Common use of Exclusions from Fees Clause in Contracts

Exclusions from Fees. Any payment due to Patheon under this MDA in consideration for the provision of Services by Patheon to Tricida is exclusive of value added taxes (“VAT”), turnover taxes, sales taxes or similar taxes, including any related interest and penalties (hereinafter all referred to as “Transaction Tax”). If any Transaction Tax is payable on a Service supplied by Patheon to Tricida under this MDA, this Transaction Tax will be added to the invoice amount as a separate line item and will be for the account of (and reimbursable to Patheon by) Tricida.

Appears in 2 contracts

Sources: Master Development/Validation Services and Clinical/Launch Supply Agreement (Tricida, Inc.), Master Development/Validation Services and Clinical/Launch Supply Agreement (Tricida, Inc.)