Common use of Statutory Exemptions Clause in Contracts

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.

Appears in 2 contracts

Sources: Fpso Charter Contract, Fpso Charter Contract (Murphy Oil Corp /De)