Stamp Duty and Other Taxes. The Borrower shall (a) pay and (b) within seven Business Days of demand, indemnify each Finance Party against any cost, loss or liability that Finance Party incurs in relation to all stamp duty, registration and other similar Taxes payable in respect of any every Finance Document.
Stamp Duty and Other Taxes. (1) The Group has paid all the taxes according to Hong Kong and Chinese laws and regulations on time. There exists no unpaid tax payable by the Group according to the requirements of Chinese laws and regulations.
(2) Prior to the date on which this Agreement is executed, the Group or any of its directors or senior staff members has not paid or been requested to pay any fine, penalty, surcharge or penalty interest connected to any tax.
(3) The Group has fully complied with the requirements on withholding taxes provided by Hong Kong and Chinese tax collection laws and regulations.
(4) The Group has no tax liability (either actual or contingent) or any liability for any interest, penalty or charge incurred by any tax in Hong Kong or China which has not been thoroughly or completely disclosed in the accounts.
Stamp Duty and Other Taxes. Under the laws and regulations of each of the jurisdictions in which the Company and the Controlled Entities are incorporated, organized, tax resident or do business, as applicable, or any political subdivision or taxing authority thereof or therein (each, a “Relevant Taxing Jurisdiction”), no transaction, stamp, issuance, registration, capital, business, value-added, transfer or other similar tax or duty is payable (whether by withholding or otherwise) in any such jurisdiction by, or on behalf of, the Underwriters to any taxing authority in connection with (i) the issuance, sale and delivery of the Ordinary Shares represented by the Offered Shares by the Company, the issuance of the Offered Shares by the Depositary and the delivery of the Offered Shares to, or for the account of, the Underwriters; (ii) the purchase from the Company, and the initial sale and delivery by the Underwriters, of the Offered Shares to purchasers thereof; (iii) the deposit of the Ordinary Shares with the Depositary and the issuance and delivery of the ADRs evidencing the Offered Shares; or (iv) the execution, delivery, performance and enforcement of this Agreement and the Deposit Agreement.
Stamp Duty and Other Taxes. No transaction, stamp, issuance, registration, capital, value-added, transfer or other similar tax or duty is payable (whether by withholding or otherwise) by or on behalf of the Underwriter to the government of the PRC, Hong Kong or Cayman Islands or any political subdivision or taxing authority thereof or therein in connection with (a) the sale and delivery of the Ordinary Shares represented by the Offered Shares by the Selling Shareholders, the issuance of the Offered Shares by the Depositary and the delivery of the Offered Shares to, or for the account of, the Underwriter; (b) the purchase from the Company, and the initial sale and delivery by the Underwriter, of the Offered Shares to purchasers thereof; (c) the deposit of the Ordinary Shares with the Depositary and the issuance and delivery of the ADRs evidencing the Offered Shares; or (d) the execution, delivery and performance of this Agreement and the Deposit Agreement; except that Cayman Islands and PRC stamp duty may be payable if this Agreement and the Deposit Agreement are brought to or executed in the Cayman Islands or the PRC, as the case may be.
Stamp Duty and Other Taxes. (a) The Borrower shall (a) ensure that all Financing Documents are duly stamped in such manner and for such value as required under the Applicable Law, (b) pay forthwith on demand, any costs, loss or liability that a Lender incurs in relation to all stamp duty, registration fees and other Taxes payable in respect of any Financing Documents, and further indemnify the Lender against all of the above.
(b) If the Borrower and/ or any Security Provider is mandatorily required under Income Tax Act, 1961, to make any tax deductions at source from any payments to the Lender, the Borrower and/ or Security Provider shall make that tax deduction and deliver to the Lender, a tax deduction certificate in the format prescribed under the Income Tax Rules, 1962 and within the timelines prescribed under the Income Tax Rules, 1962 and shall make immediate payment of the tax so deducted to the relevant Tax authority and shall make all relevant filings in this regard within the timelines prescribed under Applicable Law. Forthwith upon depositing the Tax so deducted with the relevant Tax authority, the Borrower and/ or Security Provider is required to provide the Lender with the certified true copy of tax receipts in this regard and/or such other document evidencing to the satisfaction of the Lender the deposit of the Tax so deducted with the relevant tax authority.
