Withholding and Similar Taxes. Royalty payments and other payments due to University under this Agreement may not be reduced by reason of any withholding or similar taxes applicable to payments to University. Therefore all amounts owed to University under this Agreement are net amounts and shall be grossed-up to account for any withholding taxes, value-added taxes or other taxes, levies or charges.
Appears in 19 contracts
Samples: Exclusive License Agreement (Rxi Pharmaceuticals Corp), Non Exclusive License Agreement (Cytrx Corp), Exclusive License Agreement (Generation Bio Co.)
Withholding and Similar Taxes. Royalty payments and other payments due to University under this Agreement may not be reduced by reason of any withholding or similar taxes applicable to payments to University. Therefore all amounts owed to University under this Agreement are net amounts and shall be grossed-up to account for any withholding taxes, value-added taxes or other taxes, levies or charges.
Appears in 7 contracts
Samples: Exclusive License Agreement (Novavax Inc), Exclusive License Agreement (Anterios Inc), Exclusive License Agreement (Polymedix Inc)
Withholding and Similar Taxes. Royalty payments and other payments due to University under this Agreement may not be reduced by reason of any withholding or similar taxes applicable to payments to University. Therefore all amounts owed to University under this Agreement are net amounts and shall be grossed-grossed up to account for any withholding taxes, value-value added taxes or other taxes, levies or charges.
Appears in 1 contract
Samples: Exclusive License Agreement (Axovant Sciences Ltd.)
Withholding and Similar Taxes. Royalty payments and other payments due to University under this Agreement may not be reduced by reason of any withholding or similar taxes applicable to payments to University. Therefore Therefore, all amounts owed to University under this Agreement are net amounts and shall be grossed-up to account for any withholding taxes, value-added taxes or other taxes, levies or charges.
Appears in 1 contract
