Common use of Currency and Taxes Clause in Contracts

Currency and Taxes. A. All amounts payable to Licensor or Licensee or their respective Affiliates under this Agreement, the Electronic Systems License Agreement, and the Design Review Addendum and, except as expressly otherwise agreed to by the parties, any other payments required for services provided to Licensee or its Affiliates by Licensor or its Affiliates pursuant to this Agreement, including those provided under Section 11.2 (including any judgment or arbitral award) must be paid in United States Dollars (collectively, “Payment Obligations”).

Appears in 3 contracts

Samples: Sublicense Agreement (Marriott Vacations Worldwide Corp), Development Agreement (Marriott International Inc /Md/), Sublicense Agreement (Marriott Vacations Worldwide Corp)

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Currency and Taxes. A. All amounts payable to Licensor or Licensee or their respective Affiliates under this AgreementAgreement , the Electronic Systems License Agreement, and the Design Review Addendum and, except as expressly otherwise agreed to by the parties, any other payments required for services provided to Licensee or its Affiliates by Licensor or its Affiliates pursuant to this Agreement, including those provided under Section 11.2 (including any judgment or arbitral award) must be paid in United States Dollars (collectively, “Payment Obligations”).

Appears in 1 contract

Samples: Sublicense Agreement (Marriott Vacations Worldwide Corp)

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