Taxes and Levies. 5.1 The PURCHASER shall be liable for payment of all duties, levies and taxes, calculated as from the date of possession and/or occupation (whichever occurs first), but shall not be held liable for any arrears.
Taxes and Levies. That all taxes, levies, assessments, demands or charges levied or leviable in future on the Land or the buildings or any part of the complex including taxes like value added tax, works contract tax, service tax or any other tax both present and future as may be applicable shall be borne and paid by the Purchaser(s) in proportion to the area of the apartment.
Taxes and Levies. The Company will promptly pay and discharge all taxes, assessments, and governmental charges or levies imposed upon the Company or upon its income and profits, or upon any of its property, before the same shall become delinquent, as well as all claims for labor, materials and supplies which, if unpaid, might become a lien or charge upon such properties or any part thereof; provided, however, that the Company shall not be required to pay and discharge any such tax, assessment, charge, levy or claim so long as the validity thereof shall be contested in good faith by appropriate proceedings and the Company shall set aside on its books adequate reserves in accordance with GAAP with respect to any such tax, assessment, charge, levy or claim so contested.
Taxes and Levies. Subject to Clause 7.10, each and any of the Parties shall bear and pay all personal taxes and levies which may be imposed upon it by any government or competent authority relating to the transactions contemplated by this Agreement.
Taxes and Levies. All payments for Products under this Article 7 are exclusive of taxes and each Party shall be responsible for paying all taxes relating to products marketed by that Party (except taxes based upon the other Party’s income), including but not limited to all sales, use, personal property, customs, duties, assessments, levies, and other government impositions of any nature.
Taxes and Levies. All taxes and rates of every kind and nature, except taxes which are measured by the income of the parties, assessed or levied upon the Joint Venture, the Operator or in connection with the JV Property, the JV Activities, or the Petroleum production or the Permit or arising therefrom or pertaining to any taxes paid by the Operator for the benefit of the Parties pursuant to Indonesian Tax Law.
Taxes and Levies. The Contractor must pay all taxes and levies and maintain all registrations, licences and insurances required by law in connection with this Agreement and supply of the Services. The Contractor warrants that they have an Australian Business Number (“ABN”) under the GST Act and has provided the applicable ABN to the Firm and must: continue to have an ABN during the term of this Agreement; quote its ABN on each invoice they provide to the Firm; advise the Firm in writing immediately if its ABN changes or its ABN is cancelled; and indemnify the Firm for any loss or damage suffered or any tax, charge, fine, penalty or other impost which the Firm incurs or becomes liable to pay, as a result of its breach of any of the warranties contained in this clause.
Taxes and Levies. 10.7.1. Definitions ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission.
Taxes and Levies. 16.1. TAKT is obliged to pay taxes on hydrocarbons VAT recoveries and the legally specified up to a maximum rate of 20 % in accordance with the conditions of this contract and royalties in the form of hydrocarbons to be delivered in accordance with Article 8 Point 3 to the Government or in cash, valued in accordance with Article 9. Within the framework of the development project in accordance with Article 7 Point 2 TAKT and the Government shall reach agreement as to whether the taxes and levies are to be paid in cash or in hydrocarbons. In consideration thereof the Government does hereby guarantee that TAKT shall be exempt from all other taxes, levies and fees (i.e. fees for the transfer of the land (lease agreement)), of any kind whatsoever, during the period of validity of this contract. The share of the Government in hydrocarbons recoveries in accordance with Article 8 Point 7 shall cover, in addition to other expenditure, also the expenditure described in this paragraph. This exemption from tax shall only apply to activities connected with this contract.
16.2. The Government does hereby guarantee that TAKT and its employees in the RS and RF shall not pay any import and export duties, or any other levies of any kind whatsoever, for goods, including goods required daily, involved directly and indirectly with the activities. This guarantee also applies to subcontractors appointed by TAKT.
16.3. The Government does hereby guarantee and shall not be subject to the regulations to compulsory purchase for foreign exchange either when importing or exporting capital.
16.4. Taxes and levies shall be paid within 30 days after the termination of each quarter on the basis of the provisional prices and quantities. Within 90 days from the end of a calendar year the taxes and levies shall be established on the basis of exact prices and quantities for the preceding calendar year. Credits in favour of the Government or TAKT shall be settled with the first payment of the current calendar year.
16.5. The aforementioned guarantees apply both to the currently existing and also any future legal situation.
Taxes and Levies. 25.1. In the event that taxes and/or other fiscal charges on Storage Fees and fees according to the Storage Specification, including taxes or other fiscal charges on services forming the basis for such fees, have been introduced, abolished or modified, the Storage Service Provider shall increase or reduce the amount of the Storage Fee agreed in the Storage Specification accordingly, with effect from the date on which such taxes or other fiscal charges were imposed, abolished or changed. This shall also apply to any fees and charges introduced, abolished or modified by virtue of other national, European or international legal regulations, administrative acts or orders issued by any relevant authorities.
25.2. All Storage Fees and other fees according to the Storage Specification shall be exclusive of taxes. Such taxes, if any, shall be paid by the Storage Customer in addition to this fee.
25.3. The Storage Fee and other fees according to the Storage Specification to be paid and including any surcharges shall represent the fee in terms of the applicable Turnover Tax legislation and are exclusive of value added tax (VAT). Any statutory VAT, if any, shall be invoiced and be paid in accordance with applicable legislation by the Storage Customer in addition to the fee mentioned above.
