Statutory Exemptions Sample Clauses

Statutory Exemptions. If Owner claims to be exempted from any statutory withholding tax or deduction, it shall inform Charterer in writing and promptly provide any necessary documentation to support such exemptions, including a certificate of exemption or preferential tax treatment from the relevant taxing authority.
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Statutory Exemptions. Contracts for acquisition of the fol- lowing supplies are exempt from the statute:
Statutory Exemptions. If a tax exemption is required by statute, such as by way of example and not by limitation, for religious, charitable or educational institutions, for hospitals, etc., then the parties will share equally in the effects of such exemption. Said sharing shall be proportionate to the millage agreement as outlined within this Agreement.
Statutory Exemptions. The applicability of any statutory exemption shall be determined by Semcac. If state Sales and Use Tax is asserted against Contractor, Contractor shall promptly notify Semcac, which shall assume all defense and settlement thereof at its own expense, provided Semcac has previously issued an exemption certificate to Contractor.
Statutory Exemptions. The GDPR Act recognizes that it is sometimes appropriate to disclose personal data for certain purposes to do with criminal justice or the taxation system. This is a statuary exemption where express consent is not required. In these cases, individuals’ rights may occasionally need to be restricted. This also relates to emergency services. For more information please contact the ICO.
Statutory Exemptions. Any or all portions of this Section shall not be applicable to the extent that Contractor is specifically exempted from said requirements by statute. However, in the event that Contractor is so exempted, Contractor shall provide the legal authority for the claimed exemption.
Statutory Exemptions. If a creditor is able to obtain a judgment against a debtor, the creditor then must attempt to obtain either a lien against the property of the debtor, force the sale of the property, or use some other legal means of acquiring an interest in the property in order to collect on the judgment. In Pennsylvania, as in other states, there are statutes that exempt certain assets from "execution". In effect, the assets listed in these "exemption statutes" are protected from creditors’ claims up to the limits provided in the statute. In varying degrees, all states offer some protection for life insurance under an exemption statute [see 42 PA C.S.A. §8124 and NJSA §17B:24-6(a) and (7) for examples]. Sometimes, the statute is not entirely clear on its face leading to underestimation of its scope. This is true in Pennsylvania. A simple reading of the statute does not reveal whether only death benefits are exempt from execution or whether cash value is exempt, too. Also, the statute limits the exemption to proceeds of life insurance payable to family members and dependents of the insured. Also, the statute does not expressly deal with business insurance. We will find that business life insurance is not covered by the exemption statute as interpreted of the courts. The courts have interpreted Pennsylvania insurance exemption statute many times with generally consistent results over the last century. The following rules of law have been developed in Pennsylvania:
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Statutory Exemptions. Grantor has issued this Award to Grantee as an economic incentive pursuant to the Invest in Illinois Act (the "Act"), 30 ILCS 751/1 et seq., and accordingly, the Award does not support the expenditure of specific costs. Exemptions to certain grant and other State statutory requirements apply to this Award as follows and are controlling over the provisions in PART ONE and PART TWO of this Agreement pursuant to 22.10(b) herein:
Statutory Exemptions. The following Articles of the Agreement are not applicable as they are exempted by 30 ILCS 751/50: Agreement No. 24-883001 (i) 3.5(o) (Illinois Works Review Panel) (ii) 4.4 (Cash Management Improvement Act of 1990) (iii) 4.7 (a)&(b): Interest (iv) 4.8 (Timely Billing Required) (v) 4.9 (Certification)
Statutory Exemptions. If Contractor claims to be exempted from any statutory withholding tax or deduction, it shall inform Company in writing and promptly provide any necessary documentation to support such exemptions, including a certificate of exemption or preferential tax treatment from the relevant taxing authority.
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