Common use of Sales Tax or Other Transfer Taxes Clause in Contracts

Sales Tax or Other Transfer Taxes. Service Charges are exclusive of, and payer shall bear and timely pay, any and all sales, use, value-added, transfer and other similar Taxes (and any related interest and penalties) imposed on, or payable with respect to, any Service Charges payable by payer pursuant to this Agreement; provided that (i) to the extent such Taxes are required to be collected and remitted by the payee with respect to such Service Charges, the payer shall pay such Taxes to the payee upon receipt of an invoice from the payee, and (ii) for the avoidance of doubt, such Service Charges shall be inclusive of, and the payer shall not bear, any income and similar Taxes imposed on or payable by the payee.

Appears in 4 contracts

Samples: Intercompany Services Agreement (BAKER HUGHES a GE Co LLC), Intercompany Services Agreement (Baker Hughes a GE Co), Intercompany Services Agreement (BAKER HUGHES a GE Co LLC)

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Sales Tax or Other Transfer Taxes. Service Charges are exclusive of, and payer shall bear and timely pay, any and all sales, use, value-added, transfer and other similar Taxes (and any related interest and penalties) imposed on, or payable with respect to, any Service Charges payable by payer pursuant to this AgreementAgreement ; provided that (i) to the extent such Taxes are required to be collected and remitted by the payee with respect to such Service ChargesCharges , the payer shall pay such Taxes to the payee upon receipt of an invoice from the payee, and (ii) for the avoidance of doubt, such Service Charges shall be inclusive of, and the payer shall not bear, any income and similar Taxes imposed on or payable by the payee.

Appears in 1 contract

Samples: Intercompany Services Agreement

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