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Common use of Minimization of Exposure to Value Added Tax Clause in Contracts

Minimization of Exposure to Value Added Tax. Each Party shall use Commercially Reasonable Efforts in assisting the other Party in minimizing any applicable value added tax.

Appears in 2 contracts

Sources: Collaboration and Distribution Agreement (Forest Laboratories Inc), Distribution and Development Agreement (Sepracor Inc /De/)

Related Clauses

  • Determination of Excise Tax Liability
  • Value Added Tax (VAT
  • Intent to Limit Charges to Maximum Lawful Rate
  • How Are Contributions to a ▇▇▇▇ ▇▇▇ Reported for Federal Tax Purposes
  • Value Added Taxes

Parent Clauses

  • Governance and Oversight
  • Change of Specifications
  • Taxes and Taxation
  • Indemnification, Liability and Insurance
  • Internet Domain for Product

Sub-Clauses

  • Pharmacovigilance
  • Duties to Inform
  • Compliance with Legal Requirements
  • Costs Associated with Field Alert Product Recall or Market Withdrawal
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