WITHHOLDING TAXES ON ROYALTIES Sample Clauses

WITHHOLDING TAXES ON ROYALTIES. To the extent that any earned royalties due FHCRC under this Agreement are subject to taxation where the taxes are imposed on FHCRC, FHCRC agrees to bear such taxes. FHCRC hereby authorizes LICENSEE or sublicensee to withhold such taxes from the payment which are otherwise payable to FHCRC in accordance with this Agreement if LICENSEE or sublicensee is either required to do so under the tax laws of the country of sale or in the United States or directed to do so by an agency of either such government. LICENSEE shall furnish FHCRC with relevant documentation showing assessment of the taxes and the best available evidence of payment whenever LICENSEE or sublicensee deducts such tax from any payments due FHCRC. [*] Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

WITHHOLDING TAXES ON ROYALTIES. Where any sum due to be paid to Abbott hereunder is subject to any withholding or similar tax, the parties shall use all reasonable efforts to * Confidential Treatment Requested do all such acts and things and to sign all such documents as will enable them to take advantage of any applicable double taxation agreement or treaty. In the event there is no applicable double taxation agreement or treaty, or if an applicable double taxation agreement or treaty reduces but does not eliminate such withholding or similar tax, Empire shall pay such withholding or similar tax to the appropriate government authority, deduct the amount paid from the amount due Abbott and secure and send to Abbott the best available evidence of such payment sufficient to enable Abbott to obtain a deduction for such withheld taxes or obtain a refund thereof.

WITHHOLDING TAXES ON ROYALTIES. Where any sum due to be paid to ▇▇▇▇▇▇ hereunder is subject to any withholding or similar tax, the parties shall use all reasonable efforts to do all such acts and things and to sign all such documents as will enable them to take advantage of any applicable double taxation agreement or treaty. In the event there is no applicable double taxation agreement or treaty, or if an applicable double taxation agreement or treaty reduces but does not eliminate such withholding or similar tax, DAS shall pay such withholding or similar tax to the appropriate government authority, deduct the amount paid from the amount due ▇▇▇▇▇▇ and secure and send to ▇▇▇▇▇▇ the best available evidence of such payment sufficient to enable ▇▇▇▇▇▇ to obtain a deduction for such withheld taxes or obtain a refund thereof. [******] Confidential Treatment Requested. The confidential portions have been filed separately with the Securities & Exchange Commission.

WITHHOLDING TAXES ON ROYALTIES. Where any sum due to be paid to Abbott hereunder is subject to any withho▇▇▇▇▇ or similar tax, the parties shall use all reasonable efforts to do all such acts and things and to sign all such documents as will enable them to take advantage of any available exemption, applicable double taxation agreement or treaty. In the event there is no exemption or applicable double taxation agreement or treaty, or if an applicable double taxation agreement or treaty reduces but does not eliminate such withholding or similar tax, Myogen shall pay such [/\#/\] CONFIDENTIAL TREATMENT REQUESTED 17 [/\#/\] CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, IS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 406 OF THE SECURITIES ACT OF 1933, AS AMENDED. withholding or similar tax to the appropriate government authority, deduct the amount paid from the amount due Abbott and secure and send to Abbott proof ▇▇ ▇uch payment, together wi▇▇ ▇▇▇ies of all relevant correspondence with such government authority.

WITHHOLDING TAXES ON ROYALTIES. Where any sum due to be paid to ABS hereunder is subject to any withholding or similar tax, the parties shall use all reasonable efforts to do all such acts and things and to sign all such documents as will enable them to take advantage of any applicable double taxation agreement or treaty. In the event there is no applicable double taxation agreement or treaty, or if an applicable double taxation agreement or treaty reduces but does not eliminate such withholding or similar tax, ABBOTT shall pay such withholding or similar tax to the appropriate government authority, deduct the amount paid from the amount due ABS and secure and send to ABS the best available evidence of such payment sufficient to enable ABS to obtain a deduction for such withheld taxes or obtain a refund thereof.

WITHHOLDING TAXES ON ROYALTIES. To the extent that any earned royalties due FHCRC under this Agreement are subject to taxation where the taxes are imposed on FHCRC, FHCRC agrees to bear such taxes. FHCRC hereby authorizes LICENSEE or sublicensee to withhold such taxes from the payment which are otherwise payable to FHCRC in accordance with this Agreement if LICENSEE or sublicensee is either required to do so under the tax laws of the *Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions. country of sale or in the United States or directed to do so by an agency of either such government. LICENSEE shall furnish FHCRC with relevant documentation showing assessment of the taxes and the best available evidence of payment whenever LICENSEE or sublicensee deducts such tax from any payments due FHCRC.

WITHHOLDING TAXES ON ROYALTIES. The parties shall cooperate with each other to the extent reasonably requested and legally permitted, in accordance with the New U.S.-Japan Tax Treaty ratified by the United States and Japan on March 30, 2004, to minimize any withholding taxes accruing to Purchaser and arising from any royalties paid or payable to Seller pursuant to the licenses granted under Section 7.2, and Seller shall use commercially reasonable efforts to file an Application Form for Income Tax Convention and related documents with the Japanese National Tax Agency no later than the day prior to the date a royalty payment is made and obtain a current Certification of United States Residency (Form 6166) from the Internal Revenue Service, U.S. Department of the Treasury. The parties agree that the portion of the Purchase Price allocable to the licenses granted under Section 7.3 shall be as set forth in Schedule 2.4.