Common use of Taxes/ Permits Clause in Contracts

Taxes/ Permits. AND INDEBTEDNESS -------------------------------- A. You must promptly pay when due all taxes levied or assessed, including, unemployment and sales taxes, and all accounts and other indebtedness of every kind incurred by you in the conduct of the business licensed under this Agreement. You must pay to us an amount equal to any sales tax, gross receipts tax, or similar tax (other than income tax, or similar tax) imposed on us with respect to any payments to us required under this Agreement, unless the tax is credited against income tax otherwise payable by us. B. In the event of any bona fide dispute as to your liability for taxes assessed or other indebtedness, you may contest the validity or the amount of the tax or indebtedness in accordance with procedures of the taxing authority or applicable law; however, in no event will you permit a tax sale or seizure by levy or execution or similar writ or warrant, or attachment by a creditor, to occur against the premises of the Licensed Business, or any improvements thereon. C. You must comply with all federal, state, and local laws, rules and regulations, and will timely obtain any and all permits, certificates, or licenses necessary for the full and proper conduct of the business licensed under this Agreement, including, without limitation, licenses to do business, fictitious name registrations, sale tax permits, and fire clearances. D. You must notify us in writing within 5 days of the commencement of any action, suit, or proceeding, and of the issuance of any order, writ, injunction, award, or decree of any court, agency, or other governmental instrumentality, which may adversely affect the operation or financial condition of the Licensed Business.

Appears in 1 contract

Sources: Associate License Agreement (Advantage Payroll Services Inc)

Taxes/ Permits. AND INDEBTEDNESS -------------------------------- A. You must 19.1 Franchisee shall promptly pay when due all taxes levied or assessed, including, without limitation, unemployment and sales taxes, and all accounts and other indebtedness of every kind incurred by you Franchisee in the conduct operation of the business licensed under this AgreementBakery. You must Franchisee shall pay to us Franchisor an amount equal to any sales tax, gross receipts tax, or similar tax (other than income tax, or similar tax) imposed on us Franchisor with respect to any payments to us Franchisor required under this Agreement, unless the tax is credited against income tax otherwise payable by us. B. 19.2 In the event of any bona fide dispute as to your Franchisee's liability for taxes assessed or other indebtedness, you Franchisee may contest the validity or the amount of the tax or indebtedness in accordance with procedures of the taxing authority or applicable law; however, but in no event will you shall Franchisee permit a tax sale or seizure by levy or execution or similar writ or warrant, or attachment by a creditor, to occur against the premises of the Licensed Business, or any improvements thereonBakery. C. You must 19.3 Franchisee shall comply with all federal, state, and local laws, rules and regulationsrules, and will regulations and shall timely obtain any and all permits, certificates, or licenses necessary for the full and proper conduct of the business licensed under this AgreementBakery, including, without limitation, licenses to do business, fictitious name registrations, sale sales tax permits, and fire clearances. D. You must 19.4 Franchisee shall immediately notify us Franchisor in writing within 5 days of its knowledge of the commencement of any action, suit, or proceeding, proceeding and of the issuance of any order, writ, injunction, award, or decree of any court, agency, or other governmental instrumentality, instrumentality which may materially adversely affect the operation or financial condition of the Licensed BusinessBakery.

Appears in 1 contract

Sources: Affiliate Development Agreement (Quality Dining Inc)

Taxes/ Permits. AND INDEBTEDNESS -------------------------------- A. You must 17.1 Franchisee shall promptly pay when due all taxes levied or assessedassessed by any federal, includingstate, unemployment and sales taxesor local tax authority, and any and all accounts and other indebtedness of every kind incurred by you Franchisee in the conduct of the business licensed under this AgreementFranchised Business. You must Franchisee shall pay to us Franchisor an amount equal to any sales tax, gross receipts tax, or similar tax (other than income tax, or similar tax) imposed on us Franchisor with respect to any payments to us Franchisor required under this Agreement, unless the tax is credited against income tax otherwise payable by usFranchisor. B. 17.2 In the event of any bona fide dispute as to your liability for taxes assessed or other indebtedness, you Franchisee may contest the validity or of the amount of the tax or indebtedness in accordance with the procedures of the taxing authority or applicable law; however, in no event will you shall Franchisee permit a tax sale or seizure by levy or of execution or similar writ or warrant, or attachment by a creditor, to occur against the premises of the Licensed Business, Franchised Business or any improvements thereonof its assets. C. You must comply 17.3 Franchisee shall maintain compliance with all federal, state, and local laws, rules and regulationsrules, and will regulations and shall timely obtain any and all permits, certificates, certificates or licenses necessary for the full and proper conduct of the business licensed franchised under this Agreement, including, without limitation, licenses to do business, fictitious name registrationsregistration, sale sales tax permits, health and sanitation permits and ratings, and fire clearances. Copies of all inspection reports, warnings, certificates, and ratings issued by any governmental entity during the term of this Agreement in connection with the conduct of the Franchised Business which indicate Franchisee's failure to meet or maintain Franchisor's standards or less than full compliance with any applicable law, rule, or regulation shall be forwarded to Franchisor by Franchisee within five days after Franchisee's receipt thereof. D. You must 17.4 Franchisee shall notify us Franchisor in writing within 5 five days of after the commencement of any action, suit, or proceeding, proceeding and of the issuance of any order, writ▇▇▇▇, injunction, award, or decree of any court, agency, or other governmental instrumentality, instrumentality which may adversely affect the operation or financial condition of the Licensed Franchised Business.

Appears in 1 contract

Sources: Joint Venture Agreement (Microtel Franchise & Development Corp /Ny)