Common use of Taxes; Assessments Clause in Contracts

Taxes; Assessments. All amounts specified in the payment terms of the Agreement are exclusive of any applicable value added, use, sales, property, federal, state, local or other taxes, duties or assessments. Customer will pay or reimburse Covisint for all taxes and duties, however designated, which are levied or imposed by reason of the performance by Covisint under the Payment Terms, excluding, however, taxes based upon Covisint's net or gross income. Should Customer be required under any applicable law or regulation, domestic or foreign, to withhold or deduct any portion of the payments due to Covisint, then the sum payable to Covisint will be increased by the amount necessary to yield to Covisint an amount equal to the sum it would have received had no withholdings or deductions been made.