Common use of Reimbursable Tax Imposition Clause in Contracts

Reimbursable Tax Imposition. Subject to Section 20.18, if a Reimbursable Tax Imposition occurs at any time during the Term, the Department shall pay to the Concessionaire the Concessionaire Damages with respect thereto in accordance with this Section 13.06 and Sections 13.02 and 13.03. The Concessionaire shall promptly notify the Department if the Concessionaire obtains written advice or written information of any proposed or threatened change in Law that could result in a Reimbursable Tax Imposition or of any local taxing district or other Governmental Authority’s intent to levy such a tax.

Appears in 4 contracts

Samples: Comprehensive Agreement, Comprehensive Agreement, Comprehensive Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.