Taxes and Additional Charges. All license fees paid or payable by the Licensee for the license granted hereunder (this "License") do not include, and Licensor will be responsible for, any and all taxes, duties, levies, tariffs, and other governmental charges now or hereafter imposed by any governmental authority on the purchase or sale of this License or the use or possession of the Product by Licensee and/or its Affiliates; provided, that Licensee will be responsible for its own corporate franchise taxes and taxes based upon its own net income.
Appears in 2 contracts
Samples: Software License Agreement (Brek Energy Corp), Share Purchase Agreement (Brek Energy Corp)
Taxes and Additional Charges. All license fees paid or payable by the Licensee for the license granted hereunder (this "License") do not include, and Licensor will be responsible for, any and all taxes, duties, levies, tariffs, and other governmental charges now or hereafter imposed by any governmental authority on the purchase or sale of this License or the use or possession of the Product by Licensee and/or its Affiliates; provided, provided that Licensee will be responsible for its own corporate franchise taxes and taxes based upon its own net income.
Appears in 2 contracts
Samples: Software License Agreement (Brek Energy Corp), Share Purchase Agreement (Brek Energy Corp)