Common use of Taxes Withheld Clause in Contracts

Taxes Withheld. Any income or other tax that one Party hereunder, its Affiliates or Sublicensees is required to withhold (the "Withholding Party") and pay on behalf of the other Party hereunder (the "Withheld Party") with respect to the royalties payable under this Agreement shall be deducted from and offset against said royalties prior to remittance to the Withheld Party; provided, however, that in regard to any tax so deducted, the Withholding Party shall give or cause to be given to the Withheld Party such assistance as may reasonably be necessary to enable the Withheld Party to claim exemption therefrom or credit therefor, and in each case shall furnish the Withheld Party proper evidence of the taxes paid on its behalf.

Appears in 3 contracts

Samples: Development and License Agreement (Ligand Pharmaceuticals Inc), Development and License Agreement (Ligand Pharmaceuticals Inc), Development and License Agreement (Ligand Pharmaceuticals Inc)

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Taxes Withheld. Any income or other tax that one Party party hereunder, its Affiliates or Sublicensees sublicensees is required to withhold (the "Withholding Party") and pay on behalf of the other Party party hereunder (the "Withheld Party") with respect to the royalties payable under this Agreement shall be deducted from and offset against said royalties prior to remittance to the Withheld Party; provided, however, that in regard to any tax so deducted, the Withholding Party shall give or cause to be given to the Withheld Party such assistance as may reasonably be necessary to enable the Withheld Party to claim exemption therefrom or credit therefor, and in each case shall furnish the Withheld Party proper evidence of the taxes paid on its behalf.

Appears in 3 contracts

Samples: Development and Marketing Collaboration Agreement (Onyx Pharmaceuticals Inc), Development and Marketing Collaboration Agreement (Onyx Pharmaceuticals Inc), Development and Marketing Collaboration Agreement (Onyx Pharmaceuticals Inc)

Taxes Withheld. Any income or other tax that one Party party hereunder, its Affiliates or Sublicensees sublicensees is required to withhold (the "Withholding Party") and pay on behalf of the other Party party hereunder (the "Withheld Party") with respect to the royalties payable under this Agreement shall be deducted from and offset against said royalties prior to remittance to the Withheld Party; provided, however, that in regard to any tax so deducted, the Withholding Party shall give or cause to be given to the Withheld Party such assistance as may reasonably be necessary to enable the Withheld Party to claim exemption therefrom or credit therefor, and in each case shall furnish the Withheld Party proper evidence of the taxes paid on its behalf.

Appears in 2 contracts

Samples: Research, Development and Marketing Collaboration Agreement (Onyx Pharmaceuticals Inc), Development and Marketing Collaboration Agreement (Onyx Pharmaceuticals Inc)

Taxes Withheld. Any income or other tax that one Party hereunder, its Affiliates or Sublicensees sublicensees is required to withhold (the "Withholding Party") and pay on behalf of the other Party hereunder (the "Withheld Party") with respect to the royalties payable under this Agreement shall be deducted from and offset against said royalties prior to remittance to the Withheld Party; provided, however, that in regard to any tax so deducted, the Withholding Party shall give or cause to be given to the Withheld Party such assistance as may reasonably be necessary to enable the Withheld Party to claim exemption therefrom or credit therefor, and in each case shall furnish the Withheld Party proper evidence of the taxes paid on its behalf.

Appears in 1 contract

Samples: License Agreement (Interneuron Pharmaceuticals Inc)

Taxes Withheld. Any income or other tax that one Party party hereunder, its Affiliates or Sublicensees sublicensees is required to withhold (the "Withholding Party") and pay on behalf of the other Party party hereunder (the "Withheld Party") with respect to the royalties or other amounts payable under this Agreement shall be deducted from and offset against said royalties or other amounts prior to remittance to the Withheld Party; provided, however, that in regard to any tax so deducted, the Withholding Party shall give or cause to be given to the Withheld Party such assistance as may reasonably be necessary to enable the Withheld Party to claim exemption therefrom or credit therefor, and in each case shall furnish the Withheld Party proper evidence of the taxes paid on its behalf.Party

Appears in 1 contract

Samples: Confidential Treatment (Leukosite Inc)

Taxes Withheld. Any income or other tax that one Party hereunderWarner, its Affiliates or Sublicensees sublicensees is required to withhold (the "Withholding Party") and pay on behalf of the other Party Synaptic hereunder (the "Withheld Party") with respect to the royalties payable under this Agreement shall be deducted from and offset against said royalties prior to remittance to the Withheld Party; provided, however, that in regard to any tax so deducted, the Withholding Party shall give or cause to be given to the Withheld Party such assistance as may reasonably be necessary to enable the Withheld Party to claim exemption therefrom or credit therefor, and in each case shall furnish the Withheld Party proper evidence of the taxes paid on its behalf.

Appears in 1 contract

Samples: Collaborative Research and License Agreement (Synaptic Pharmaceutical Corp)

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Taxes Withheld. Any income or other tax that one Party hereunder, its Affiliates or Sublicensees sublicensees is required to withhold (the "Withholding Party") and pay on behalf of the other Party hereunder (the "Withheld Party") with respect to the royalties amounts payable under this Agreement shall be deducted from and offset against said royalties amounts prior to remittance to the Withheld Party; provided, however, that in regard to any tax so deducted, the Withholding Party shall give or cause to be given to the Withheld Party such assistance as may reasonably be necessary to enable the Withheld Party to claim exemption therefrom or credit therefor, and in each case shall furnish the Withheld Party proper evidence of the taxes paid on its behalf. The Withholding Party shall comply with reasonable requests of the Withheld Party to take any proper actions that may minimize such withholding obligation.

Appears in 1 contract

Samples: Process Development and Manufacturing Agreement (Xoma LTD)

Taxes Withheld. Any income or other tax that one Party party hereunder, its Affiliates or Sublicensees sublicensees is required to withhold (the "Withholding Party") and pay on behalf of the other Party party hereunder (the "Withheld Party") with respect to the royalties or other amounts payable under this Agreement shall be deducted from and offset against said royalties or other amounts prior to remittance to the Withheld Party; provided, however, that in regard to any tax so deducted, the Withholding Party shall give or cause to be given to the Withheld Party such assistance as may reasonably be necessary to enable the Withheld Party to claim exemption therefrom or credit therefor, and in each case shall furnish the Withheld Party proper evidence of the taxes paid on its behalf.

Appears in 1 contract

Samples: Research and Development Agreement (Leukosite Inc)

Taxes Withheld. Any income or other tax that one Party party hereunder, its Affiliates or Sublicensees sublicensees is required to withhold (the "Withholding Party") and pay on behalf of the other Party party hereunder (the "Withheld Party") with respect to the royalties payable under this Agreement shall be deducted from and offset against said royalties prior to remittance to the Withheld Party; provided, however, that in regard to any tax so deducted, the Withholding Party shall give or cause to be given to the Withheld Party such assistance as may reasonably be necessary to enable the Withheld Party to claim *Confidential treatment requested exemption therefrom or credit therefor, and in each case shall furnish the Withheld Party proper evidence of the taxes paid on its behalf.

Appears in 1 contract

Samples: Certain (Cocensys Inc)

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