Common use of Derived Benefit Locations Clause in Contracts

Derived Benefit Locations. This offering provides services for Customer’s licensed software. In certain jurisdictions in the United States, the IBM SaaS may be subject to a duty, tax, levy or fee (collectively, a "Tax"), based on the sales tax jurisdiction in which the benefit of the Managed Services is derived. Accordingly, the following applies to customers purchasing this offering in the United States: By accepting the terms of use for this offering, Customer is identifying the sole location where benefit is derived from the Managed Services (the "Derived Benefit Location") as the “ship to” address listed on the IBM order quotation that will be provided by IBM in conjunction with a purchase of the IBM SaaS. If the “ship to” address listed on the IBM order quotation is not the correct Derived Benefit Location or there are multiple Derived Benefit Locations, Customer must provide the IBM sales representative with the correct Derived Benefit Location information in writing prior to purchasing the Managed Services and accepting the terms of use for this offering. If the Derived Benefit Location changes at any time during the term of the IBM SaaS agreement, Customer must promptly notify IBM of the change in writing and is liable for any amounts that may be due to the relevant tax authorities as a result of any such change, including, but not limited to, any and all Taxes, fines, penalties or back payments.

Derived Benefit Locations. This offering provides services for Customer’s licensed software. In certain jurisdictions in the United States, the IBM SaaS may be subject to a duty, tax, levy or fee (collectively, a "Tax"), based on the sales tax jurisdiction in which the benefit of the Managed Services is derived. Accordingly, the following applies to customers purchasing this offering in the United States: By accepting the terms of use for this offering, Customer is identifying the sole location where benefit is derived from the Managed Services (the "Derived Benefit Location") as the “ship to” address listed on the IBM order quotation that will be provided by IBM in conjunction with a purchase of the IBM SaaS. If the “ship to” address listed on the IBM order quotation is not the correct Derived Benefit Location or there are multiple Derived Benefit Locations, Customer must provide the IBM sales representative with the correct Derived Benefit Location information in writing prior to purchasing the Managed Services and accepting the terms of use for this offering. If the Derived Benefit Location changes at any time during the term of the IBM SaaS agreement, Customer must promptly notify IBM of the change in writing and is liable for any amounts that may be due to the relevant tax authorities as a result of any such change, including, but not limited to, any and all Taxes, fines, penalties or back payments. 5.1 Automatic Renewal of a Subscription Period EUROPE, MIDDLE EAST, AFRICA (EMEA) COUNTRY AMENDMENTS BAHRAIN, KUWAIT, OMAN, QATAR, SAUDI ARABIA, AND UNITED ARAB EMIRATES 5.1 Automatic Renewal of a Subscription Period