Common use of Tax warranties and indemnities Clause in Contracts

Tax warranties and indemnities. 14.1 The Insurer shall at all times be entitled to rely on the documentation, financial information and any data provided by the Intermediary that is required for the purposes of preparing any calculations and/or returns to be furnished to the South African Revenue Services ("SARS"), whether as part of a bordereau, report or otherwise, and the Intermediary indemnifies and holds the Indemnified Parties harmless against any damages, Losses or claims which it may incur or suffer due to errors or unexplained discrepancies in respect of or arising from the documentation, data or information provided as herein contemplated. 14.2 The Intermediary shall meet the requirements stipulated by the Insurer from time to time in order to comply with the Insurer’s obligations to SARS. The requirements may be reviewed by the Insurer with reference to changes in Laws and may be amended by means of a written notice issued to the Intermediary. 14.3 The Intermediary undertakes that all information supplied by or to be supplied by it which may materially affect any tax risk s in respect of the Services has been disclosed to the Insurer and is true and correct in every material respect.

Tax warranties and indemnities. 14.1 The Insurer shall at all times be entitled to rely on the documentation, financial information and any data provided by the Intermediary that is required for the purposes of preparing any calculations and/or returns to be furnished to the South African Revenue Services ("SARS"), whether as part of a bordereau, report or otherwise, and the Intermediary indemnifies and holds the Indemnified Parties harmless against any damages, Losses or claims which it may incur or suffer due to errors or unexplained discrepancies in respect of or arising from the documentation, data or information provided as herein contemplated. 14.2 The Intermediary shall meet the requirements stipulated by the Insurer from time to time in order to comply with the Insurer’s obligations to SARS. The requirements may be reviewed by the Insurer with reference to changes in Laws and may be amended by means of a written notice issued to the Intermediary. 14.3 The Intermediary undertakes that all information supplied by or to be supplied by it which may materially affect any tax risk s risks in respect of the Services has been disclosed to the Insurer and is true and correct in every material respect.

Tax warranties and indemnities. 14.1 The Insurer shall at all times be entitled to rely on the documentation, financial information and any data provided by the Intermediary and that is required for the purposes of preparing any calculations and/or returns to be furnished to the South African Revenue Services ("SARS"), whether as part of a bordereau, report or otherwise, and the Intermediary indemnifies and holds the Indemnified Parties harmless against any damages, Losses or claims which it may incur or suffer due to errors or unexplained discrepancies in respect of or arising from the documentation, data or information provided as herein contemplated. 14.2 The Intermediary shall meet the requirements stipulated by the Insurer from time to time in order to comply with the Insurer’s obligations to SARS. The requirements may be reviewed by the Insurer with reference to changes in Laws and may be amended by means of a written notice issued to the Intermediary. 14.3 The Intermediary undertakes that all information supplied by or to be supplied by it which may materially affect any tax risk s risks in respect of the Services has been disclosed to the Insurer and is true and correct in every material respect.

Tax warranties and indemnities. 14.1 13.1 The Insurer shall at all times be entitled to rely on the documentation, financial information and any data provided by the Intermediary and that is required for the purposes of preparing any calculations and/or returns to be furnished to the South African Revenue Services ("“SARS"”), whether as part of a bordereau, report or otherwise, and the Intermediary indemnifies and holds the Indemnified Parties harmless against any damages, Losses or claims which it may incur or suffer due to errors or unexplained discrepancies in respect of or arising from the documentation, data or information provided as herein contemplated. 14.2 13.2 The Intermediary shall meet the requirements stipulated by the Insurer from time to time in order to comply with the Insurer’s obligations to SARS. The requirements may be reviewed by the Insurer with reference to changes in Laws and may be amended by means of a written notice issued to the Intermediary. 14.3 13.3 The Intermediary undertakes that all information supplied by or to be supplied by it which may materially affect any tax risk s risks in respect of the Services has been disclosed to the Insurer and is true and correct in every material respect.