Consistent Reporting. Solely for U.S. federal, state and local Tax and accounting purposes, the Parties intend that all payments made by Celgene under this Agreement shall be treated as fees, royalties, milestone payments, or similar payments (and not as consideration for the sale or exchange of property), and the Parties shall treat all such payments consistently with this Section 11.15 in all relevant respects unless otherwise required by Law.
Appears in 2 contracts
Sources: License Agreement (Forma Therapeutics Holdings, Inc.,), License Agreement (Forma Therapeutics Holdings, Inc.,)