Article 5COST AND PRICING (1) the cost of Maintaining Licenses valued at Rp. 200 million,-(two hundred million Rupiah) paid the SECOND PARTY to the FIRST PARTY after the signing of a memorandum of understanding (MoU) this. (2) the cost of Licensing Arrangements in article 5 paragraph (1) above are INCLUSIVE of all costs which are necessary for the publication of the Building Permit (IMB) on behalf of PT. INDONESIA'S NEW HOPE. (3) For any other Permissions (in addition to the IMB) then all taxes, Levies, and other official expenses in accordance with the Government will be paid directly to the authorities. (4) if the management of the licensing or the legality of land tenure/Land could not be completed by the FIRST PARTY then the FIRST PARTY is OBLIGED to return the OVERALL cost of maintaining Licenses valued at Rp. 200 million,-(two hundred million Rupiah) to the SECOND PARTY. (5) If in the process of licensing arrangements or the legality of land tenure/Land FORCE MAJOR happening takes place resulting in this memorandum of understanding does not allow to be continued/completed, then the FIRST PARTY is OBLIGATED to reimburse the cost of maintaining the REMAINING Licenses to BOTH PARTIES based on the principle, with the trust and Goodwill. (6) in case of FORCE MAJOR as intended by article 5 paragraph (5) above the FIRST MANDATORY reporting for accountability for Expenditure (in writing) about the stages of management of Licenses is running as well as the costs that have been incurred. (7) the price of land/Soil agreed Rp 835.000,-(eight hundred and thirty-five thousand Rupiah)/m. (8) taxes or Customs incurred respectively, i.e. BPHTB (Bea acquisition of Rights over the land and buildings) are borne by The buyer (the SECOND PARTY) and INCOME TAX (income tax) are covered by the seller (the FIRST PARTY).(9) the land area/Land prepared by the SECOND PARTY of 29,900 M2 (twenty-nine Thousand nine hundred square metres). (10) Total price of land/Land valued at Rp. 24.966.500.000,-(twenty-four Million nine hundred sixty-six Million five hundred thousand dollars). (11) Total price of land/Soil will be paid Direct Absolutely paid off/Overall by the SECOND PARTY to the FIRST PARTY, the SECOND PARTY after assessing the FIRST PARTY has carried out all its obligations according to article 4 paragraph (1) this memorandum of understanding. Article 6CHANGES (1) this memorandum of understanding may be amended by Written agreement of the parties. (2) changes and/or things that have not been adequately provided for in this memorandum of understanding will be arranged in the addendum that was agreed upon by the parties and the merupakanan integral part of this memorandum of understanding. Article 7VALIDITY PERIOD(1) this memorandum of understanding is valid three (3) months, as from the date signed and can be extended according to a written Agreement of the parties. (2) the memorandum of understanding may be terminated before the period referred to in subsection (2) if the SECOND judge of the FIRST PARTY has carried out all its obligations according to article 4 paragraph (1) this memorandum of understanding, before the time period of three (3) months. (3) termination of the memorandum of understanding referred to in subsection (2) applies effective after the written consent of the parties.
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