Common use of Value Added Taxes Clause in Contracts

Value Added Taxes. (a) Any amount (including costs and expenses) payable under a Finance Document by an Obligor is exclusive of any value added tax which might be chargeable in connection with that amount. If any such value added tax is chargeable, the Obligor must pay to the Finance Party (in addition to and at the same time as paying that amount) an amount equal to the amount of that value added tax.

Appears in 3 contracts

Samples: Agreement (Centex Corp), Agreement (Centex Development Co Lp), Agreement (Centex Development Co Lp)

AutoNDA by SimpleDocs

Value Added Taxes. (a) Any amount (including costs and expenses) payable under a Finance Document by an Obligor is exclusive of any value added tax or any other Tax of a similar nature which might be chargeable in connection with that amount. If any such value added tax Tax is chargeable, the Obligor must pay to the Finance Party (in addition to and at the same time as paying that amount) an amount equal to the amount of that value added taxTax.

Appears in 3 contracts

Samples: Credit Agreement (Merix Corp), Agreement (Converium Holding Ag), Agreement (UTi WORLDWIDE INC)

Value Added Taxes. (a) Any amount (including costs and expenses) payable under a Finance Document by an Obligor is exclusive of any value added tax or any other Tax of a similar nature which might be chargeable in connection with that amount. If any such value added tax Tax is chargeablechargeable and required to be collected by a Finance Party, the Obligor must pay to the relevant Finance Party (in addition to and at the same time as paying that amount) an amount equal to the amount of that value added taxTax.

Appears in 2 contracts

Samples: Agreement (Quintana Maritime LTD), Agreement (Quintana Maritime LTD)

Value Added Taxes. (a) Any amount (including costs and expenses) payable under a Finance Document by an Obligor the Company is exclusive of any value added tax or any other Tax of a similar nature which might be chargeable in connection with that amount. If any such value added tax Tax is chargeable, the Obligor Company must pay to the Finance Party Lender (in addition to and at the same time as paying that amount) an amount equal to the amount of that value added taxTax.

Appears in 2 contracts

Samples: Agreement (Signature Eyewear Inc), Agreement (Signature Eyewear Inc)

Value Added Taxes. (a) Any amount (including costs and expenses) payable under a Finance Document by an Obligor is exclusive of any value added tax or any other Tax of a similar nature which might be chargeable in connection with that amount. If any such value added tax Tax is chargeable, the Obligor must pay to the Finance Party (in addition to and at the same time as paying that amount) an amount equal to the amount of that value added taxTax. The relevant Finance Party must, where appropriate, issue a valid VAT invoice to the relevant Obligor.

Appears in 1 contract

Samples: Credit Agreement (Galen Holdings PLC)

AutoNDA by SimpleDocs

Value Added Taxes. (a) Any amount (including costs and expenses) payable under a Finance Document by an Obligor a Borrower is exclusive of any value added tax or any other Tax of a similar nature which might be chargeable in connection with that amount. If any such value added tax Tax is chargeable, the Obligor Borrowers must pay to the relevant Finance Party (in addition to and at the same time as paying that amount) an amount equal to the amount of that value added taxTax.

Appears in 1 contract

Samples: Agreement (Global Ship Lease, Inc.)

Value Added Taxes. (a) Any amount (including costs and expenses) payable under a Finance Document by an Obligor the Company is exclusive of any Tax (including value added tax tax) which might be chargeable in connection with that amount. If any such value added tax Tax is chargeable, the Obligor Company must pay to the Finance Party Lender (in addition to and at the same time as paying that amount) an amount equal to the amount of that value added taxTax.

Appears in 1 contract

Samples: Agreement (United Auto Group Inc)

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