Tax Delinquency. Licensee must provide notice to the Judicial Council immediately if Licensee has reason to believe it may be placed on either (i) the California Franchise Tax Board’s list of 500 largest state income tax delinquencies, or (ii) the California Board of Equalization’s list of 500 largest delinquent sales and use tax accounts. The Judicial Council may terminate this Agreement immediately “for cause” if (a) Licensee fails to provide the notice required above, or (b) Licensee is included on either list mentioned above. EXHIBIT P TRANSACTION FEES Predevelopment.
Appears in 3 contracts
Samples: Site License Agreement, Site License Agreement, Site License Agreement
Tax Delinquency. Licensee must provide notice to the Judicial Council immediately if Licensee has reason to believe it may be placed on either (i) the California Franchise Tax Board’s list of 500 largest state income tax delinquencies, or (ii) the California Board of Equalization’s list of 500 largest delinquent sales and use tax accounts. The Judicial Council may terminate this Agreement immediately “for cause” if (a) Licensee fails to provide the notice required above, or (b) Licensee is included on either list mentioned above. EXHIBIT P TRANSACTION FEES Predevelopment.
Appears in 1 contract
Samples: Site License Agreement
