Common use of Fiscal Unity Clause in Contracts

Fiscal Unity. With respect to a Credit Party incorporated under Dutch law, create or become a member of a fiscal unity (fiscale eenheid) for Dutch corporate income tax or value added tax purposes (unless such fiscal unity should consist solely of Credit Parties), unless a fiscal unity for value added tax purposes is imposed by the Dutch tax authorities.

Appears in 2 contracts

Sources: Loan Agreement (INSMED Inc), Loan Agreement (INSMED Inc)