2019-109A - Laserfiche WebLink

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20.08 Taxes. The Parties' respective responsibilities for taxes arising under or in connection with the Agreement shall be as follows: (1) Each Party shall be responsible for any personal property taxes on property it owns or leases, for franchise and privilege taxes on its business, and for taxes based on its net income or gross receipts. (2) National shall be responsible for any sales, use, excise, value-added, services, consumption and other taxes and duties payable by National on the goods or services used or consumed by National in providing the Services where the tax is imposed on National's acquisition or use of such goods or services and the amount of tax is measured by National's costs in acquiring such goods or services. (3) National shall be responsibile for any sales, use, excise, value- added, services, consumption or other tax becoming applicable during the Term or during the Termination Assistance Period (or that is increased during the Term or the Termination Assistance Period) that is assessed on the provision of the Services as a whole, or on any particular component of the Services. IRC is tax exempt. ARTICLE 21. AUDITS 21.01 Services. Upon notice from IRC, National and National Agents shall provide IRC or IRC Agents with access to any information and any assistance that they may require for the purpose of performing audits or inspections of the Services and the business of IRC relating to the Services. If any audit by an auditor designated by IRC or an IRC Agent results in National being notified that National or National Agents are not in compliance with any Law, regulation or audit requirement, National shall, and shall cause National Agents to, promptly take actions to comply with such Law, regulation or audit requirement. National shall bear the expense of any such response that is (a) required by a Law, regulation or other audit requirement relating to National's business or (b) necessary due to National's noncompliance with any Law, regulation or audit requirement imposed on National. To the extent the expense is not payable by National pursuant to the preceding sentence, IRC shall bear the expense of any such compliance that is (a) required by a Law, regulation or other audit requirement relating to IRC's business or (b) necessary due to IRC's noncompliance with any Law, regulation or audit requirement imposed on IRC. 21.02 Charges. Upon notice from IRC, National shall provide IRC and IRC Agents with access to such financial records and supporting documentation as may be requested by IRC and IRC and IRC Agents may audit the Charges charged to IRC to determine if such Charges are accurate and in accordance with this Agreement. (1) If, as a result of such audit, IRC determines that National has overcharged IRC, IRC shall notify National of the amount of such overcharge and National shall 31