Common use of Value Added Tax Clause in Contracts

Value Added Tax. (i) All amounts set out or expressed in a Loan Document to be payable by any party to any Lender which (in whole or in part) constitute the consideration for a supply or supplies for VAT purposes shall be deemed to be exclusive of any VAT which is chargeable on such supply or supplies, and accordingly, subject to clause (ii) below, if VAT is or becomes chargeable on any supply made by any Lender to any party under a Loan Document, that party shall pay to the Lender (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of such VAT (and such Lender shall promptly provide an appropriate VAT invoice to such party).

Value Added Tax. (i) All amounts set out or expressed in to be payable under a Loan Document to be payable by any party to any Lender which (in whole or in part) constitute the consideration for a supply or supplies for VAT purposes shall be deemed to be exclusive of any VAT which is chargeable on such supply or suppliessupply, and accordingly, subject to clause (ii) below, if VAT is or becomes chargeable on any supply made by any Lender to any party under a Loan Document, that party shall pay to the Lender (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of such VAT (and such Lender shall promptly provide an appropriate VAT invoice to such party).

Value Added Tax. (ia) All amounts set out or expressed in a Loan Document to be payable under a Finance Document by any party Party to any Lender a Finance Party which (in whole or in part) constitute the consideration for a any supply or supplies for VAT purposes shall be are deemed to be exclusive of any VAT which is chargeable on such supply or suppliesthat supply, and accordingly, subject to clause paragraph (iib) below, if VAT is or becomes chargeable on any supply made by any Lender Finance Party to any party Party under a Loan DocumentFinance Document and such Finance Party is required to account to the relevant tax authority for the VAT, that party shall Party must pay to the Lender such Finance Party (in addition to and at the same time as paying any other the consideration for such supply) an amount equal to the amount of such the VAT (and such Lender shall Finance Party must promptly provide an appropriate VAT invoice to such partythat Party).

Value Added Tax. (i) All amounts set out or expressed in a Loan Document to be payable by any party to any Lender which (in whole or in part) constitute the consideration for a supply or supplies for VAT purposes shall be deemed to be exclusive of any VAT which is chargeable on such supply or supplies, and accordingly, subject to clause (iiSection 16.5(h)(ii) below, if VAT is or becomes chargeable on any supply made by any Lender to any party under a Loan Document, that party shall pay to the Lender (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of such VAT (and such Lender shall promptly provide an appropriate VAT invoice to such party).

Value Added Tax. (ia) All amounts set out out, or expressed in a Loan Finance Document to be payable by any party Party to any Lender a Finance Party which (in whole or in part) constitute the consideration for a supply or supplies for VAT purposes shall be deemed to be exclusive of any VAT which is chargeable on such supply or supplies, and accordingly, subject to clause paragraph (iib) below, if VAT is or becomes chargeable on any supply made by any Lender Finance Party to any party Party under a Loan Finance Document, that party Party shall pay to the Lender Finance Party (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of such VAT (and such Lender Finance Party shall promptly provide an appropriate VAT invoice to such partyParty).

Value Added Tax. (i) All amounts set out or expressed in a Loan Document to be payable by any party to any Lender which (in whole or in part) constitute the consideration for a supply or supplies for VAT purposes shall be deemed to be exclusive of any VAT which is chargeable on such supply or supplies, and accordingly, subject to clause (ii) below, if VAT is or becomes chargeable on any supply made by any Lender to any party under a Loan Document, that party shall pay to the Lender (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of such VAT (and such Lender shall promptly provide an appropriate VAT invoice to such party).

Value Added Tax. (i) All amounts set out or expressed in a Loan Document to be payable by any party to any Lender which (in whole or in part) constitute the consideration for a supply or supplies for VAT purposes shall be deemed to be exclusive of any VAT which is chargeable on such supply or supplies, and accordingly, subject to clause (ii) below, if VAT is or becomes chargeable on any such supply made by any Lender to any party under a Loan Document, that party shall pay to the Lender (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of such VAT (and subject to provision by such Lender shall promptly provide an appropriate of a valid VAT invoice to such partyinvoice).

