Tax Treatment for Indemnification Payments. Any indemnification payments made pursuant to this Article 7 will be treated as an adjustment to the Purchase Price for U.S. federal income tax to the fullest extent permitted by applicable law.
Appears in 2 contracts
Samples: Royalty Purchase Agreement (Ionis Pharmaceuticals Inc), Royalty Purchase Agreement (Arrowhead Pharmaceuticals, Inc.)
Tax Treatment for Indemnification Payments. Any indemnification payments made pursuant to this Article 7 ARTICLE 8 will be treated as an adjustment to the Purchase Price for U.S. federal income tax purposes to the fullest extent permitted by applicable law, except to the extent otherwise required pursuant to a “determination,” within the meaning of Section 1313(a) of the US Code.
Appears in 1 contract
Samples: Revenue Participation Right Purchase and Sale Agreement (Ascendis Pharma a/S)
Tax Treatment for Indemnification Payments. Any indemnification payments made pursuant to this Article 7 8 will be treated as an adjustment to the Purchase Price for U.S. federal income tax purposes to the fullest extent permitted by applicable law.
Appears in 1 contract
Samples: Synthetic Royalty Purchase Agreement (Dare Bioscience, Inc.)
Tax Treatment for Indemnification Payments. Any indemnification payments made pursuant to this Article 7 ARTICLE 8 will be treated as an adjustment to the Purchase Price for U.S. federal income tax purposes to the fullest extent permitted by applicable lawLaw, except to the extent otherwise required pursuant to a “determination” within the meaning of Section 1313(a) of the US Code.
Appears in 1 contract
Samples: Revenue Participation Right Purchase and Sale Agreement (scPharmaceuticals Inc.)
Tax Treatment for Indemnification Payments. Any indemnification payments made pursuant to this Article 7 will be treated as an adjustment to the Purchase Price for U.S. federal income tax to the fullest extent permitted by applicable lawApplicable Law.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Agios Pharmaceuticals, Inc.)
Tax Treatment for Indemnification Payments. Any indemnification payments made pursuant to this Article 7 8 will be treated as an adjustment to the Purchase Price for U.S. federal income tax purposes to the fullest extent permitted by applicable law.. ARTICLE 9
Appears in 1 contract
Samples: Traditional Royalty Purchase Agreement (Dare Bioscience, Inc.)
