Taxes and Other Sample Clauses

Taxes and Other. ChargesTaxes and Other Charges -------------------------- Subject to Clauses 5.6(b), 5.10 and 5.11, the Lessee will promptly pay: a. all license and registration fees, Taxes (other than Lessor Taxes) and other amounts of any nature imposed by any Government Entity that are imposed on the Lessee or for which the Lessee is responsible under this Agreement with respect to the Aircraft, including the ownership, delivery, leasing, possession, use, operation, return, sale or other disposition of the Aircraft (where such sale or other disposition arises as a consequence of an Event of Default); and b. all rent, fees, charges, Taxes (other than Lessor Taxes) imposed on the Lessee and other amounts in respect of any premises where the Aircraft or any Part thereof is located from time to time during the Term; except to the extent that such payment is being contested in good faith by appropriate proceedings in respect of which adequate resources have been provided by the Lessee and non-payment of which does not give rise to any material likelihood of the Aircraft or any interest therein being sold, forfeited or otherwise lost or of criminal liability on the part of the Lessor.
AutoNDA by SimpleDocs
Taxes and Other. CHARGES Lessee agrees to comply with all laws, regulations and governmental orders related to this Lease and to the Equipment and its use or possession, and to pay when due, and to defend and indemnify Lessor against liability for all license fees, assessments, and sales, use, property, excise, privilege and other taxes (including any related interest or penalties) or other charges or fees now or hereafter imposed by any governmental body or agency upon any Equipment, or with respect to the manufacturing, ordering, shipment, purchase, ownership, delivery, installation, leasing, operation, possession, use, return, or other disposition thereof or the rentals hereunder (other than taxes on or measured solely by the net income of Lessor). Any fees, taxes or other lawful charges paid by Lessor upon failure of Lessee to make such payments shall at Lessor's option become immediately due from Lessee to Lessor. If any Lease Schedule is denominated as a "TRUE LEASE SCHEDULE," then, with respect to the Equipment set forth on such True Lease Schedule, Lessee and Lessor anticipate that Lessor shall be entitled to the following tax benefits (the "TAX BENEFITS"): Lessor will be entitled to cost recovery deductions under Section 168 of the Internal Revenue Code of 1986, as amended (the "CODE"), using a 200% declining balance method of depreciation switching to the straight line method for the first taxable year for which such method will yield larger depreciation deductions, and assuming a half-year convention and zero salvage value, for the applicable recovery period for such Equipment as set forth in the True Lease Schedule with respect to such Equipment. With respect to Equipment set forth on any such True Lease Schedule, Lessee agrees that: Lessee will not claim that Lessee is the owner of the Equipment subject thereto or that Lessee is otherwise entitled to all or any of the Tax Benefits; Lessee will not take any action inconsistent with Lessor's anticipated Tax Benefits; and the Equipment will not constitute "public utility property" or "tax-exempt use property" within the meaning of Sections 168(i)(10) or 168(h) of the Code. If, as the proximate result of any act, omission and/or misrepresentation of Lessee, there shall be a loss, disallowance, recapture or delay in claiming all or any portion of the Tax Benefits with respect to the Equipment, or there shall be included in Lessor's gross income for Federal, state or local income tax purposes any amount on account o...
Taxes and Other. The Consultant shall be responsible for all state and federal income and self-employment taxes, applicable insurance, including workers’ compensation, and liability.
Taxes and Other. Xxxxxxx shall be responsible for payment of any taxes on the sale of Products. If any taxes are required to be withheld on the royalties due under this Agreement, which taxes would be owed by Supplier, Xxxxxxx shall pay such taxes on behalf of Supplier, provide to Supplier a copy of the withholding tax certificate, and deduct any such payments from the amounts due to Supplier.
Taxes and Other. Charges As between Lessor and Lessee, Lessee shall be responsible for all fees, expenses, charges and other costs related to the use, operation and maintenance of the Aircraft, and shall promptly pay: (a) all license and registration fees, Taxes, Flight Charges and other amounts of any nature imposed by any Government Entity that are imposed on Lessee or for which Lessee is responsible under the Operative Documents with respect to the Aircraft, including any amounts in respect of the delivery, leasing, possession, use, operation, or return of the Aircraft; (b) all rent, fees, charges, Taxes imposed on Lessee and other amounts in respect of any premises where the Aircraft or any Part thereof is located from time to time during the Term; and (c) all sums due by Lessee to any relevant ATC/Airport Authority in respect of all aircraft (including the Aircraft) operated by Lessee before such sums become overdue, except to the extent that such payment is being contested in good faith by appropriate proceedings in accordance with Section 5.13.
Taxes and Other. You agree to pay and be solely responsible for any and all sales taxes, use taxes, value added taxes and duties imposed by any jurisdiction as a result of the license granted to You, or Your use of the Image(s), pursuant to this Agreement.
Taxes and Other. PAYMENTS IMPOSED ON OIL OSL shall indemnify OIL, immediately upon OIL's demand, for any taxes, levies or charges imposed upon OIL, including any payments to the XXX, in connection with Leased Property and/or the Rent, but excluding any income taxes or other taxes imposed by reference to revenues of OIL or earnings of OIL derived from the Rent.
AutoNDA by SimpleDocs
Taxes and Other. CHARGES Lessee shall reimburse Lessor (or pay directly to the appropriate taxing authority if, and only if, so instructed by Lessor) all license fees, assessments and sales, use, gross receipts, property, ad, valorem, excise, privilege and other taxes (including any related interest and penalties) or other charges or fees now or hereafter imposed by any governmental body or agency upon Lessor, Lessee, any Lease or any Equipment, or with respect to the manufacturing, ordering, shipment, purchase, ownership, delivery installation, leasing, operation, possession, use, return, or other disposition thereof or the rentals hereunder (other than taxes on or measured solely by the net income of Lessor). The foregoing indemnity shall continue in full force and effect notwithstanding the expiration or other termination of the Lease.
Taxes and Other. CHARGES Lessee agrees to comply with all laws, regulations and governmental orders related to this Lease and to the Equipment and its use or possession, and to pay when due, and to defend and indemnify Lessor against liability for all license fees, assessments, and sales, use, property, excise, privilege and other taxes (including any related interest or penalties) or other charges or fees now or hereafter imposed by any governmental body or agency upon any Equipment, or with respect to the manufacturing, ordering, shipment, purchase, ownership, delivery, installation, leasing, operation, possession, use, return, or other disposition thereof or the rentals hereunder (other than taxes on or measured solely by the net income of Lessor). Any fees, taxes or other lawful charges paid by Lessor upon failure of Lessee to make such payments shall at Lessor's option become immediately due from Lessee to Lessor. Provided no Event of Default has occurred and remains uncured, Lessee shall prepare, pay and file all personal property tax returns with respect to the Equipment on or before the due date therefor and shall indemnify and hold Lessor harmless from and against any and all claims, costs, penalties, interest arising as a result of Lessee assuming responsibility for such property taxes.
Taxes and Other. (a) Borrower shall pay or shall caused to be paid all Taxes and Other Charges now or hereafter levied or assessed or imposed against the Property or any part thereof as the same become due and payable; provided, however, Borrower’s obligation to directly pay Taxes shall be suspended for so long as Borrower complies with the terms and provisions of Section 9.6
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!