Common use of Taxes and Duties Incurred in Korea Clause in Contracts

Taxes and Duties Incurred in Korea. The BUILDER shall bear and pay all taxes, duties, stamps and fees incurred in Korea in connection with execution and/or performance of this Contract as the BUILDER, except for any taxes and duties imposed in Korea upon the BUYER’s Supplies.

Appears in 11 contracts

Samples: Construction Contract, Construction Contract (DryShips Inc.), Construction Contract (DryShips Inc.)

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Taxes and Duties Incurred in Korea. The BUILDER Builder shall bear and pay all taxes, duties, stamps and fees and bank charges and expenses incurred in Korea in connection with execution and/or performance of this Contract as the BUILDERBuilder, except for any taxes and duties imposed in Korea upon the BUYERBuyer’s Supplies.

Appears in 4 contracts

Samples: Shipbuilding Contract (Ardmore Shipping Corp), Shipbuilding Contract (Ardmore Shipping Corp), Shipbuilding Contract (Ardmore Shipping Corp)

Taxes and Duties Incurred in Korea. The BUILDER shall bear and pay all taxes, duties, stamps and fees incurred in Korea in connection with execution and/or performance of this Contract as the BUILDER, except for and any taxes and duties imposed in Korea upon the BUYER’s SuppliesOWNER's Supplies resulting from the failure attributable to the BUILDER in taking all appropriate action to have such OWNER's Supplies imported into Korea under bond for ultimate export with the VESSEL following delivery.

Appears in 2 contracts

Samples: Contract for Construction and Sale of Vessel (R&b Falcon Corp), Construction Contract (R&b Falcon Corp)

Taxes and Duties Incurred in Korea. The BUILDER shall bear and pay all taxes, duties, stamps and fees incurred in Korea in connection with execution and/or performance of this Contract as the BUILDER, except for any taxes and duties imposed in Korea upon the BUYER’s 'S Supplies.

Appears in 1 contract

Samples: Construction Contract (DryShips Inc.)

Taxes and Duties Incurred in Korea. The BUILDER shall bear and pay all taxes, duties, stamps and fees incurred in Korea in connection with execution and/or performance of this Contract as the BUILDER, except for and any taxes and duties imposed in Korea upon the BUYER’s Supplies's Supplies resulting from the failure attributable to the BUILDER in taking all appropriate action to have such BUYER's Supplies imported into Korea under bond for ultimate export with the DRILLSHIP following delivery.

Appears in 1 contract

Samples: Contract for Construction and Sale of a Drilling Ship (R&b Falcon Corp)

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Taxes and Duties Incurred in Korea. The BUILDER shall bear and pay all taxes, duties, stamps and fees incurred in Korea in connection with execution and/or performance of this Contract as the BUILDER, except for any taxes and duties imposed in Korea upon the BUYER’s 's Supplies.

Appears in 1 contract

Samples: Construction Contract (DryShips Inc.)

Taxes and Duties Incurred in Korea. The BUILDER shall bear and pay all taxes, duties, stamps and fees incurred in Korea in connection with execution and/or performance of its obligations under this Contract as the BUILDERContract, except for any taxes and duties imposed in Korea upon the BUYER’s Supplies.

Appears in 1 contract

Samples: Ship Building Contract (Danaos Corp)

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