Common use of Fiscal Unity Clause in Contracts

Fiscal Unity. No Obligor incorporated under Dutch law is or has been a member of a fiscal unity (fiscale eenheid) for Dutch corporate income tax or value added tax purposes (unless such fiscal unity consists solely of Obligors).

Appears in 2 contracts

Sources: Revenue Interest Purchase Agreement (INSMED Inc), Revenue Interest Purchase Agreement (INSMED Inc)

Fiscal Unity. No Obligor incorporated under Dutch law is shall create or has been become a member of a fiscal unity (fiscale eenheid) for Dutch corporate income tax or value added tax purposes (unless such fiscal unity consists should consist solely of Obligors), unless a fiscal unity for value added tax purposes is imposed by the Dutch tax authorities.

Appears in 2 contracts

Sources: Revenue Interest Purchase Agreement (INSMED Inc), Revenue Interest Purchase Agreement (INSMED Inc)