • Sales and Use Tax Any sales and use tax that may accrue because of this transaction must be paid when due by 577 Buyer Seller One-Half by Buyer and One-Half by Seller None.

  • Payment of Taxes and Claims; Tax Consolidation The Company shall pay, and cause each of its Subsidiaries to pay, (a) all material taxes, assessments and other governmental charges imposed upon it or on any of its properties or assets or in respect of any of its franchises, business, income or property before any penalty or interest accrues thereon, and (b) all claims (including, without limitation, claims for labor, services, materials and supplies) for sums which have become due and payable and which by law have or may become a Lien (other than a Lien permitted by Section 7.03) upon any of the Company’s or such Subsidiary’s property or assets, prior to the time when any penalty or fine shall be incurred with respect thereto; provided, however, that no such taxes, assessments and governmental charges referred to in clause (a) above or claims referred to in clause (b) above (and interest, penalties or fines relating thereto) need be paid if being contested in good faith by appropriate proceedings diligently instituted and conducted and if such reserve or other appropriate provision, if any, as shall be required in conformity with Agreement Accounting Principles shall have been made therefor.

  • Goods and Services Tax (GST (a) For the purposes of clause 9:

  • Foreign Tax Compliance Except as otherwise disclosed in the Disclosure Package and the Prospectus, no transaction, stamp, capital or other issuance, registration, transaction, transfer or withholding taxes or duties are payable in China, Hong Kong or Cayman Islands to any PRC, Hong Kong or Cayman Islands taxing authority in connection with the issuance, sale and delivery of the Offered Securities, and the delivery of the Offered Securities to or for the account of the Underwriters.

  • Ad Valorem Taxes Prior to delinquency, Tenant shall pay all taxes and assessments levied upon trade fixtures, alterations, additions, improvements, inventories and personal property located and/or installed on or in the Premises by, or on behalf of, Tenant; and if requested by Landlord, Tenant shall promptly deliver to Landlord copies of receipts for payment of all such taxes and assessments. To the extent any such taxes are not separately assessed or billed to Tenant, Tenant shall pay the amount thereof as invoiced by Landlord.

  • Franchise Tax Certification If PROVIDER is a taxable entity subject to the Texas Franchise Tax (Chapter 171, Texas Tax Code), then PROVIDER certifies that it is not currently delinquent in the payment of any franchise (margin) taxes or that PROVIDER is exempt from the payment of franchise (margin) taxes.

  • Collection of Taxes, Assessments and Similar Items (a) To the extent provided in the applicable Servicing Agreement, the Master Servicer shall cause each Servicer to establish and maintain one or more custodial accounts at a depository institution (which may be a depository institution with which the Master Servicer or any Servicer establishes accounts in the ordinary course of its servicing activities), the accounts of which are insured to the maximum extent permitted by the FDIC (each, an “Escrow Account”) and to deposit therein any collections of amounts received with respect to amounts due for taxes, assessments, water rates, standard hazard insurance policy premiums, Payaheads, if applicable, or any comparable items for the account of the Mortgagors. Withdrawals from any Escrow Account may be made (to the extent amounts have been escrowed for such purpose) only in accordance with the applicable Servicing Agreement. Each Servicer shall be entitled to all investment income not required to be paid to Mortgagors on any Escrow Account maintained by such Servicer. The Master Servicer shall make (or cause to be made) to the extent provided in the applicable Servicing Agreement advances to the extent necessary in order to effect timely payment of taxes, water rates, assessments, Standard Hazard Insurance Policy premiums or comparable items in connection with the related Mortgage Loan (to the extent that the Mortgagor is required, but fails, to pay such items), provided that it or the applicable Servicer has determined that the funds so advanced are recoverable from escrow payments, reimbursement pursuant to Section 4.02 or otherwise. (b) Costs incurred by the Master Servicer or by any Servicer in effecting the timely payment of taxes and assessments on the properties subject to the Mortgage Loans may be added to the amount owing under the related Mortgage Note where the terms of the Mortgage Note so permit; provided, however, that the addition of any such cost shall not be taken into account for purposes of calculating the distributions to be made to Certificateholders. Such costs, to the extent that they are unanticipated, extraordinary costs, and not ordinary or routine costs shall be recoverable as a Servicing Advance by the Master Servicer pursuant to Section 4.02.

  • Franchise Tax Status Contractor represents and warrants that it is not currently delinquent in the payment of any franchise taxes owed the State of Texas under Chapter 171 of the Texas Tax Code.

  • Tax Compliance The Depositary, on its own behalf and on behalf of the Corporation, will comply with all applicable certification, information reporting, and withholding (including “backup withholding”) requirements imposed by applicable tax laws, regulations, or administrative practice with respect to (i) any payments made with respect to the Depositary Shares or (ii) the issuance, delivery, holding, transfer, redemption, or exercise of rights under the Receipts or the Depositary Shares. Such compliance shall include, without limitation, the preparation and timely filing of required returns and the timely payment of all amounts required to be withheld to the appropriate taxing authority or its designated agent. The Depositary shall comply with any direction received from the Corporation with respect to the application of such requirements to particular payments or holders or in other particular circumstances and may, for purposes of this Deposit Agreement, rely on any such direction in accordance with the provisions of Section 5.3 hereof. The Depositary shall maintain all appropriate records documenting compliance with such requirements, and shall make such records available on request to the Corporation or to its authorized representatives.

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