Purchaser’s Taxes Sample Clauses
Purchaser’s Taxes. Purchaser shall bear, and shall defend, indemnify and hold Seller harmless from and against any and all sales, use, value added, excise and other similar taxes (including excise-equivalent customs duty), and any taxes, fees, duties, interest, penalties, charges, invoices, claims and statements relating thereto, which may be imposed by any federal, state, county, local, foreign or other governmental authority as a result of the sale, delivery or transfer of the Aircraft to Purchaser, or the ownership, possession, use or storage of the Aircraft after the Closing, except to the extent (i) imposed on or measured by Seller’s income or (ii) related to a period (or portion thereof) ending on or prior to the Closing. In the event Seller receives written notice of any audit, claim, assessment or proposed assessment of any tax for which Purchaser may be responsible under this Article 7.2, Seller shall notify Purchaser within ten (10) Business Days thereof, and Seller and Purchaser shall reasonably cooperate to manage and/or defend any such audit, claim, assessment or proposed assessment.
Purchaser’s Taxes. Purchaser is responsible for: (1) payment of, or reimbursement of Seller, for all taxes assessed on the generation, sale, delivery or consumption of electricity produced by the System or the interconnection of the System to the utility’s electricity distribution system; and (2) real property taxes.
Purchaser’s Taxes. Purchaser is responsible for paying all taxes, charges, levies, and assessments against the Premises. Purchaser is also responsible for paying all sales, use, and other taxes, and any and all franchise fees or similar fees assessed against Purchaser as a result of Purchaser’s purchase of the Energy and, in the event that Purchaser exercises the Purchase Option, its purchase and ownership of the System, which fees are not otherwise the obligation of Seller.
Purchaser’s Taxes. Seller acknowledges that Purchaser is a Connecticut municipality and is exempt from the payment of taxes.
Purchaser’s Taxes. The Purchaser has filed all tax returns in respect of, but has not been assessed for federal and provincial income taxes for each of its fiscal years, and accordingly, no such taxes are payable.
Purchaser’s Taxes. Except as set forth in SECTION 7.2(B) with respect to real estate transfer taxes, Purchaser shall retain and pay any sales, use, income, franchise or other tax or charge, if any, which may become payable by Purchaser by reason of the purchase of the Acquisition Assets under federal laws or under the laws of any state.
Purchaser’s Taxes. Purchaser is responsible for paying timely all taxes, charges, levies, and assessments against the Designated Premises, if any. Purchaser is also responsible for paying, if any, all sales, use, property, and other taxes, and any and all franchise fees or similar fees assessed against Purchaser as a result of Purchaser’s purchase of the Energy and, in the event that Purchaser exercises the Purchase Option, its purchase and ownership of the System, which fees are not otherwise the obligation of Seller. Purchaser is a tax-exempt entity and will provide evidence of the same to Seller.
Purchaser’s Taxes. Purchaser is responsible for paying all taxes, charges, levies, and assessments against the Premises. Purchaser is also responsible for paying all sales, use, and other taxes, and any and all franchise fees or similar fees assessed against Purchaser as a result of Purchaser’s purchase of the Energy and, in the event that Purchaser exercises the Purchase Option, its purchase and ownership of the System, which fees are not otherwise the obligation of Seller. The Parties hereby acknowledge and agree that Purchaser is exempt from the payment of taxes and other assessments that may be levied against the System.
Purchaser’s Taxes. Purchaser is responsible for (1) payment or reimbursement of Seller for all taxes assessed on the generation, sale, delivery or consumption of Energy sold under this Agreement and capacity provided by each Project or the interconnection of each Project to the utility’s electricity distribution system, and (2) real property taxes for the property where each Project is located. If Purchaser is required by law or regulation to remit or pay taxes that are Seller’s responsibility hereunder, within 60 days following written notice from Purchaser of the taxes paid and applicable amounts, Seller shall reimburse Purchaser for the amount of any such paid taxes. Nothing shall obligate or cause a Party to pay or be liable to pay any taxes for which it is exempt under Law. Seller’s Taxes. Seller is responsible for: (1) income taxes or similar taxes imposed on Seller’s revenues due to the sale of electricity or capacity under this Agreement and (2) personal property taxes imposed on each Project.