Common use of Tax and Expense Clause in Contracts

Tax and Expense. 10.1 The Parties shall pay their respective taxes and expenses in relation to the execution and performance hereof in accordance with the PRC Laws. Borrower may charge her taxes and expenses in relation to the execution and performance hereof to the Company, upon Lender’s prior approval. 10.2 Lender shall pay the taxes and expenses in accordance with Section 6.4 hereof (if applicable).

Appears in 2 contracts

Samples: Loan Agreement (XcelMobility Inc.), Loan Agreement (XcelMobility Inc.)

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Tax and Expense. 10.1 The Parties shall pay their respective taxes and expenses in relation to the execution and performance hereof in accordance with the PRC Laws. Borrower Borrowers may charge her their taxes and expenses in relation to the execution and performance hereof to the Company, upon Lender’s prior approval. 10.2 Lender shall pay the taxes and expenses in accordance with Section 6.4 hereof (if applicable).

Appears in 1 contract

Samples: Loan Agreement (Transit Management Holding Corp)

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Tax and Expense. 10.1 The Parties shall pay their respective taxes and expenses in relation to the execution and performance hereof in accordance with the PRC Laws. Borrower may charge her his taxes and expenses in relation to the execution and performance hereof to the Company, upon Lender’s prior approval. 10.2 Lender shall pay the taxes and expenses in accordance with Section 6.4 hereof (if applicable).

Appears in 1 contract

Samples: Loan Agreement (XcelMobility Inc.)

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