Taxes and Royalties. If at any point in time Patriot notifies COALSALES II in writing that it is obligated to pay federal, state or local taxes (except for taxes on Patriot’s income or property), or private royalties as a result of a Monthly Prepayment received, then COALSALES II shall promptly reimburse Patriot for all such taxes or royalties assessed against and actually paid by Patriot related to such Monthly Prepayment.
Taxes and Royalties. 13.1 Shipper shall be obligated to pay all Taxes levied, assessed or collected with respect to the production of Shipper’s Oil or the delivery thereof to the Receipt Points, including any Tax levied, assessed or collected as a result of any Change in Law. In addition, Shipper shall be obligated to pay all Taxes levied, assessed or collected with respect to the services rendered hereunder to the extent that any such Tax is levied, assessed or collected as a result of any Change in Law. To the extent any such Taxes are not assessed directly with respect to Shipper’s Oil or the services rendered hereunder, Gatherer shall calculate and assess any such Taxes on a pro rata basis (calculated on a per Barrel basis based on the volume of Shipper’s Oil on the Gathering System at the time such calculation is made). Notwithstanding the foregoing, any (i) Tax that may be based on the gross revenues, operating income or net income of Gatherer, or (ii) ad valorem, real property, personal property or similar Taxes based on ownership of the Gathering System, shall be borne by Gatherer.
13.2 Shipper shall timely pay all Taxes described in Section 13.1. In the event that Shipper fails to timely pay any such Taxes, Gatherer may, upon two (2) Days’ notice, pay them and deduct the amount so paid from any sums owned by Gatherer to Shipper hereunder.
13.3 In addition to the Taxes described in Section 13.1, Shipper shall be responsible for the payment of all royalties, overriding royalties, production payments, fees, charges or other payments attributable to Shipper’s Oil (including any such royalties, overriding royalties, production payments, fees, charges or payments with respect to liquefiable hydrocarbons or other constituents contained therein or removed therefrom).
Taxes and Royalties. 4.4.1 Each of the Sellers as to its Seller’s Percentage shall pay or cause to be paid all royalties, taxes, duties, levies and other sums arising in respect of production, transportation, gathering, processing and handling of Natural Gas before delivery by such Seller to the Buyer at the Delivery Point.
4.4.2 The Buyer shall pay or cause to be paid all taxes, duties, levies and other sums arising in respect of receipt, processing, handling and transportation of Natural Gas after delivery to the Buyer by each of the Sellers at the Delivery Point.
4.4.3 All and any royalties, taxes, duties, levies or other sums arising at the Delivery Point shall be borne by the Parties as specified in the applicable legislation or other charging provisions.
4.4.4 Notwithstanding the above, the Buyer shall also bear and pay or (as the case may be) timely reimburse each of the Sellers in respect of any:
(a) Value Added Tax payable pursuant to Israeli Law in relation to Gas sold by such Seller to the Buyer under this Agreement;
(b) Excise Duty payable pursuant to the Excise Law on Fuels-1958 and Purchase Tax payable pursuant to the Purchase Tax Law- 1952, as applicable, and any other similar law, in relation to Gas sold by such Seller to the Buyer under this Agreement; and
(c) Any new tax, duty or levy imposed pursuant to Israeli Law on Natural Gas in relation to Gas sold by such Seller to the Buyer under this Agreement, provided (**).
