GCLC definition
Examples of GCLC in a sentence
Prior to the receipt of any payment under this Agreement, GCLC (and any other recipient of payments by Artiva under this Agreement) shall, to the extent it is legally permitted to, provide to Artiva, at the time or times reasonably requested by Artiva or as required by applicable Law, such properly completed and duly executed IRS Forms W-8 or W-9 claiming the benefits of an applicable tax treaty in the case of IRS Form W-8BEN-E.
GCLC shall be responsible for any transfer, documentary, sales use, stamp, registration, value added or other similar tax (“Transfer Tax”) that is imposed with respect to the payments or the related transfer of rights or other property pursuant to the terms of this Agreement.
GCLC has provided a properly completed and duly executed IRS Form W-8BEN-E to Artiva.
All payments due under this Agreement to GCLC shall be made by bank wire transfer in immediately available funds to an account designated by GCLC.
To extent Artiva fails to withhold Withholding Taxes from, or apply and pay Transfer Taxes with respect to, any payment to GCLC and it is determined that Artiva should have withheld Withholding Taxes or applied and paid Transfer Taxes, GCLC agrees to indemnify and/or reimburse Artiva for any Withholding Taxes or Transfer Taxes, along with penalties and interest as applicable.
Artiva may terminate this Agreement in its entirety without cause upon ninety (90) days prior written notice to GCLC.
The auditor will send a copy of the report to Artiva at the same time it is sent to GCLC.
Except as otherwise provided herein, GCLC will pay any and all taxes levied on account of any payments made to it under this Agreement.
Within [***] days after the Effective Date, GCLC shall disclose to Artiva the Product Know-How existing as of the Effective Date.
GCLC shall keep Artiva reasonably informed of the enforcement of Product Patents or Additional Joint Patents outside the Territory to the extent such activities could affect the Product Patents or Additional Joint Patents in the Territory.