Common use of Tax Certification Clause in Contracts

Tax Certification. If Supplier is a taxable entity as defined by Texas Tax Code Chapter 171 (“Chapter 171”), then Supplier certifies that it is not currently delinquent in the payment of any Franchise Taxes due under Chapter 171, or that Supplier is exempt from the payment of those taxes, or that Supplier is an out-of-state taxable entity that is not subject to those taxes, whichever is applicable. A false certification will be deemed a material breach of contract and, at UTMB’s sole option, may result in termination of the Contract.

Tax Certification. If Supplier is a taxable entity as defined by Texas Tax Code Chapter 171 (“Chapter 171”), then Supplier certifies that it is not currently delinquent in the payment of any Franchise Taxes due under Chapter 171, or that Supplier is exempt from the payment of those taxes, or that Supplier is an out-of-state taxable entity that is not subject to those taxes, whichever is applicable. A false certification will be deemed a material breach of contract and, at UTMBXxxxx University’s sole option, may result in termination of the Contract.

Tax Certification. If Supplier is a taxable entity as defined by Texas Tax Code Chapter 171 (“Chapter 171”), then Supplier certifies that it is not currently delinquent in the payment of any Franchise Taxes due under Chapter 171, or that Supplier is exempt from the payment of those taxes, or that Supplier is an out-of-state taxable entity that is not subject to those taxes, whichever is applicable. A false certification will be deemed a material breach of contract and, at UTMBXXXXX UNIVERSITY’s sole option, may result in termination of the Contract.