Taxes and Royalties a. Seller shall be responsible for all license, privilege, severance, excise, ad valorem (excluding those defined in Section 11(b), conservation, taxes (excluding those defined in Section 1l(f)), charges, duties, imposts, fees and sales and use taxes ("Taxes") levied with respect to helium or Gaseous Helium under existing or future law, when such tax is calculated on the basis or privilege of any of the following that occurs or are assessed at any state prior to possession, risk and title to such Gaseous Helium passing to Buyer at the Delivery Point.
b. Buyer shall be responsible for the amount of any Taxes levied under existing or future law in respect of Gaseous Helium supplied under this Agreement or in respect of the sale, delivery, export, ownership, transportation or use of such Gaseous Helium in respect of any stage after possession, risk and title in respect of such Gaseous Helium has passed to Buyer at the Delivery Point, and all such Taxes shall be for Buyer's account, notwithstanding that such Taxes may be levied or imposed on Seller.
c. Prices under this Agreement are exclusive of any applicable sales or valued added taxes.
d. If applicable, Buyer shall provide Seller with a purchase exemption certificate (or any similar document) or any relevant information to support any reasonable exemption from Taxes claimed in respect of any Gaseous Helium sold pursuant to this Agreement and on such purchases Seller shall not collect Taxes from Buyer and Buyer shall have no obligation to pay such Taxes to Seller. To the extent Buyer intends to claim any reasonable exemption from Taxes, Buyer hereby represents, warrants and covenants that all conditions and requirements of such exemption are met. If such conditions and requirements are not complied with in respect of a particular sale under this Agreement such that an amount on account of Taxes becomes payable by Buyer and is required to be collected by Seller, or if for any other reason any amount on account of Taxes becomes payable by Buyer and is required to be collected by Seller on any sale of Gaseous Helium made by Seller under this Agreement, Buyer shall be liable for and shall pay to Seller the applicable amount of Taxes, at the same time as payment for such sale is required to be made, and in all events in a timely manner, in accordance with this Agreement, plus any amount of interest or penalties assessed in respect thereof.
e. No Party to this Agreement shall bear responsibility for any income, f...
Taxes and Royalties. 4.3.1 Each of the Sellers as to its Seller’s Percentage shall pay or cause to be paid all royalties, taxes, duties, levies and other sums arising in respect of production, transportation, gathering, processing and handling of Natural Gas before delivery by such Seller to the Buyer at the Delivery Point.
4.3.2 The Buyer shall pay or cause to be paid all taxes, duties, levies and other sums arising in respect of receipt, processing, handling and transportation of Natural Gas at or after delivery to the Buyer by each of the Sellers at the Delivery Point.
4.3.3 Notwithstanding the above, the Buyer shall also bear and pay or (as the case may be) promptly reimburse each of the Sellers in respect of any:
(a) Value Added Tax payable pursuant to Israeli Law in relation to Gas sold by such Seller to the Buyer under this Agreement;
(b) Excise Duty payable pursuant to the Excise Law on Fuels-1958 and Purchase Tax payable pursuant to the Purchase Tax Law-1952 as applicable, and any other similar law, in relation to Gas sold by such Seller to the Buyer under this Agreement; and
(c) In the event any new taxes are levied by the authorities in Israel after the date hereof on any of the Sellers in respect of production, transportation, gathering, processing and handling of Natural Gas before delivery by the Sellers to the Buyer at the Delivery Point (“New Taxes”), the Sellers may increase the Contract Price by up to [***] in each [***] year period to reflect the financial impact of such New Taxes. If such New Taxes are in excess of [***] of the Contract Price in each [***] year period and the Sellers do not wish to bear the New Taxes in excess of [***] of the Contract Price, the Sellers shall so notify the Buyer and if within thirty (30) days of such notice the Parties have not reached an agreement with respect to a price adjustment above [***], then either Party shall be entitled to terminate this Agreement by ninety (90) Day written notice to the other.
Taxes and Royalties. For greater certainty, in calculating Gross Profits at any time, each of the classes of Costs shall constitute a separate pool from which all Costs deducted on any previous quarterly calculation shall be removed and to which Costs of those classes recorded since the date of this agreement (in the case of the first quarterly calculation) or since the date of the last quarterly calculation (in the case of any calculation subsequent to the first quarterly calculation) shall be added.
