Common use of Franchise Tax Clause in Contracts

Franchise Tax. If Contractor is a corporation and is at the time of contracting or later becomes delinquent in the payment of its Texas franchise tax, then payments to the Contractor due under this Agreement may be withheld until such delinquency is remedied.

Appears in 6 contracts

Sources: Professional Services Contract, Professional Services Contract, Professional Services Contract

Franchise Tax. If Contractor is a corporation and is at the time of contracting or later becomes delinquent in the payment of its Texas franchise tax, then payments to the Contractor due under this Agreement may be withheld until such delinquency is remedied.

Appears in 5 contracts

Sources: Professional Services, Professional Services, Specialized Community Homes Contract for Respite and Community Support Services