Common use of Taxes and Fines Clause in Contracts

Taxes and Fines. All taxes which are a burden to the goods object of this contract, as well as fines to be imposed as a result of its irregular or illegal operation, will be paid exclusively by THE LESSEE. If new taxes are imposed which are a burden or increased the tributary burden that THE LESSOR has in connection with this contract increase, THE LESSEE agrees on the obligation from now on to assume such higher taxes exclusively paying on behalf of THE LESSOR.

Appears in 6 contracts

Samples: Leasing Agreement (Transtel S A), Leasing Agreement (Transtel S A), Leasing Agreement (Transtel S A)

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