Governmental Impositions Sample Clauses
The Governmental Impositions clause defines how taxes, fees, or other charges imposed by government authorities are handled within a contract. Typically, it specifies which party is responsible for paying such impositions, whether they relate to the transaction itself, the goods or services provided, or the use of property. For example, it may clarify if sales tax, import duties, or regulatory fees are to be paid by the buyer or the seller. This clause's core function is to allocate financial responsibility for government-imposed costs, thereby preventing disputes and ensuring both parties understand their obligations.
POPULAR SAMPLE Copied 1 times
Governmental Impositions. Contract Price shall include all Governmental Impositions without markup which Seller is not reasonably able to mitigate to the extent arising from routine performance pursuant to this Coke Purchase Agreement or any action or inaction by or on behalf of Purchaser or Cokenergy plus actual costs incurred by Seller in the course of such mitigation. For the avoidance of doubt, Purchaser shall not have any liability or obligation to pay any assessment, charge, impost, or levy, however denominated arising from alleged violations related to acts that occurred prior to the Execution Date, including any assessment, charge, impost, or levy, however denominated arising in connection with any failure to comply with Current Laws. The Parties shall reasonably cooperate in any attempts to mitigate Governmental Impositions.
Governmental Impositions. The Parties shall follow the procedures described in Attachment C for the reimbursement of certain Governmental Impositions.
Governmental Impositions. Operating Costs shall include all Governmental Impositions which Seller is not reasonably able to mitigate plus actual costs incurred by the Seller in the course of such mitigation. Any increase in the Coke Plant’s operating cost per Ton as a result of the amendment or revision of any Coke Quality Specifications, will be paid by Purchaser as an adjustment to the Contract Price of the Coke sold under this Coke Purchase Agreement. Likewise, Purchaser will be entitled to an adjustment to the Contract Price of the Coke sold under this Coke Purchase Agreement in an amount equal to *****.
Governmental Impositions. Manager shall diligently prosecute such contest to final determination by the court, department or governmental authority or body having jurisdiction of such contest. Owner agrees to cooperate reasonably with Manager and to execute any documents or pleadings required for such purpose and any expense or liability in connection therewith shall be the expense or liability of the Owner. Manager may defer payment of the contested Governmental Imposition pending such contest so long as such deferment shall not subject the interest of Owner in the Property to forfeiture.
Governmental Impositions. The rates and charges shall be adjusted to reflect the impact of any governmental imposition, such as changes in or additions to sales tax, property tax, energy use tax or other governmental or regulatory fees, which are adopted, implemented or enforced after the execution of the Subscription Confirmation or which occur as a result of a change after the execution of the Subscription Confirmation in the interpretation or enforcement by the governmental or regulatory body of an existing governmental imposition.
Governmental Impositions. In the event Seller's costs of transporting, handling or disposing of the Ash Residue are increased after the date of this Agreement due to (1) the enactment or adoption of new federal, state or local laws or regulations; (2) the amendment of existing federal, state or local laws or regulations; or (3) judicial or administrative decisions affecting the interpretation and enforcement of existing laws or regulations, the Current Ash Residue Disposal Fee shall be increased by an amount necessary to reimburse Seller for such cost increases. Seller shall submit to ICL substantiating documentation to show the cause and amount of such cost increases. Seller shall notify ICL of any such cost increases. Such cost increases shall be billed to ICL as a part of Seller's regular monthly ▇▇▇▇▇▇▇▇ pursuant to Section 9.1. ICL will have full audit rights to verify Seller's claim under this provision.
Governmental Impositions. AQUAPENN will pay to the proper governmental authority all taxes, if any, due and owing upon any sums payable to Seven Springs, except income, estate or gift taxes. AQUAPENN will pay to or on behalf of Seven Springs to the proper governmental authority all taxes, if any, imposed upon water extracted and delivered to AQUAPENN or processed by AQUAPENN, such as a severance or consumptive use tax. In the event said taxes exceed the sum of [___________________] per gallon, then and in that event AQUAPENN may terminate this Agreement and shall have no further liability hereunder.
Governmental Impositions. The parties agree that the cost of any and all Government Impositions will be the sole responsibility of SELLER.
Governmental Impositions. In the event that, during the term of this Agreement, any statute or regulation which becomes law on or after January 1, 2017 imposes upon Seller any new or change in any current Federal or State governmental taxes or mandates (i.e. fee, royalty, or other imposition), other than changes in the corporate net income tax laws or regulations, that increases or decreases the cost to Seller to mine, process and/or deliver coal under this Agreement, then, upon presentation by Seller to Buyer of evidence of that change satisfactory to Buyer, the Contract Price shall be adjusted by the amount per ton of such change in the cost to Seller. Any adjustments to the Contract Price shall be effective on the date the adjustment was first requested by Seller, by written notice to Buyer from Seller, or on the effective date of the change in Seller's cost of such imposition, whichever occurs last. The adjustment to the Contract Price so determined shall be in effect for the entire period over which such adjustment is applicable. Notwithstanding the foregoing, if the price adjustment is an increase exceeding 2% of the Contract Price, then Buyer shall have the option, by written notice to Seller, to refuse to pay the portion of the price adjustment which exceeds 2% of the Contract Price. In such event, Seller shall have the right, in its sole discretion, by 30 days written notice to Buyer, to terminate this Agreement upon written notice provided to Buyer.
Governmental Impositions. Subject to the terms of Section 5.03 above, the cost of any and all Government Impositions relating to Covol Coal Product sold by Plant Owner to Utah Synfuel hereunder shall be the sole responsibility of Plant Owner.