Taxes and Charges definition

Taxes and Charges means the general or special rates, taxes, Value Added Tax (VAT), charges, duties, assessments, impositions, imposts, levies, charges or outgoings whatsoever that are levied by any Government Authority in accordance with the Laws of Bangladesh on and after the Possession Date upon the Demised Premises or upon the owner or occupier in respect thereof or upon the Facility or upon the owner or occupier in respect thereof, including without limitation rates and taxes for the provision of water, sewage and electricity, value-added taxes and any other services or utilities under the Laws of Bangladesh;
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Taxes and Charges means all of the following, without duplication:
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Taxes and Charges. The rent includes taxes and charges as on 1st October 1999 In the case of future changes to taxes and charges, the date stated here will be taken as the point of departure. _______________________________________________________________________________ Place of payment: Rent, etc., shall be paid into the Lessor's account no. 3227-4730-160011 with Den Danske Bank, Sonderborg Branch (bank) or at a place designated by the Lessor. Payment to a bank shall be considered to constitute payment to the designated place of payment. _______________________________________________________________________________ Regulation: HAS IT BEEN AGREED BETWEEN THE PARTIES THAT BY MEANS OF SPECIAL REGULATION CLAUSES IT SHALL BE POSSIBLE TO REGULATE THE RENT ON ANOTHER BASIS THAN THE VALUE OF THE ITEMS LEASED? (tick off) X Yes No Note: If it has been agreed that the rent can be regulated by means of a special regulation clause, such regulation clause shall be stated in Clause 11 herein, together with calculations illustrating the effect hereof. HAS IT MOREOVER BEEN AGREED BETWEEN THE PARTIES THAT THE LESSOR WILL IN ADDITION BE ABLE TO REGULATE THE RENT ON THE BASIS OF THE VALUE OF THE LEASED ITEMS? (tick off) Yes X No Note: IF THE LESSOR HAS GRANTED THE LESSEE INTERMINABILITY, THE AGREED INTERMINABILITY SHALL NOT PREVENT THE INTRODUCTION OF RENT INCREASES IN ACCORDANCE WITH THE GENERAL RULES OF LEASE LEGISLATION OR ANY SPECIAL REGULATION CLAUSES AGREED.
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Examples of Taxes and Charges in a sentence

  • The Subtenant will pay when due all Taxes and Charges applicable to the Subleased Premises or the Subtenant and the Subtenant will fully indemnify and save harmless the Sublandlord in respect of all such Taxes and Charges and any interest or penalty thereon.

  • The Subtenant will give the Sublandlord reasonable proof of the payment of any Taxes and Charges upon the written request of the Sublandlord.

Related to Taxes and Charges

  • Taxes means all present or future taxes, levies, imposts, duties, deductions, withholdings (including backup withholding), assessments, fees or other charges imposed by any Governmental Authority, including any interest, additions to tax or penalties applicable thereto.

  • Impositions means, collectively, all taxes (including, without limitation, all taxes imposed under the laws of any State, as such laws may be amended from time to time, and all ad valorem, sales and use, or similar taxes as the same relate to or are imposed upon Landlord, Tenant or the business conducted upon the Leased Property), assessments (including, without limitation, all assessments for public improvements or benefit, whether or not commenced or completed prior to the date hereof), ground rents (including any minimum rent under any ground lease, and any additional rent or charges thereunder), water, sewer or other rents and charges, excises, tax levies, fees (including, without limitation, license, permit, inspection, authorization and similar fees), and all other governmental charges, in each case whether general or special, ordinary or extraordinary, foreseen or unforeseen, of every character in respect of the Leased Property or the business conducted thereon by Tenant (including all interest and penalties thereon due to any failure in payment by Tenant), which at any time prior to, during or in respect of the Term hereof may be assessed or imposed on or in respect of or be a lien upon (a) Landlord’s interest in the Leased Property, (b) the Leased Property or any part thereof or any rent therefrom or any estate, right, title or interest therein, or (c) any occupancy, operation, use or possession of, or sales from, or activity conducted on, or in connection with the Leased Property or the leasing or use of the Leased Property or any part thereof by Tenant; provided, however, that nothing contained herein shall be construed to require Tenant to pay and the term “Impositions” shall not include (i) any tax based on net income imposed on Landlord, (ii) any net revenue tax of Landlord, (iii) any transfer fee (but excluding any mortgage or similar tax payable in connection with a Facility Mortgage) or other tax imposed with respect to the sale, exchange or other disposition by Landlord of the Leased Property or the proceeds thereof, (iv) any single business, gross receipts tax, transaction privilege, rent or similar taxes as the same relate to or are imposed upon Landlord, (v) any interest or penalties imposed on Landlord as a result of the failure of Landlord to file any return or report timely and in the form prescribed by law or to pay any tax or imposition, except to the extent such failure is a result of a breach by Tenant of its obligations pursuant to Section 3.1.3, (vi) any impositions imposed on Landlord that are a result of Landlord not being considered a “United States person” as defined in Section 7701(a)(30) of the Code, (vii) any impositions that are enacted or adopted by their express terms as a substitute for any tax that would not have been payable by Tenant pursuant to the terms of this Agreement or (viii) any impositions imposed as a result of a breach of covenant or representation by Landlord in any agreement governing Landlord’s conduct or operation or as a result of the negligence or willful misconduct of Landlord.

  • Service Charges means the fees levied by the municipality in terms of its tariff policy for any municipal services rendered in respect of an immovable property and includes any penalties, interest or surcharges levied or imposed in terms of this policy.

  • Charges shall have the meaning assigned to such term in Section 9.09.

  • Unpaid Charges means any charges billed to the Non-Paying Party that the Non-Paying Party did not render full payment to the Billing Party by the Bill Due Date, including where funds were not accessible.

  • Rent and Charges Reserve means the aggregate of (a) all past due rent and other amounts owing by a Loan Party to any landlord, warehouseman, processor, repairman, mechanic, shipper, freight forwarder, broker or other Person who possesses any Collateral or could assert a Lien on any Collateral; and (b) a reserve equal to three months rent and other charges that could be payable to any such Person, unless it has executed a Collateral Access Agreement.

  • Connection Income Taxes means Other Connection Taxes that are imposed on or measured by net income (however denominated) or that are franchise Taxes or branch profits Taxes.

  • Conveyance Taxes means all sales, use, value added, transfer, stamp, share transfer, real property transfer and similar taxes.