Taxes Clause Example with 6 Variations from Business Contracts

This page contains Taxes clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Taxes. If any sum payable by the Company under this Agreement is subject to tax in the hands of an Underwriter or taken into account as a receipt in computing the taxable income of that Underwriter (excluding net income taxes on underwriting commissions payable hereunder), the sum payable to the Underwriter under this Agreement shall be increased to such sum as will ensure that the Underwriter shall be left with the sum it would have had in the absence of such tax.

Variations of a "Taxes" Clause from Business Contracts

Taxes. If any sum payable by the Company a Selling Stockholder under this Agreement is subject to tax in the hands of an Underwriter or taken into account as a receipt in computing the taxable income of that Underwriter (excluding net income taxes on underwriting commissions payable hereunder), the sum payable to the Underwriter under this Agreement shall be increased to such sum as will ensure that the Underwriter shall be left with the sum it would have had in the absence of such tax. tax, except to ...the extent that such taxes (a) were imposed due to some connection of an Underwriter with a taxing jurisdiction other than the mere entering into of this Agreement or receipt of payments hereunder or (b) would not have been imposed but for the failure of such Underwriter to comply with any reasonable certification, identification or other reporting requirements concerning the nationality, residence, identity or connection with a taxing jurisdiction of the Underwriter if such compliance is required or imposed by the applicable law as a precondition to an exemption from, or reduction in, such taxes. View More
Taxes. If any sum payable by the Company or the Selling Stockholder under this Agreement is subject to tax in the hands of an Underwriter or taken into account as a receipt in computing the taxable income of that Underwriter (excluding net income taxes on underwriting commissions payable hereunder and excluding such taxes imposed due to any Underwriter or any agent thereof having any present or former connection with a Taxing Jurisdiction, other than solely as a result of (i) the execution and delivery... of, or performance of, such Underwriter's obligations under this Agreement, (ii) receiving or paying for the shares of Common Stock or (iii) receiving any payments or enforcing any rights hereunder), the sum payable to the Underwriter under this Agreement shall be increased to such sum as will ensure that the Underwriter shall be left with the sum it would have had in the absence of such tax. View More
Taxes. If any sum payable by the Company under this Agreement is subject to tax in the hands of an Underwriter the Underwriters or taken into account as a receipt in computing the taxable income of that Underwriter the Underwriters (excluding net income taxes on underwriting commissions payable hereunder), the sum payable to the Underwriter Underwriters 36 under this Agreement shall be increased to such sum as will ensure that the Underwriter Underwriters shall be left with the sum it they would have h...ad in the absence of such tax. The preceding sentence does not include taxes imposed as a result of a failure by the Underwriters to comply with tax certifications reasonably requested by the Company and which the Underwriters were legally able to provide. View More
Taxes. If any sum payable by the Company or the Selling Stockholder under this Agreement is subject to tax in the hands of an the Underwriter or taken into account as a receipt in computing the taxable income of that the Underwriter (excluding net income taxes on underwriting commissions payable hereunder), the sum payable to the Underwriter under this Agreement shall be increased to such sum as will ensure that the Underwriter shall be left with the sum it would have had in the absence of such tax. Th...e preceding sentence does not include taxes imposed as a result of a failure by the Underwriter to comply with tax certifications reasonably requested by the Company or the Selling Stockholder and which the Underwriter was legally able to provide. View More
Taxes. If any sum payable by the Company under this Agreement is subject to tax in the hands of an Underwriter the Underwriters or taken into account as a receipt in computing the taxable income of that Underwriter the Underwriters (excluding net income taxes on underwriting commissions payable hereunder), the sum payable to the Underwriter Underwriters under this Agreement shall be increased to such sum as will ensure that the Underwriter Underwriters shall be left with the sum it they would have had ...in the absence of such tax. The preceding sentence does not include taxes imposed as a result of a failure by the Underwriters to comply with tax certifications reasonably requested by the Company and which the Underwriters were legally able to provide. View More
Taxes. If any sum payable by the Company under this Agreement is subject to tax in the hands of an Underwriter or taken into account as a receipt in computing the taxable income of that Underwriter (excluding net income taxes on underwriting commissions payable hereunder), the sum payable to the Underwriter under this Agreement shall be increased to such sum as will ensure that the Underwriter shall be left with the sum it would have had in the absence of such tax. tax, except that no such increased am...ount shall be payable to any Underwriter in connection with any tax to which such Underwriter is subject as a result of the conduct of any business activity or operations or otherwise being tax resident in the Republic of Liberia. View More