Value Added Tax. (i) All amounts set out or expressed in a Loan Document to be payable by any party to any Lender which (in whole or in part) constitute the consideration for a supply or supplies for VAT purposes shall be deemed to be exclusive of any VAT which is chargeable on such supply or supplies, and accordingly, subject to clause (ii) below, if VAT is or becomes chargeable on any supply made by any Lender to any party under a Loan Document, that party shall pay to the Lender (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of such VAT (and subject to provision by such Lender shall promptly provide an appropriate of a valid VAT invoice to such partyinvoice).

Value Added Tax. (i) All amounts set out or expressed in to be payable under a Loan Document to be payable by any party to any Lender which (in whole or in part) constitute the consideration for a supply or supplies for VAT purposes shall be deemed to be exclusive of any VAT which is chargeable on such supply or suppliessupply, and accordingly, subject to clause (ii) below, if VAT is or becomes chargeable on any supply made by any Lender to any party under a Loan Document, that party shall pay to the Lender (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of such VAT (and subject to such Lender shall promptly provide an appropriate issuing a valid VAT invoice to such party).

Value Added Tax. (ia) All amounts set out or expressed in a Loan Senior Finance Document to be payable by any party Party to any Lender a Finance Party which (in whole or in part) constitute the consideration for a supply or supplies for VAT purposes shall be deemed to be exclusive of any VAT which is chargeable on such supply or supplies, and accordingly, subject to clause paragraph (iib) below, if VAT is or becomes chargeable on any supply made by any Lender Finance Party to any party Party under a Loan Senior Finance Document, that party Party shall pay to the Lender Finance Party (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of such VAT (and such Lender Finance Party shall promptly provide an appropriate VAT invoice to such partyParty), provided that the reverse charge mechanism does not apply.

Value Added Tax. (i) 9.6.1 All amounts set out in, or expressed in a Loan Finance Document to be payable by any party Party to any the Lender which (in whole or in part) constitute the consideration for a supply or supplies for VAT purposes shall be deemed to be exclusive of any VAT which is chargeable on such supply or supplies, and accordingly, subject to clause (ii) Clause 9.6.2 below, if VAT is or becomes chargeable on any supply made by any the Lender to any party Party under a Loan Finance Document, that party Party shall pay to the Lender (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of such VAT (and such the Lender shall promptly provide an appropriate VAT invoice to such partythat Party).

Value Added Tax. (i) All amounts set out or expressed in a Loan Document to be payable by any party to any Lender which (in whole or in part) constitute the consideration for a supply or supplies for VAT value added tax (“VAT”) purposes shall be deemed to be exclusive of any VAT which is chargeable on such supply or supplies, and accordingly, subject to clause paragraph (ii) below, if VAT is or becomes chargeable on any supply made by any Lender to any party under a Loan Document, that party shall pay to the Lender (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of such VAT (and such Lender shall promptly provide an appropriate VAT invoice to such party).

Value Added Tax. (ia) All amounts set out or expressed in a Loan Document to be payable under this Agreement by any party Party to any a Lender which (in whole or in part) constitute the consideration for a any supply or supplies for VAT purposes shall be are deemed to be exclusive of any VAT which is chargeable on such supply or suppliesthat supply, and accordingly, subject to clause paragraph (iib) below, if VAT is or becomes chargeable on any supply made by any Lender to any party Party under a Loan Documentthis Agreement and such Lender is required to account to the relevant tax authority for the VAT, that party shall Party must pay to the such Lender (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of such the VAT (and provided such Lender shall promptly provide provides an appropriate VAT invoice to such partythat Party).

Value Added Tax. (iA) All amounts set out or expressed in a Loan Document to be payable by any party to any Lender which (in whole or in part) constitute the consideration for a supply or supplies for VAT value added tax (“VAT”) purposes shall be deemed to be exclusive of any VAT which is chargeable on such supply or supplies, and accordingly, subject to clause subsection (iiB) below, if VAT is or becomes chargeable on any supply made by any Lender to any party under a Loan Document, that party shall pay to the Lender (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of such VAT (and such Lender shall promptly provide an appropriate VAT invoice to such party).

Value Added Tax. (i) All amounts set out or expressed in a Loan Document to be payable by any party to any Lender which (in whole or in part) constitute the consideration for a supply or supplies for VAT purposes shall be deemed to be exclusive of any VAT which is chargeable on such supply or supplies, and 100 accordingly, subject to clause (ii) below, if VAT is or becomes chargeable on any supply made by any Lender to any party under a Loan Document, that party shall pay to the Lender (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of such VAT (and subject to provision by such Lender shall promptly provide an appropriate of a valid VAT invoice to such partyinvoice).

