TITLE/TAXES. Customer warrants that Customer has good title to and the right to possess the Product. Customer shall continuously hold title to all Product in the System and Magellan shall not be liable as an insurer of the Product. Customer shall pay any taxes, including ad valorem taxes, assessments or charges, which may be assessed against the Product stored by Customer under this Agreement. Customer agrees to reimburse Magellan for any such taxes, assessments or charges paid by Magellan for the benefit of Customer or as required by law on behalf of Customer, within thirty (30) days of Magellan’s demand therefor.
Appears in 5 contracts
Samples: Galena Park Dock Capacity Allocation Contract, Seabrook Dock Capacity Allocation Contract, Seabrook Dock Capacity Allocation Contract
TITLE/TAXES. Customer warrants that Customer has good title to and the right to possess the Product. Customer shall continuously hold title to all Product in the System and Magellan shall not be liable as an insurer of the Product. Customer shall pay any taxes, including ad valorem taxes, assessments or charges, which may be assessed against the Product stored by Customer under this Agreement. Customer agrees to reimburse Magellan for any such taxes, assessments or charges paid by Magellan Xxxxxxxx for the benefit of Customer or as required by law on behalf of Customer, within thirty (30) days of MagellanXxxxxxxx’s demand therefor.
Appears in 3 contracts
Samples: Seabrook Dock Capacity Allocation Contract, Galena Park Dock Capacity Allocation Contract, Seabrook Dock Capacity Allocation Contract
