Common use of Seller's and Xxxxx's Tax Obligation Clause in Contracts

Seller's and Xxxxx's Tax Obligation. The Seller shall pay or cause to be paid all Tax on or with respect to Certificates Delivered pursuant to an Individual Contract arising before the transfer of risk and title at the Delivery Point. The Buyer shall pay or cause to be paid all Tax on or with respect to the Certificates Delivered pursuant to an Individual Contract arising after the transfer of risk and title at the Delivery Point. Subject to § 12.2 (Payment), the Parties shall pay all Tax arising at the transfer of risk and title at the Delivery Point in accordance with Applicable Laws. In the event that the Seller is required by Law to pay any Tax which is properly for the account of the Buyer, the Buyer shall promptly indemnify or reimburse the Seller in respect of such Tax. In the event that the Buyer is required by Law to pay any Tax which is properly for the account of the Seller, the Buyer may deduct the amount of any such Tax from the sums due to the Seller under the Agreement and the Seller shall promptly indemnify or reimburse the Buyer in respect of any such Tax not so deducted.

Appears in 4 contracts

Samples: www.efet.org, www.efet.org, efet.org

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Seller's and Xxxxx's Tax Obligation. The Seller shall pay or cause to be paid all Tax on or with respect to Certificates Delivered Natural Gas delivered pursuant to an Individual Contract arising before the transfer of risk and title at the Delivery Point. The Buyer shall pay or cause to be paid all Tax on or with respect to the Certificates Delivered Natural Gas delivered pursuant to an Individual Contract arising after the transfer of risk and title at the Delivery Point. Subject to § 12.2 (Payment), §14.2 the Parties shall pay all Tax arising at the transfer of risk and title at the Delivery Point in accordance with Applicable Lawsapplicable local laws. In the event that the Seller is required by Law law to pay any Tax which is properly for the account of the Buyer, the Buyer shall promptly indemnify or reimburse the Seller in respect of such Tax. In the event that the Buyer is required by Law law to pay any Tax which is properly for the account of the Seller, the Buyer may deduct the amount of any such Tax from the sums due to the Seller under the Agreement and the Seller shall promptly indemnify or reimburse the Buyer in respect of any such Tax not so deducted.

Appears in 4 contracts

Samples: General Agreement, General Agreement, efet.org

Seller's and Xxxxx's Tax Obligation. The Seller shall pay or cause to be paid all Tax on or with respect to Certificates Delivered pursuant to an Individual Contract under this Agreement arising before the transfer of risk and title at the Delivery Point. The Buyer shall pay or cause to be paid all Tax on or with respect to the Certificates Delivered pursuant to an Individual Contract under this Agreement arising after the transfer of risk and title at the Delivery Point. Subject to § 12.2 11.2 (Payment), the Parties shall pay all Tax arising at the transfer of risk and title at the Delivery Point in accordance with Applicable Laws. In the event that the Seller is required by Law to pay any Tax which is properly for the account of the Buyer, the Buyer shall promptly indemnify or reimburse the Seller in respect of such Tax. In the event that the Buyer is required by Law to pay any Tax which is properly for the account of the Seller, the Buyer may deduct the amount of any such Tax from the sums due to the Seller under the Agreement and the Seller shall promptly indemnify or reimburse the Buyer in respect of any such Tax not so deducted.

Appears in 1 contract

Samples: www.efet.org

Seller's and Xxxxx's Tax Obligation. The Seller shall pay or cause to be paid all Tax on or with respect to Certificates Delivered electricity delivered pursuant to an Individual Contract arising before the transfer of risk and title at the Delivery Point. The Buyer shall pay or cause to be paid all Tax on or with respect to the Certificates Delivered electricity delivered pursuant to an Individual Contract arising after the transfer of risk and title at the Delivery Point. Subject to § 12.2 (Payment), §14.2 the Parties shall pay all Tax arising at the transfer of risk and title at the Delivery Point in accordance with Applicable Lawsapplicable local laws. In the event that the Seller is required by Law law to pay any Tax which is properly for the account of the Buyer, the Buyer shall promptly indemnify or reimburse the Seller in respect of such Tax. In the event that the Buyer is required by Law law to pay any Tax which is properly for the account of the Seller, the Buyer may deduct the amount of any such Tax from the sums due to the Seller under the Agreement and the Seller shall promptly indemnify or reimburse the Buyer in respect of any such Tax not so deducted.

Appears in 1 contract

Samples: efet.org

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Seller's and Xxxxx's Tax Obligation. The Seller shall pay or cause to be paid all Tax on or with respect to EECS Certificates Delivered pursuant to an Individual Contract arising before the transfer of risk and title at the Delivery Point. The Buyer shall pay or cause to be paid all Tax on or with respect to the EECS Certificates Delivered pursuant to an Individual Contract arising after the transfer of risk and title at the Delivery Point. Subject to § 12.2 (Payment), the Parties shall pay all Tax arising at the transfer of risk and title at the Delivery Point in accordance with Applicable Lawsapplicable local laws. In the event that the Seller is required by Law law to pay any Tax which is properly for the account of the Buyer, the Buyer shall promptly indemnify or reimburse the Seller in respect of such Tax. In the event that the Buyer is required by Law law to pay any Tax which is properly for the account of the Seller, the Buyer may deduct the amount of any such Tax from the sums due to the Seller under the Agreement and the Seller shall promptly indemnify or reimburse the Buyer in respect of any such Tax not so deducted.

Appears in 1 contract

Samples: recs.org

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