27) Taxes and Levies
The Company shall assume full and exclusive liability for payment of all taxes, duties, levies, fiscal contributions, income tax, stamp duty, withholding tax and other taxes (including personal income tax) as may be imposed on the Company in the Sultanate of Oman, or in any other country in connection with the services.
It will be the Company’s sole responsibility to investigate and establish its liability for all taxes, duties, levies, charges and the hike which may be applicable to this contract.
The Company shall indemnify and hold harmless Bank Muscat from and against any and all claims, demands, judgements and expenses (including legal expenses) with respect to any of the above taxes, duties, levies, fiscal contributions and other charges.
IN WITNESS WHERE OF each Party has caused this Agreement to be executed by its duly authorized representative as of the date first written above.
Signed by: In the presence of:
Signature…………………………………… Signature ……………………
Name …………………………………… Name …...…………………...
Position…………………………………… Position ....…………………..
For and behalf of
Bank Muscat SAOG
Signed by:
Signature ………………………………….
Name: Mr. Ali & Mr. Hashil sons of Mr. Said bin Hashil al Ruheidi
(For and on behalf of the Landlord)
Name …….………………..
Position:
(For and on behalf of Suhool Wadi Nam Company llc.)
In the presence of:
Signature …………………..