Taxes and Royalties. All due and payable ad valorem, property, production, severance and similar taxes and assessments based on or measured by the ownership of property or the production of natural gas or the receipt of proceeds therefrom on RMG’s interests in the Leases, which become due prior to the Closing Date for any periods prior to the Closing Date, have been properly paid. RMG has not received a written notice of default, non-payment of taxes or mispayment of taxes which remains uncured.
Taxes and Royalties. (a) RE Gas will pay any and all taxes, levies, penalties or charges imposed by any governmental entities (collectively “Taxes”), including but not limited to any ad valorem, production, severance, or similar Taxes, assessed against the Gas prior to its delivery to BP hereunder and RE Gas will indemnify, defend and hold BP harmless therefrom. BP will pay all Taxes assessed at and after the Gas is delivered by RE Gas at the Delivery Point, and BP will indemnify, defend and hold RE Gas harmless therefrom. If a Party pays Taxes that are the responsibility of the other Party, the responsible Party will immediately reimburse such Party. If a Party is exempt from any Taxes, it will provide any necessary documentation thereof to the other Party upon request.
(b) If a Party is required to remit or pay Taxes that are the other Party’s responsibility hereunder, the Party responsible for such Taxes will promptly reimburse the other Party for such Taxes, except to the extent either Party has filed, or provides prior notice to the other Party that it will timely file, a good faith protest, contest, dispute or complaint with the taxing authority or applicable court with jurisdiction, which tolls the requirement to pay such Taxes. Any Party is entitled to make such good faith protests, contests, disputes or complaints with the applicable taxing authority or applicable court with jurisdiction or to file for a request for refund for such Taxes already paid in a timely manner as to any Taxes that it is responsible to pay or remit or for which it is responsible to pay or reimburse the other Party. In the event either Party makes such filings, the other Party will cooperate with such filing Party by providing any relevant information within that Party’s possession or control, which will support the filing Party’s filing upon request by and as specified by the filing Party. Upon the issuance by the taxing authority or court of a final, non-appealable order, which lifts the tolling of an obligation to pay and requires payment of the applicable Taxes, and absent a stay of such order, the responsible Party will either pay directly to the applicable taxing authority, or reimburse the other Party for, such Taxes and any other amounts (including interest) required by such order.
Taxes and Royalties. 16.01 All production, severance, excise, ad valorem processing, Btu and other taxes, imposed or levied by any state government or the federal government or any governmental agency on the Gas delivered by Shipper for Gathering hereunder and any and all other taxes or fees now or hereafter so levied, assessed, or collected on such Gas shall be the liability of Shipper. In the event Gatherer is required to collect or permit any such tax, then Gatherer may invoice Shipper monthly for the amount thereof. Shipper shall identify and hold Gatherer harmless from any and all charges, penalties, costs and expenses of whatever kind or nature arising from Shipper's failure to pay such taxes, including, but not required to, the cost and expense of any litigation on and reasonable attorney's fees associated therewith. Notwithstanding any provision contained herein, Shipper shall not be responsible for any tax levied against Gatherer.
16.02 Shipper shall make any and all royalty or overriding royalty payments or other payments due or which may become due to any party on the Gas delivered to Gatherer hereunder under the terms of any Lease(s) or under the terms of any assignments, contracts, or any agreements affecting Gas delivered by Shipper to Gatherer. Shipper shall indemnify and hold Gatherer harmless from any and all charges, loss, costs or expenses of whatever kind or nature arising from Shipper's failure to make any such payments, including, but not limited to, the costs and expenses of any litigation and reasonable attorney's fees associated therewith.
16.03 Shipper's indemnification's hereunder shall survive any termination of this Agreement for all claims and liabilities arising from actions or events prior to termination of this agreement.
Taxes and Royalties. Strata shall be responsible for all property taxes and any other taxes or governmental charges, royalties or fees upon the mining, severance from the ground, ownership, possession, sale or use of any Resins, the uranium content of such Resins, and the Concentrate, including any such taxes or fees charged while the Resins or Concentrate are in the possession of U1 for processing under this Agreement, [***].
