Common use of Taxes and Government Charges Clause in Contracts

Taxes and Government Charges. Any and all payments by or on account of any obligation of NetSuite KK hereunder shall be made free and clear of and without deduction for any taxes, levies, imposts, duties, deductions, charges or withholdings imposed by any governmental authority (“Taxes”); provided, however, that if NetSuite KK shall be required to deduct or withhold any Taxes from such payments, then the sum payable shall be increased as necessary so that after making all required deductions or withholdings (including deductions applicable to additional sums payable under this Section 6.9) NetSuite receives an amount equal to the sum it would have received had no such deductions been made. NetSuite KK shall deliver to NetSuite the original or a certified copy of a receipt issued by such governmental authority evidencing payment of any such Taxes. If NetSuite is entitled to an exemption from or reduction of withholding tax under an applicable income tax treaty with respect to payments under this Agreement, then NetSuite, upon the written request of NetSuite KK, shall deliver to NetSuite KK such properly completed and executed documentation prescribed by applicable law or reasonably requested by NetSuite KK as will permit such payments to be made without withholding or at a reduced rate.

Appears in 2 contracts

Samples: Distribution Agreement, Distribution Agreement (Netsuite Inc)

AutoNDA by SimpleDocs

Taxes and Government Charges. Any and all payments by or on account of any obligation of NetSuite KK Reseller hereunder shall be made free and clear of and without deduction for any taxes, levies, imposts, duties, deductions, charges or withholdings imposed by any governmental authority (“Taxes”); provided, however, that if NetSuite KK Reseller shall be required to deduct or withhold any Taxes from such payments, then the sum payable shall be increased as necessary so that after making all required deductions or withholdings (including deductions applicable to additional sums payable under this Section 6.94.4) NetSuite receives an amount equal to the sum it would have received had no such deductions been made. NetSuite KK Reseller shall deliver to NetSuite the original or a certified copy of a receipt issued by such governmental authority evidencing payment of any such Taxes. If NetSuite is entitled to an exemption from or reduction of withholding tax under an applicable income tax treaty with respect to payments under this Agreement, then NetSuite, upon the written request of NetSuite KKReseller, shall deliver to NetSuite KK Reseller such properly completed and executed documentation prescribed by applicable law or reasonably requested by NetSuite KK Reseller as will permit such payments to be made without withholding or at a reduced rate.

Appears in 2 contracts

Samples: Preferred Reseller Agreement, Preferred Reseller Agreement (Netsuite Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!