Stamp Duty and Other Taxes. (a) The parties agree that any stamp duty payable in connection with the exercise of the Option shall be:
(i) for the exercise of the Option under clause 14, borne as to 50% by Xxxxxxx and 50% by NWS; and
(ii) for the exercise of the Option under clause 15, wholly borne by the Defaulting Shareholder,
(b) NWS must:
(i) promptly (and in any event within the timeframes permitted under applicable Law) submit all documents required in connection with the stamping of the Option Shares to the Inland Revenue Department;
(ii) promptly provide a copy of the assessment (and any requisitions) in respect of the Option Shares received from the Inland Revenue Department to Xxxxxxx upon receipt by NWS;
(iii) subject to Xxxxxxx’x compliance with clause 14.9(c), promptly pay the relevant stamp duty so chargeable, payable or assessed in respect of the Option Shares to the Inland Revenue Department; and
(iv) provide evidence of such payment to Xxxxxxx within a period of 5 Business Days after such payment has been made.
(c) Xxxxxxx shall promptly pay to NWS Xxxxxxx’x 50% (or 100% if Xxxxxxx is the Defaulting Shareholder, as applicable) of the stamp duty for which Xxxxxxx is liable under clause 14.9(a) within a period of 5 Business Days after receipt of the final assessment under clause 14.9(b)(iii).
(d) The Parties agree that any other taxes payable under or in connection with Announcement 7 in connection with the exercise of the Option (including any reasonable and documented out of pocket costs and expenses incurred by NWS in respect of any filing required by NWS in respect of Announcement 7) shall be borne solely by Xxxxxxx, and the parties must promptly (and in any event within the time periods prescribed under applicable law) comply with their tax and filing obligations under or in connection with Announcement 7 in connection with the exercise of the Option and the transfer of the Option Shares under this Agreement.
Stamp Duty and Other Taxes. The Lessee shall promptly pay to the Lessor all stamp duty, financial institutions duty and any other duties, taxes or imposts including fines or penalties for late payment payable now and in the future in respect of this Agreement or the Rent or other monies payable under or pursuant to this Agreement or in consequence of the expiration or termination of this Agreement. Such payment shall be made a sand when required by the Lessor and in relation to installments of Rent shall until further notice shall be paid in the amounts set out in the Schedule on the due date for payment of Rent specified in the Schedule.
Stamp Duty and Other Taxes. (a) In addition to any GST payable by the Purchaser under CLAUSE 18 but subject to CLAUSE 22.6(B), the Purchaser must pay all stamp duty or other Taxes on or in respect of:
(i) this agreement;
(ii) any instrument, document or transaction contemplated by this agreement; and
(iii) any instrument or document required under any relevant law in connection with any transaction contemplated by this agreement.
(b) The Vendors must pay any and all stamp duty or other transfer taxes payable in any jurisdiction outside Australia in relation to the transfer of the Shares.
Stamp Duty and Other Taxes. (a) Each Borrower shall severally, in proportion to its Borrower's Portion, pay or reimburse each Indemnified Party for all stamp, transaction, registration and similar Taxes (including fines and penalties) on or in relation to the execution, delivery, performance or enforcement of any Transaction Document or any payment, receipt or other transaction contemplated by any Transaction Document.
(b) Those Taxes include financial institutions duty, debits tax or other Taxes payable by return and Taxes passed on to any Indemnified Party by a bank or financial institution.
Stamp Duty and Other Taxes. The Issuer shall pay all stamp, registration and other taxes and duties (including any interest and penalties thereon or in connection therewith) which may be payable in Kazakhstan, the United Kingdom, the Kingdom of Belgium or the Grand Duchy of Luxembourg upon or in connection with the execution and delivery of this Agreement and any letters of appointment under which any Paying Agent, Registrar, Transfer Agent or Calculation Agent is appointed as agent hereunder, and shall indemnify each Paying Agent, Registrar, each Transfer Agent and each Calculation Agent (each, for the purpose of this Clause 11.3, an “Indemnified Party”) against any claim, demand, action, liability, damages, cost, loss or expense (including, without limitation, reasonable legal fees and any applicable value added tax) which it may properly pay or incur as a result or arising out of or in relation to any failure to pay or delay in paying any of the same. The foregoing indemnity shall extend also to the employees, officers, directors and agents of such Indemnified Party and to any person controlling any Indemnified Party (within the meaning of the Securities Act).