Common use of TAXES AND THE LIKE Clause in Contracts

TAXES AND THE LIKE. Any payments made hereunder are net and exclusive of all taxes, insurance, shipping and other charges. Company agrees to pay or reimburse SGI for all sales, use, value added, or other taxes, duties, importation fees or assessments with respect to this Agreement (excluding only taxes based on the payee's net income), or shall supply appropriate tax exemption certificates in form satisfactory to the taxing authority. The development fees and advance royalties payable under Section 7.1 shall be exclusive of all withholding taxes imposed by the laws of Japan. NCL shall be entitled to withhold and deduct from royalties payable under Section 7.2 withholding taxes imposed by the laws of Japan on the remission of royalties to the United States, provided that Company shall claim the benefits of the Treaty on the Avoidance of Double Taxation between Japan and the United States, and shall provide SGI with certificates of such withholding.

TAXES AND THE LIKE. Any payments made hereunder are net and exclusive of all taxes, insurance, shipping and other charges. Company agrees to pay or reimburse SGI for all sales, use, value added, or other taxes, duties, importation fees or assessments with respect to this Agreement (excluding only taxes based on the payee's net income), or shall supply appropriate tax exemption certificates in form satisfactory to the taxing authority. The development fees and advance royalties payable under Section 7.1 shall be exclusive of all withholding taxes imposed by the laws of Japan. NCL shall be entitled to withhold and deduct from royalties payable under Section 7.2 withholding taxes imposed by the laws of Japan on the remission of royalties to the United States, provided that Company shall claim the benefits of the Treaty on the Avoidance of Double Taxation between Japan and the United States, and shall provide SGI with certificates of such withholding.. 8. PROPRIETARY AND CONFIDENTIAL INFORMATION 8.1