Common use of Taxes and Duties Incurred outside Korea Clause in Contracts

Taxes and Duties Incurred outside Korea. The BUILDER shall bear and pay all taxes, duties, stamps and fees incurred outside Korea in connection with execution and/or performance of this Contract including guarantee matter as the BUILDER. The BUYER shall bear and pay all taxes, duties, stamps and fees incurred outside Korea in connection with execution and/or performance of this Contract as the BUYER. (End of Article)

Appears in 7 contracts

Samples: www.dieselduck.info, Construction and Sale (Danaos Corp), Construction and Sale (Danaos Corp)

AutoNDA by SimpleDocs

Taxes and Duties Incurred outside Korea. The BUILDER Buyer shall bear and pay all taxes, duties, stamps and fees and bank charges and expenses incurred outside Korea in connection with execution and/or performance of this Contract including guarantee matter as Korea, except at the BUILDER. The BUYER shall bear and pay all taxesBuilder’s Bank, duties, stamps and fees incurred outside Korea in connection with execution and/or performance of this Contract as the BUYER. (End of Article)BUYER but shall include any taxes and duties imposed upon the Buyer’s Supplies in Korea.

Appears in 4 contracts

Samples: Shipbuilding Contract (Ardmore Shipping Corp), Shipbuilding Contract (Ardmore Shipping Corp), Shipbuilding Contract (Ardmore Shipping Corp)

Taxes and Duties Incurred outside Korea. The BUILDER shall bear and pay all taxes, duties, stamps and fees incurred outside Korea in connection with execution and/or performance of this Contract including guarantee matter as the BUILDER. The BUYER shall bear and pay all taxes, duties, stamps and fees incurred outside Korea in connection with execution and/or performance of this Contract as the BUYER, except for taxes and duties imposed upon those items to be procured by the BUILDER for construction. (End of Article)

Appears in 4 contracts

Samples: Construction and Sale (DryShips Inc.), Construction and Sale (DryShips Inc.), Contract (DryShips Inc.)

Taxes and Duties Incurred outside Korea. The BUILDER OWNER shall bear and pay all taxes, duties, stamps and fees incurred outside Korea in connection with execution and/or performance of this Contract including guarantee matter as the taxes (other than taxes on income imposed on BUILDER. The BUYER shall bear and pay all taxes), duties, stamps and fees incurred outside Korea in connection with execution and/or performance of this Contract as the BUYEROWNER, except for taxes and duties imposed upon those items (other than OWNER's Supplies) to be procured by or for the BUILDER for construction of the VESSEL which shall be the responsibility of the BUILDER. (End of Article)

Appears in 2 contracts

Samples: R&b Falcon Corp, R&b Falcon Corp

Taxes and Duties Incurred outside Korea. The BUILDER shall bear and pay all taxes, duties, stamps and fees incurred outside Korea in connection with execution and/or performance of this Contract including guarantee matter as the BUILDER. The BUYER shall bear and pay all taxes, duties, stamps and fees incurred outside Korea in connection with execution and/or performance of this Contract as the BUYER, except for taxes and duties imposed upon those items to be procured by the BUILDER for construction of the VESSEL. (End of Article)

Appears in 2 contracts

Samples: Stolt Nielsen S A, Stolt Nielsen S A

AutoNDA by SimpleDocs

Taxes and Duties Incurred outside Korea. The BUILDER shall bear and pay all taxes, duties, stamps and fees incurred outside Korea in connection with execution and/or performance of this Contract including guarantee matter as the BUILDER. The BUYER shall bear and pay all taxestaxes (other than taxes on income imposed on BUILDER), duties, stamps and fees incurred outside Korea in connection with execution and/or performance of this Contract as the BUYER, except for taxes and duties imposed upon those items (other than BUYER's Supplies) to be procured by or for the BUILDER for construction of the DRILLSHIP which shall be the responsibility of the BUILDER. (End of Article)) ------------------------------------------

Appears in 1 contract

Samples: R&b Falcon Corp

Taxes and Duties Incurred outside Korea. The BUILDER shall bear and pay all taxes, duties, stamps and fees incurred outside Korea in connection with execution and/or performance of this Contract including guarantee matter as the BUILDER. The BUYER shall bear and pay all taxes, duties, stamps and fees incurred outside Korea in connection with execution and/or performance of its obligations under this Contract as Contract, except for taxes and duties imposed upon those items to be procured by the BUYERBUILDER for the construction of the VESSEL. (End end of Article)

Appears in 1 contract

Samples: Danaos Corp

Time is Money Join Law Insider Premium to draft better contracts faster.