Value Added Tax. (ia) All amounts set out or expressed in a Loan Document to be payable by any party to any Lender which (in whole or in part) constitute the consideration for a supply or supplies for VAT purposes shall be deemed to be exclusive of any VAT which is chargeable on such supply or supplies, and accordingly, subject to clause subsection (iib) below, if VAT is or becomes chargeable on any supply made by any Lender to any party under a Loan Document, that party shall pay to the Lender (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of such VAT (and such Lender shall promptly provide an appropriate VAT invoice to such party).

Value Added Tax. (i) All amounts set out or expressed in a Loan Document to be payable by any party to any Lender which (in whole or in part) constitute the consideration for a supply or supplies for VAT purposes shall be deemed to be exclusive of any VAT which is chargeable on such supply or supplies, and accordingly, subject to clause (iiSection 16.2(h)(ii) below, if VAT is or becomes chargeable on any supply made by any Lender to any party under a Loan Document, that party shall pay to the Lender (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of such VAT (and such Lender shall promptly provide an appropriate VAT invoice to such party).

Value Added Tax. (ia) All amounts set out out, or expressed in a Loan Document to be payable under a Finance Document by any party Party to any Lender a Finance Party which (in whole or in part) constitute the consideration for a supply or supplies for VAT purposes shall be deemed to be exclusive of any VAT which is chargeable on such supply or supplies, and accordingly, subject to clause paragraph (iib) below, if VAT is chargeable or becomes chargeable on any supply made by any Lender Finance Party to any party Party under a Loan Finance Document, that party Party shall pay to the Lender Finance Party (in addition to and at the same time as paying any other the consideration for such supply) an amount equal to the amount of such VAT (and such Lender Finance Party shall promptly provide an appropriate VAT invoice to such partyParty).

Value Added Tax. (ia) All amounts set out or expressed in a Loan Finance Document to be payable by any party Party to any Lender a Finance Party which (in whole or in part) constitute the consideration for a supply or supplies for VAT purposes shall be deemed to be exclusive of any Xxxxx Lovells VAT which is chargeable on such supply or supplies, and accordingly, subject to clause paragraph (iib) below, if VAT is or becomes chargeable on any supply made by any Lender Finance Party to any party Party under a Loan Finance Document, that party Party shall pay to the Lender Finance Party (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of such VAT (and such Lender Finance Party shall promptly provide an appropriate VAT invoice to such partyParty).

Value Added Tax. (i) All amounts set out or expressed in a Loan Document to be payable by any party to any Lender which (in whole or in part) constitute the consideration for a supply or supplies for VAT purposes shall be deemed to be exclusive of any VAT which is chargeable on such supply or supplies, and accordingly, subject to clause (ii) below, if VAT is or becomes chargeable on any supply made by any Lender to any party under a Loan DocumentDocument and a Lender is required to account for the VAT, that party shall pay to the Lender (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of such VAT (and such Lender shall promptly provide an appropriate VAT invoice to such party).

Value Added Tax. (i) 14.6.1 All amounts set out or expressed in a Loan Document to be payable under this Agreement by any party Party to any a Lender which (in whole or in part) constitute the consideration for a any supply or supplies for VAT purposes shall be are deemed to be exclusive of any VAT which is chargeable on such supply or suppliesthat supply, and accordingly, subject to clause paragraph (iib) below, if VAT is or becomes chargeable on any supply made by any Lender to any party Party under a Loan Documentthis Agreement and such Lender is required to account to the relevant tax authority for the VAT, that party shall Party must pay to the such Lender (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of such the VAT (and provided such Lender shall promptly provide provides an appropriate VAT invoice to such partythat Party).

Value Added Tax. (ia) All amounts set out or expressed in a Loan Document to be payable by any party to any Lender which (in whole or in part) constitute the consideration for a supply or supplies for VAT purposes shall be deemed to be exclusive of any VAT which is chargeable on such supply or supplies, and accordingly, subject to clause (ii) belowSection 5.12.7(ii), if VAT is or becomes chargeable on any supply made by any Lender to any party under a Loan Document, that party shall pay to the Lender (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of such VAT (and such Lender shall promptly provide an appropriate VAT invoice to such party).