Common use of Awards Subject to Applicable Law Clause in Contracts

Awards Subject to Applicable Law. All Awards shall be made in accordance with United States law and other applicable laws that: (i) may restrict or prohibit payment to Teams organized or domiciled in countries that are subject to United States sanctions; and (ii) may subject Team to United States tax liabilities, even if Team is organized or domiciled outside the United States of America.

Appears in 5 contracts

Samples: Xprize Competitor Agreement, Xprize Competitor Agreement, Competitor Agreement

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Awards Subject to Applicable Law. All Awards shall be made in accordance with United States law and any other applicable laws that: (i) may restrict or prohibit payment to Teams organized or domiciled in countries that are subject to United States sanctionscertain countries; (ii) impact eligibility for any of the reasons set forth in Section 3.1(A); and (iiiii) may subject Team to United States tax liabilities, even if Team is organized or domiciled outside the United States of America.

Appears in 1 contract

Samples: Competitor Agreement

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Awards Subject to Applicable Law. All Awards shall be made in accordance with United States law law, and other applicable laws that: (i) may restrict or prohibit payment to Teams organized or domiciled in countries that are subject to United States sanctions; and (ii) may subject Team to United States tax liabilities, even if Team is organized or domiciled outside the United States of America.

Appears in 1 contract

Samples: Xprize Competitor Agreement

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