Common use of Tax equalisation Clause in Contracts

Tax equalisation. Cheniere Supply & Marketing, Inc. will also pay to ▇▇ ▇▇▇▇▇▇▇▇▇ an annual sum equivalent in pounds sterling to 200,000 euros by way of "tax equalisation", from which shall be deducted the equivalent in euros of the Housing Allowance which is paid pursuant to clause 5.11.

Tax equalisation. Cheniere Supply & Marketing, Inc. will also pay to ▇▇ ▇▇▇▇▇▇▇▇▇ an annual the sum of the Pounds Sterling equivalent in pounds sterling to value of EUR 200,000 euros by way of "tax equalisation", from which shall be deducted minus the Euro equivalent in euros of the Housing Allowance which is paid pursuant per annum by way of a contribution to clause 5.11a tax equalisation payment.