Common use of Taxes/Costs Clause in Contracts

Taxes/Costs. Each Party acknowledges that this Agreement may have U.S. federal and state tax (collectively, “Tax”) or other consequences, and that the Party is not relying on any other Party for advice, representations or communications as to any potential Tax or other consequences. This Agreement is enforceable regardless of its Tax or other consequences. The Parties agree that they shall bear their own costs and attorneys’ fees relating to or arising from the Litigation and to the documentation and negotiation of this Agreement.

Appears in 6 contracts

Samples: Settlement and License Agreement (Enzo Biochem Inc), Settlement and License Agreement (Enzo Biochem Inc), Settlement and License Agreement (Enzo Biochem Inc)

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Taxes/Costs. Each Party acknowledges that this Agreement may have U.S. federal and state tax (collectively, “Tax”) or other consequences, and that the Party is not relying on any other Party for advice, representations or communications as to any potential Tax or other consequences. This Agreement is enforceable regardless of its Tax or other consequences. The Parties agree that they shall bear their own costs and attorneys’ fees relating to or arising from the Litigation and to the documentation and negotiation of this Agreement. Enzo is solely responsible for its own Tax liability, if any, resulting from this Agreement.

Appears in 1 contract

Samples: Settlement and License Agreement (Enzo Biochem Inc)

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