Common use of TAXES, PERMITS, AND INDEBTEDNESS Clause in Contracts

TAXES, PERMITS, AND INDEBTEDNESS. 18.1. Franchisee shall promptly pay when due all taxes levied or assessed, including, without limitation, unemployment and sales taxes, and all accounts and other indebtedness of every kind incurred by Franchisee in conducting the Franchised Business. Franchisee shall pay Franchisor an amount equal to any sales tax, gross receipts tax, or similar tax (other than income tax) imposed on Franchisor with respect to any payments to Franchisor or WNAP required under this Agreement, unless the tax is credited against income tax otherwise payable by Franchisor or WNAP.

Appears in 3 contracts

Samples: Unit Franchise Agreement (NPC Restaurant Holdings, LLC), Unit Franchise Agreement (Friendco Restaurants Inc), Unit Franchise Agreement (Davco Acquisition Holding Inc)

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TAXES, PERMITS, AND INDEBTEDNESS. 18.1. A. Franchisee shall promptly pay when due all taxes levied or assessed, including, without limitation, unemployment and sales taxes, and all accounts and other indebtedness of every kind incurred by Franchisee in conducting the Franchised Businessconduct of the business franchised under this Agreement. Franchisee shall pay to Franchisor an amount equal to any sales tax, gross receipts tax, or similar tax (other than income tax) imposed on Franchisor with respect to any payments to Franchisor or WNAP required under this Agreement, unless the tax is credited against income tax otherwise payable by Franchisor or WNAPFranchisor.

Appears in 2 contracts

Samples: americanfranchiseassociation.com, Franchise Agreement (Bertuccis of White Marsh Inc)

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