Taxes on Income. Except as set forth in this Section 10.12 (Taxes) or Section 10.13 (VAT Credits), each Party will be solely responsible for the payment of any and all Taxes levied on account of all payments it receives under this Agreement.
Appears in 2 contracts
Samples: License and Collaboration Agreement (Zai Lab LTD), License and Collaboration Agreement (Blueprint Medicines Corp)
Taxes on Income. Except as otherwise set forth in this Section 10.12 10.11 (Taxes) or Section 10.13 (VAT Credits), each Party will be solely responsible for the payment of any and all Taxes levied on account of all payments it receives under this Agreement or imposed on its share of income arising directly or indirectly from the collaborative efforts of the Parties under this Agreement.
Appears in 2 contracts
Samples: License Agreement (Arcutis Biotherapeutics, Inc.), License Agreement (Arcutis Biotherapeutics, Inc.)
Taxes on Income. Except as set forth in this Section 10.12 (Taxes) 10.11 or Section 10.13 (VAT Credits)10.12, each Party will shall be solely responsible for the payment of any and all Taxes levied on account of all payments it receives under this Agreement.
Appears in 1 contract
Samples: Collaboration, Option, and License Agreement (Vir Biotechnology, Inc.)
