Common use of Local Implementing Agreements Clause in Contracts

Local Implementing Agreements. The Parties each recognize and agree that there may be a need to document the Services provided hereunder in various jurisdictions outside of the United States from time to time. The Parties shall enter into, or cause their respective Affiliates to enter into, local implementing agreements (each a “Local Implementing Agreement”) for Services in such jurisdictions, countries or geographical regions as a Party may reasonably request from time to time. Without limiting the generality of the foregoing, should there be any conflict between any term or condition of a Local Implementing Agreement and this Agreement, the terms and conditions of this Agreement shall prevail. The Parties agree to cooperate in implementing any such Local Implementing Agreement in a manner that does not subject a Provider to income taxes in a jurisdiction other than those jurisdictions under the laws of which such Provider is organized or is, before the implementation of such Local Implementing Agreement, a tax resident.

Appears in 4 contracts

Samples: Transition Services Agreement (GE Vernova Inc.), Transition Services Agreement (GE Vernova LLC), Transition Services Agreement (GE HealthCare Technologies Inc.)

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Local Implementing Agreements. The Parties each recognize and agree that there may be a need to document the Services provided hereunder in various jurisdictions outside of the United States from time to time. The Parties shall enter into, or cause their respective Affiliates to enter into, local implementing agreements (each a “Local Implementing AgreementAgreements”) for Services in such jurisdictions, countries or geographical regions as a Party may reasonably request from time to time. Without limiting the generality of the foregoing, should there be any conflict between any term or condition of a Local Implementing Agreement and this Agreement, the terms and conditions of this Agreement shall prevail. The Parties agree to cooperate in implementing any such Local Implementing Agreement in a manner that does not subject a Provider to income taxes Taxes in a jurisdiction other than those jurisdictions under the laws of which such Provider is organized or is, before the implementation of such Local Implementing Agreement, a tax Tax resident.

Appears in 4 contracts

Samples: Intercompany Services Agreement (BAKER HUGHES a GE Co LLC), Intercompany Services Agreement (Baker Hughes a GE Co), Intercompany Services Agreement (BAKER HUGHES a GE Co LLC)

Local Implementing Agreements. The Parties each recognize and agree that there may be a need to document the Services provided hereunder in various jurisdictions outside of the United States from time to time. The Parties shall enter into, or cause their respective Affiliates to enter into, local implementing agreements (each a “Local Implementing Agreement”) for Services in such jurisdictions, countries or geographical regions as a Party may reasonably request from time to time. Without limiting the generality of the foregoing, should there be any conflict between any term or condition of a Local Implementing Agreement and this Agreement, the terms and conditions of this Agreement shall prevail. The Parties agree to cooperate in implementing any such Local Implementing Agreement in a manner that does not subject a Provider SpinCo to income taxes in a jurisdiction other than those jurisdictions under the laws Laws of which such Provider SpinCo is organized or is, before the implementation of such Local Implementing Agreement, a tax resident.

Appears in 3 contracts

Samples: Transition Services Agreement (Inhibrx Biosciences, Inc.), Transition Services Agreement (Inhibrx Biosciences, Inc.), Separation and Distribution Agreement (Inhibrx, Inc.)

Local Implementing Agreements. The Parties each recognize and agree that there may be a need to document the Services provided hereunder in various jurisdictions outside of the United States from time to time. The Parties shall enter into, or cause their respective Affiliates to enter into, local implementing agreements (each a “Local Implementing AgreementAgreements”) for Services in such jurisdictions, countries or geographical regions as a Party may reasonably request from time to time. Without limiting the generality of the foregoing, should there be any conflict between any term or condition of a Local Implementing Agreement and this Agreement, the terms and conditions of this Agreement shall prevail. The Parties agree to cooperate in implementing any such Local Implementing Agreement in a manner that does not subject a Provider to income taxes in a jurisdiction other than those jurisdictions under the laws of which such Provider is organized or is, before the implementation of such Local Implementing Agreement, a tax Tax resident.

Appears in 2 contracts

Samples: Transition Services Agreement (BAKER HUGHES a GE Co LLC), Transition Services Agreement (Baker Hughes a GE Co)

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Local Implementing Agreements. The Parties each recognize and agree that there may be a need to document the Services provided hereunder in various jurisdictions outside of the United States from time to time. The Parties shall enter into, or cause their respective Affiliates to enter into, local implementing agreements (each a “Local Implementing AgreementAgreements”) for Services in such jurisdictions, countries or geographical regions as a Party may reasonably request from time to time. Without limiting the generality of the foregoingfore going, should there be any conflict between any term or condition of a Local Implementing Agreement and this AgreementAgreement , the terms and conditions of this Agreement Ag re e me nt shall prevail. The Parties Partie s agree to cooperate in implementing any such Local Implementing Agreement in a manner that does not subject a Provider to income taxes Taxes in a jurisdiction other than those jurisdictions under the laws of which such Provider is organized or is, before be fore the implementation of such Local Implementing AgreementAgreement , a tax Tax resident.

Appears in 1 contract

Samples: Intercompany Services Agreement

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