JCR definition
Examples of JCR in a sentence
All official fees, maintenance fees, and annuities for any pending or issued JCR Patent Rights have been paid when due, and all administrative procedures with Governmental Authorities have been completed for such JCR Patent Rights such that such Patent Rights are subsisting and in good standing.
Upon the request of JCR, Acumen will send JCR the proof of payment of such Withholding Taxes by Acumen by ten (10) days prior to the following due date.
Acumen will deduct and withhold from the Payments made to JCR any Taxes that it is required by applicable Law to deduct or withhold, (“Withholding Taxes”), and any such amounts deducted or withheld by Acumen will be treated as having been paid to JCR for purposes of this Agreement.
Schedule 9.2.1 (JCR Patent Rights) includes a list as of the Effective Date, in all respects, of all JCR Patent Rights.
Notwithstanding the foregoing, if JCR is entitled under any applicable tax treaty to a reduction of rate of, or the elimination of, or recovery of, applicable Withholding Tax, then it may deliver to Acumen or the appropriate Governmental Authority the prescribed forms necessary to reduce the applicable rate of withholding or to relieve Acumen of its obligation to withhold tax.