Taxes, Fees and Levies. (a) Seller shall be obligated to pay all present and future taxes, fees and levies, imposed on or associated with the Facility or Delivery or sale of the Products (“Seller’s Taxes”). Buyer shall be obligated to pay all present and future taxes, fees and levies, imposed on or associated with such Products after the Delivery of such Products to Buyer, or imposed on or associated with the purchase of such Products by Buyer (other than ad valorem, franchise or income taxes which are related to the sale of the Products and are, therefore, the responsibility of Seller) (“Buyer’s Taxes”). In the event Seller shall be required by law or regulation to remit or pay any Buyer’s Taxes, at Seller’s election, Buyer shall reimburse Seller for such payment or Seller may deduct the amount of any such Buyer’s Taxes from any amounts due to Buyer hereunder. In the event Buyer shall be required by law or regulation to remit or pay any Seller’s Taxes, at Buyer’s election, Seller shall reimburse Buyer for such payment, or Buyer may deduct the amount of any such Seller’s Taxes from the amount due to Seller under Section 5.2. Buyer shall have the right to all credits, deductions and other benefits associated with taxes paid by Buyer or reimbursed to Seller by Buyer as described herein. Nothing shall obligate or cause a Party to pay or be liable to pay any taxes, fees and levies for which it is exempt under law.
(b) Seller shall bear all risks, financial and otherwise, throughout the Term, associated with Seller’s or the Facility’s eligibility to receive any federal or state tax credits, to qualify for accelerated depreciation for Seller’s accounting, reporting or tax purposes, or to receive any other favorable tax or accounting right or benefit, or any grant or subsidy from a Governmental Entity or other Person. Seller’s obligations under this Agreement shall be effective regardless of whether the Facility is eligible for or receives, or the transactions contemplated under this Agreement are eligible for or receive, any federal or state tax credits, grants or other subsidies or any particular accounting, reporting or tax treatment.
Taxes, Fees and Levies. Seller shall be obligated to pay all present and future taxes, fees and levies (“Taxes”) which may be assessed by any entity upon the Seller's provision of NEPOOL-GIS Certificates to the Buyer.
Taxes, Fees and Levies. Seller shall be obligated to pay all present and future taxes, fees and levies (“Taxes”) which may be assessed by any entity upon the Seller's performance under this Agreement including but not limited to the purchase and sale of Requirements and both Existing and New Renewable Energy Resource NEPOOL-GIS Certificates to the Buyer, if any. Seller shall pay all Taxes with respect to the Requirements up to and at the Delivery Point, and the Buyer will pay all Taxes with respect to the Requirements after the Delivery Point. All Requirements, including electricity and other related market products delivered hereunder by Seller to the Buyer shall be sales for resale with the Buyer reselling such electricity and products.
Taxes, Fees and Levies. Seller shall be obligated to pay all present and future taxes, fees and levies, imposed on or associated with the Facility or delivery or sale of the Products (“Seller’s Taxes”), unless Buyer collects such taxes, fees and levies upon resale of the Products (as, for example, with a value added tax). Buyer shall be obligated to pay all present and future taxes, fees and levies, imposed on or associated with such Products after Delivery of such Products to Buyer or imposed on or associated with the purchase of such Products (other than ad valorem, franchise or income taxes which are related to the sale of the Products by Seller and are, therefore, the responsibility of Seller) (“Buyer’s Taxes”).
Taxes, Fees and Levies. (a) Seller shall be obligated to pay all present and future taxes, fees and levies, imposed on or associated with the Facility or the Products prior to and at Delivery of such Products to Buyer (“Seller’s Taxes”). Buyer shall be obligated to pay all present and future taxes, fees and levies, imposed on or associated with such Products after Delivery of such Products to Buyer, and imposed on or associated with the purchase of such Products by Buyer (other than ad valorem, franchise or income taxes which are related to the sale of the Products and are, therefore, the responsibility of Seller) (“Buyer’s Taxes”). In the event Seller shall be -29- required by law or regulation to remit or pay any Buyer’s Taxes, Buyer shall reimburse Seller for such payment. In the event Buyer shall be required by law or regulation to remit or pay any Seller’s Taxes, Seller shall reimburse Buyer for such payment, and Buyer may also elect to deduct any of the amount of any such Seller’s Taxes from the amount due to Seller under Section
Taxes, Fees and Levies. The Parties acknowledge and agree that any compensation received under this Agreement is gross of any taxes, fees, and levies of any nature whatsoever which may be imposed by any authority with jurisdiction over any amounts received under this Agreement. Consultant is solely responsible for the payment of all such taxes, fees, and levies.
Taxes, Fees and Levies. Supplier shall be obligated to pay all present and future taxes, fees and levies, imposed on or associated with delivery of the Energy Service Supply up to the Delivery Points. PSNH shall be obligated to pay all present and future taxes, fees and levies, imposed on or associated with such Energy Service Supply at and from the Delivery Points. PSNH shall provide Supplier with any certificate reasonably required by Supplier to evidence such sales for resale. PSNH shall have the right to all credits, deductions and other benefits associated with taxes paid by PSNH or reimbursed to Supplier by PSNH as described herein.
Taxes, Fees and Levies. Seller shall be obligated to pay all present and future taxes, fees and levies which may be assessed upon Seller by any entity upon the purchase or sale of electricity covered by the Agreement. To the extent such taxes, fees, and levies are allowed to be, and are actually, recoverable by NECO from its customers, NECO shall reimburse Seller for such taxes, fees, and levies paid by Seller. It is expressly agreed that Seller shall not be responsible for, and shall be held harmless from, the Rhode Island Tax on gross receipts or earnings (Public Service Corporation Tax, Chapter 44-13 of the Rhode Island General Laws, as amended or superseded).
Taxes, Fees and Levies. Seller shall be obligated to pay all present and future taxes, fees and levies which may be assessed upon Seller by any entity upon the purchase or sale of electricity covered by the Agreement. To the extent such taxes, fees, and levies are allowed to be, and are actually, recoverable by MECO from its customers, MECO shall reimburse Seller for such taxes, fees, and levies paid by Seller.
Taxes, Fees and Levies. Supplier shall be obligated to pay all present and future taxes, fees and levies, imposed on or associated with delivery of the Default Supply Service up to the Delivery Points. NSTAR shall be obligated to pay all present and future taxes, fees and levies, imposed on or associated with such Default Supply Service at and from the Delivery Points. NSTAR shall provide Supplier with any certificate reasonably required by Supplier to evidence such sales for resale. NSTAR shall have the right to all credits, deductions and other benefits associated with taxes paid by NSTAR or reimbursed to Supplier by NSTAR as described herein.
