Common use of Tax Penalties Clause in Contracts

Tax Penalties. TAB may report any and all payments and benefits made or received under this Agreement to any taxing authority(s) as appropriate under applicable law. Nothing contained in this Agreement shall be construed as requiring TAB to compensate Sponsor for any adverse tax effects associated with any payments or benefits made or received under this Agreement.

Appears in 5 contracts

Samples: Sponsorship Agreement, Sponsorship Agreement, Event Sponsorship Agreement

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