Tax Exemptions and Credits. The Parties will reasonably cooperate with each other in seeking any tax exemption or credits that may be available with respect to any Licensed Product, including the tax credit available under Section 45C of the Code by reason of a Party’s research and Development expenditures contributing to the Licensed Product being granted orphan drug status by the FDA, or equivalent Applicable Law of any other country.
Tax Exemptions and Credits. The Company may take action to secure certain ad valorem tax exemptions (other than school taxes) available under Sections 00-00-000, 00-00-000 et seq., and/or 00-00-000 of the Mississippi Code of 1972, as amended.
