PAYMENT FORMS. All payments due to JCE hereunder shall be made by wire transfer only. All payments shall be made in U.S. Dollars with the appropriate deduction of Royalty Taxes on the Royalties, and such taxes shall paid by T2 Entertainment on JCE's behalf. Additionally, T2 Entertainment shall immediately furnish JCE with the official receipt of all Royalty Tax payments provided by the appropriate tax authority after receiving such receipt.
Appears in 2 contracts
Sources: Share Subscription Agreement (T2CN Holding LTD), Exclusive Software License Agreement (T2CN Holding LTD)