Common use of Taxes Generally Clause in Contracts

Taxes Generally. The Company must: (a) pay any Tax (other than Excluded Tax) required to be paid to any Governmental Authority which is payable in respect of any Transaction Document or any Contemplated Transaction, including in respect of: (i) the execution, delivery, performance, release, discharge, amendment or enforcement of any Transaction Document or any Contemplated Transaction; and (ii) any payment received by the Investor from the Company (including under any indemnity by the Company); (b) pay any fine, penalty or other cost in respect of a failure to pay any Tax as required by this clause 10.1; and (c) indemnify the Investor against all Losses which the Investor pays, suffers, incurs, or is liable for, in connection with: (i) the delay or failure by the Company to pay any Tax, fine, penalty or other cost as required by this clause 10.1; and/or (ii) any enquiry, litigation or administrative proceedings taken against or involving the Investor in connection with any claim or assessment for Tax in relation to any of the documents or transactions referred to in this clause 10.1.

Appears in 3 contracts

Sources: Convertible Securities Agreement (G Medical Innovations Holdings Ltd.), Convertible Securities Agreement (G Medical Innovations Holdings Ltd.), Convertible Securities Agreement (G Medical Innovations Holdings Ltd.)

Taxes Generally. The Company must: (a) pay any Tax (other than Excluded Tax) required to be paid to any Governmental Authority which is payable in respect of any Transaction Document or any Contemplated Transaction, including in respect of: (i) the execution, delivery, performance, release, discharge, amendment or enforcement of any Transaction Document or any Contemplated Transaction; and (ii) any payment received by the Investor from the Company (including under any indemnity by the Company); (b) pay any fine, penalty or other cost in respect of a failure to pay any Tax as required by this clause 10.113.1; and (c) indemnify the Investor against all Losses which the Investor pays, suffers, incurs, or is liable for, in connection with: (i) the delay or failure by the Company to pay any Tax, fine, penalty or other cost as required by this clause 10.113.1; and/or (ii) any enquiry, litigation or administrative proceedings taken against or involving the Investor in connection with any claim or assessment for Tax in relation to any of the documents or transactions referred to in this clause 10.113.1.

Appears in 1 contract

Sources: Funding Agreement (NOVONIX LTD)

Taxes Generally. The Company must: (a) pay any Tax (other than Excluded Tax) required to be paid to any Governmental Authority which is payable in respect of any Transaction Document or any Contemplated Transaction, including in respect of: (i) the execution, delivery, performance, release, discharge, amendment or enforcement of any Transaction Document or any Contemplated Transaction; and (ii) any payment received by the Investor from the Company (including under any indemnity by the Company); (b) pay any fine, penalty or other cost in respect of a failure to pay any Tax as required by this clause 10.1‎12.1; and (c) indemnify the Investor against all Losses which the Investor pays, suffers, incurs, or is liable for, in connection with: (i) the delay or failure by the Company to pay any Tax, fine, penalty or other cost as required by this clause 10.1‎12.1; and/or (ii) any enquiry, litigation or administrative proceedings taken against or involving the Investor in connection with any claim or assessment for Tax in relation to any of the documents or transactions referred to in this clause 10.1‎12.1.

Appears in 1 contract

Sources: Convertible Securities Agreement (Anteris Technologies Global Corp.)