Common use of Payment by Buyer Clause in Contracts

Payment by Buyer. Buyer will pay promptly when due and hold ARCO harmless from all taxes, excise fees and other similar charges (including interest, penalties and additions to tax) which ARCO is now or in the future required to pay or collect under any federal, state or local governmental requirement based on the manufacture, production, sale, transfer, transportation, delivery, storage, handling, consumption or use of Product under this Agreement, or on any payments made under this Agreement (excepting any income tax imposed on ARCO based on income received from Buyer and any interest or penalties thereon). ARCO may, at its sole option, add any such tax, excise fee or similar charge to the amount to be charged for Product. Buyer will also pay promptly when due and hold ARCO harmless from all fees and sales, use, rental, gross receipts, inventory, excise, income and other taxes (including interest, penalties and additions to tax but not including any income tax imposed on ARCO based on income received from Buyer and any interest or penalties thereon) imposed by any federal, state or local governmental authority upon Buyer or ARCO in connection with the operation of Buyer's business.

Appears in 3 contracts

Samples: Contract Dealer Gasoline Agreement (Discovery Investments Inc), Contract Dealer Gasoline Agreement (Discovery Investments Inc), Contract Dealer Gasoline Agreement (Discovery Investments Inc)

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Payment by Buyer. Buyer will pay promptly when due and hold ARCO ---------------- harmless from all taxes, excise fees and other similar charges (including interest, penalties and additions to tax) which ARCO is now or in the future required to pay or collect under any federal, state or local governmental requirement based on the manufacture, production, sale, transfer, transportation, delivery, storage, handling, consumption or use of Product under this Agreement, or on any payments made under this Agreement (excepting any income tax imposed on ARCO based on income received from Buyer and any interest or penalties thereon). ARCO may, at its sole option, add any such tax, excise fee or similar charge to the amount to be charged for Product. Buyer will also pay promptly when due and hold ARCO harmless from all fees and sales, use, rental, gross receipts, inventory, excise, income and other taxes (including interest, penalties and additions to tax but not including any income tax imposed on ARCO based on income received from Buyer and any interest or penalties thereon) imposed by any federal, state or local governmental authority upon Buyer or ARCO in connection with the operation of Buyer's business.

Appears in 2 contracts

Samples: Contract Dealer Gasoline Agreement (Discovery Investments Inc), Contract Dealer Gasoline Agreement (Discovery Investments Inc)

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Payment by Buyer. Buyer will pay promptly when due and hold ---------------- ARCO harmless from all taxes, excise fees and other similar charges (including interest, penalties and additions to tax) which ARCO is now or in the future required to pay or collect under any federal, state or local governmental requirement based on the manufacture, production, sale, transfer, transportation, delivery, storage, handling, consumption or use of Product under this Agreement, or on any payments made under this Agreement (excepting any income tax imposed on ARCO based on income received from Buyer and any interest or penalties thereon). ARCO may, at its sole option, add any such tax, excise fee or similar charge to the amount to be charged for Product. Buyer will also pay promptly when due and hold ARCO harmless from all fees and sales, use, rental, gross receipts, inventory, excise, income and other taxes (including interest, penalties and additions to tax but not including any income tax imposed on ARCO based on income received from Buyer and any interest or penalties thereon) imposed by any federal, state or local governmental authority upon Buyer or ARCO in connection with the operation of Buyer's business.

Appears in 1 contract

Samples: Contract Dealer Gasoline Agreement (Discovery Investments Inc)

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