VAT on Payments. All payments due under this Agreement are exclusive of VAT. If any VAT is chargeable in respect of amounts payable pursuant to this Agreement, VAT shall be charged at the applicable rate required by applicable Law and the party making such payment shall pay the VAT amount on receipt of a VAT invoice in the appropriate form.
Appears in 2 contracts
Samples: Collaboration and Option Agreement (Homology Medicines, Inc.), License and Collaboration Agreement (Alpine Immune Sciences, Inc.)
VAT on Payments. All payments due under this Agreement are exclusive of VAT. If any VAT is chargeable in respect of amounts payable pursuant to this Agreement, VAT shall be charged at the applicable rate required by applicable Law and the party Party making such payment shall pay the VAT amount on receipt of a VAT invoice in the appropriate form.
Appears in 1 contract
VAT on Payments. All payments due under this Agreement are exclusive of VAT. If any VAT is chargeable in respect of amounts payable pursuant to this Agreement, VAT shall be charged at the applicable rate required by the applicable Law and the party making recipient of such payment shall pay the VAT amount on receipt of a VAT invoice in the appropriate form.
Appears in 1 contract
Samples: Collaboration and License Agreement (Arrowhead Pharmaceuticals, Inc.)