VAT and Similar Taxes. All amounts paid by Synergy to Knight under this Agreement are exclusive of, and Synergy shall pay any sales, use, rental, custom, excise, stamp documentary, value added, consumption or other similar Taxes, duties, levies, fees or charges that may be assessed in any jurisdiction resulting from or arising under this Agreement. Knight shall collect and remit such taxes, duties, levies, fees or charges as required under Law.
VAT and Similar Taxes. All amounts paid by SVC to Knight under this Agreement are exclusive of, and SVC shall pay any sales, use, rental, custom, excise, stamp documentary, value added, consumption or other similar Taxes, duties, levies, fees or charges that may be assessed in any jurisdiction resulting from or arising under this Agreement. Knight shall collect and remit such taxes, duties, levies, fees or charges as required under Law.
VAT and Similar Taxes. All amounts paid by Nomad to Knight under this Agreement are exclusive of, and Nomad shall pay any sales, use, rental, custom, excise, stamp documentary, value added, consumption or other similar Taxes, duties, levies, fees or charges that may be assessed in any jurisdiction resulting from or arising under this Agreement. Knight shall collect and remit such taxes, duties, levies, fees or charges as required under Law.
VAT and Similar Taxes. In the event that value added tax, sales tax, or other similar taxes are imposed on gross revenues or charges, with respect to the whole or any part of the Net FX Margin, such taxes shall be shared by the parties in the same proportion as they share the Net FX Margin. To the extent that such taxes are recoverable from or chargeable * Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. to Acquirer Merchants (or any other third person), such amount recovered or charged shall be shared by the parties in the same proportion as they share the Net FX Margin.
VAT and Similar Taxes. In the event that value added taxes or sales taxes are imposed on gross revenues or charges, with respect to the whole or any part of the Net FX Margin, such taxes shall be shared by the parties in the same proportion as they share the Net FX Margin. To the extent that such taxes are recoverable from or chargeable to Acquirer Merchants (or any other third person), such amount recovered or charged shall be shared by the parties in the same proportion as they share the Net FX Margin. Notwithstanding the foregoing, each party shall be solely responsible for business, income, or other similar taxes imposed (via withholding or otherwise) on the revenue share or other amounts paid to such party under this Agreement. Acquirer and Planet Payment agree that each has been independently advised that as of the date of this Agreement, payments to Planet Payment are not subject to withholding tax, but this fact may change in the event there is a change in the law of the Designated Territory.
VAT and Similar Taxes. In the event that value added tax, sales tax, or other similar taxes are imposed on gross revenues or charges, with respect to the whole or any part of the Net FX Margin, such taxes shall be shared by the parties in the same proportion as they share the Net FX Margin. To the extent that such taxes are recoverable from or chargeable to Acquirer Merchants (or any other third person), such amount recovered or charged shall be shared by the parties in the same proportion as they share the Net FX Margin.
VAT and Similar Taxes. The parties understand and agree that the Deferred Payments have been determined exclusive of VAT, and believe as of the date hereof that any applicable VAT rate would be 0%. If in the reasonable opinion of the Company's counsel the VAT rate is not 0%, then Purchaser shall be entitled to file a request pursuant to Section 20 of Israeli Value Added Tax Law with respect to the transactions contemplated hereby (the "VAT Request"). At Purchaser's request and expense, the Company shall cooperate with Purchaser in preparing and filing the VAT Request. If Purchaser does not file a VAT Request, or if the VAT Request is denied, the applicable VAT, to the extent required to be paid, shall be paid by Purchaser to the Company at any time after the date on which the applicable portion of the Deferred Payment is payable in accordance with this Agreement, but not later than two (2) Business Days prior to the date upon which the Company is required to remit the applicable VAT to the Israeli VAT Authorities, against receipt by Purchaser of a valid VAT invoice from the Company. The Company will furnish an invoice to Purchaser reflecting a VAT rate of 0% unless in the reasonable opinion of counsel to the Company the VAT rate is not 0%.
VAT and Similar Taxes. The remuneration referred to in clause 9.1, any additional special remuneration payable under clause 9.3 shall be exclusive of any value added tax, sales tax, use tax or any similar transaction tax which shall be added at the rate applicable in the circumstances and paid by P&O Princess and/or Carnival, as the case may be.
VAT and Similar Taxes. 3.3.1. The Charges do not include any applicable value added or similar tax which may from time to time be applicable in any relevant jurisdiction and shall be added to the Charges at the prevailing rate. 3.3.2. The Parties acknowledge that the fees for the Services have been calculated on the assumption that SW is entitled to full recovery of input VAT wholly or partly attributable to the provision of such Services. If for any reason such assumption is or becomes incorrect then the parties will agree revisions to the fees for the Services to restore SW to the same position as it would have been in had the assumption been, or continued to be, correct. 3.3.3. In the event that the VAT liability of the services provided by SW changes through amendments to VAT law, case law or HMRC’s interpretation of the legislation then the parties will meet to discuss the impact of such changes, any necessary recovery of overpaid VAT from HMRC for any affected retrospective period of time and agree any necessary revisions to the fees or the services provided under change control. 3.3.4. The Charges are stated net of any taxes, levies and duties; including (without limitation) any form of withholding tax, payable by SW in the provision of the Services outside of the United Kingdom. In the case that SW becomes liable for any tax liability, levy or duty due to the provision of the Services outside of the United Kingdom; the Customer shall reimburse the Supplier on demand.
