Common use of Venture Structure/Tax Matters Clause in Contracts

Venture Structure/Tax Matters. The parties agree that in order to form the Joint Venture and negotiate and conclude the Agreement, they will need to consult with tax and legal advisors, and that the Joint Venture may be structured as a corporation or partnership, owned either onshore or offshore as determined pursuant to such tax or legal advice and as necessary to comply with Peruvian law, maximize organizational and operational efficiencies and minimize the tax liability (to the extent possible) of each of Newmont and Solitario.

Venture Structure/Tax Matters. The parties agree that in order to form the Joint Venture and negotiate and conclude the Agreement, Joint Venture Agreement they will need to consult with tax and legal advisors, and that the Joint Venture may be structured as a corporation or partnership, owned either onshore or offshore as determined pursuant to such tax or legal advice and as necessary to comply with Peruvian lawthe law in which the Alliance Property is located, maximize organizational and operational efficiencies and minimize the tax liability (to the extent possible) of each of Newmont and Solitario.