APPLICATION OF VAT Sample Clauses

APPLICATION OF VAT. The onus shall be on the Contractor to ascertain the general conditions with regard to the application of VAT to translation and post-editing services in the country in which he is resident for tax purposes or has his registered office. If the laws to which he is subject require the Contractor to pay VAT on fees received under this contract, he shall clearly indicate on the invoice the body to whom the translation and post-editing services are rendered and show separately the fee and the amount of VAT payable. In such cases, payment to the Contractor shall also include the amount of VAT charged. In the case of translation and post-editing services provided within the European Union, Contractors who are not liable to pay VAT on fees for such services shall include on the invoice the words ‘Exempt from VAT pursuant to Article 151(1)(aa) of Directive 2006/112/EC’.
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APPLICATION OF VAT. The onus shall be on the Contractor to ascertain the general conditions with regard to the application of VAT to translation services in the country in which he is resident for tax purposes or has his registered office. If the laws to which he is subject require the Contractor to pay VAT on fees received under this contract, he shall clearly indicate on the invoice the body to whom the translation services are rendered and show separately the fee and the amount of VAT payable. In such cases, payment to the Contractor shall also include the amount of VAT charged. In the case of translation services provided within the European Union, Contractors who are not liable to pay VAT on fees for such services shall include on the invoice the words ‘Exempt from VAT pursuant to Article 151(1)(aa) of Directive 2006/112/EC’.
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APPLICATION OF VAT. The SUBLESSEE is under the obligation to pay the Value Added Tax rate that corresponds at all times, and which is applied to the total of the items that make up the rent receipt.
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APPLICATION OF VAT. All amounts stated to be payable by either Party under this Project Agreement shall be exclusive of any amounts in respect of VAT properly chargeable thereon.
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APPLICATION OF VAT. The Unitary Charge together with any other payments due pursuant to this Project Agreement will be exclusive of VAT, and all payments to be made under this Project Agreement will be regarded as exclusive of VAT properly chargeable thereon. The recipient of any supply for VAT purposes under this Project Agreement will pay to the supplier, a sum equal to the VAT chargeable on the value of such supply, upon presentation of a VAT invoice in accordance with Part [  ] of Schedule 15 (Payment Mechanism). Any overpayment by the recipient of any such amount in respect of VAT to the supplier will be a sum of money recoverable for the purposes of Clause 24 (Payment). PPP Co. will, if so requested by the Authority, furnish such information as may be reasonably required by the Authority as to the amount of VAT chargeable in respect of any supply made under this Project Agreement. If the Unitary Charge is increased or decreased, or if a sum of money will become due for payment by or to the Authority, any monies thereby payable will have added to them a sum equal to any appropriate adjustment in respect of VAT so as to ensure that the net amount actually paid in respect of VAT is such amount as is properly chargeable by reference to the final value of the goods and/or services supplied under this Project Agreement. The Parties will co-operate fully in achieving this objective, including by way of the issue of appropriate valid credit notes and the issue of further valid VAT invoices. [Change in assumed scope of VAT If any supply under this Project Agreement is an exempt supply for VAT purposes and, as a result, one Party suffers an amount of irrecoverable input VAT in respect of the Project, then the other Party will pay compensation to the Party that suffers irrecoverable input VAT as if the irrecoverable input VAT arose as a result of a Qualifying Change in Law.23] Not less than [eighty (80)] Business Days before the anticipated date for payment of VAT referred to in Clause 27.1(a) (Application of VAT), PPP Co. will consult with the Revenue Commissioners to agree the approach to be taken by the Revenue Commissioners for the purposes of calculation of VAT. PPP Co. will liaise with the Authority following such consultation. To the extent that the Authority disagrees or otherwise objects to the approach, or decision of the Revenue Commissioners, PPP Co. will provide all necessary assistance and support (at no additional cost to the Authority) to the Authority in liaising...
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APPLICATION OF VAT. (a) The Unitary Charge together with any other payments due pursuant to this Project Agreement will be exclusive of VAT, and all payments to be made under this Project Agreement will be regarded as exclusive of VAT properly chargeable thereon. The recipient of any supply for VAT purposes under this Project Agreement will pay to the supplier, a sum equal to the VAT chargeable on the value of such supply, upon presentation of a VAT invoice in accordance with Part [ • ] of Schedule 15 (Payment Mechanism). Any overpayment by the recipient of any such amount in respect of VAT to the supplier will be a sum of money recoverable for the purposes of Clause 24 (Payment).
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APPLICATION OF VAT. The Landlord declares that it chose the application of VAT to the lease agreed upon, which is accepted by the Tenant. This tax shall be paid by the Tenant, the same as any other tax that replaces or is added to it.
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Related to APPLICATION OF VAT

  • Application of Agreement If the Company has secured work outside of the County of Cumberland, an employee whom normally works within the County of Cumberland: i) Will be paid at the rates outlined in this agreement if specifically requested by the Company to work on that site. ii) May be offered work at that location at the rates that apply for that area and if applicable, taking into account clause 27, Distant Work. iii) May determine that redundancy would be more appropriate. Where there is any inconsistency between this Agreement and the Parent Award, the Agreement shall prevail to the extent of the inconsistency.

  • Application of clause (1) Clause 11 applies if the Buyer, Seller and each Financial Institution involved in the transaction agree to an Electronic Settlement using the same ELNO System and overrides any other provision of this contract to the extent of any inconsistency. (2) Acceptance of an invitation to an Electronic Workspace is taken to be an agreement for clause 11.1(1). (3) Clause 11 (except clause 11.5( 3)) ceases to apply if either party gives notice under clause 11.5 that settlement will not be an Electronic Settlement.

  • Application of Receipts Except as expressly stated to the contrary in any Finance Document, any moneys which the Facility Agent receives or recovers in its capacity as Facility Agent shall be applied by the Facility Agent in accordance with Clause 35.5 (Application of receipts; partial payments).

  • Application of Funds After the exercise of remedies provided for in Section 8.02 (or after the Loans have automatically become immediately due and payable and the L/C Obligations have automatically been required to be Cash Collateralized as set forth in the proviso to Section 8.02), any amounts received on account of the Obligations, subject to the provisions of Sections 2.13 and 2.14, shall be applied by the Administrative Agent in the following order: First, to payment of that portion of the Obligations constituting fees, indemnities, expenses and other amounts (including fees, charges and disbursements of counsel to the Administrative Agent and amounts payable under Article III) payable to the Administrative Agent in its capacity as such; Second, to payment of that portion of the Obligations constituting fees, indemnities and other amounts (other than principal, interest and Letter of Credit Fees) payable to the Lenders and the L/C Issuer (including fees, charges and disbursements of counsel to the respective Lenders and the L/C Issuer and amounts payable under Article III), ratably among them in proportion to the amounts described in this clause Second payable to them; Third, to payment of that portion of the Obligations constituting accrued and unpaid Letter of Credit Fees and interest on the Loans and L/C Borrowings, ratably among the Lenders and the L/C Issuer in proportion to the respective amounts described in this clause Third held by them; Fourth, to (a) payment of that portion of the Obligations constituting unpaid principal of the Loans and L/C Borrowings and (b) Cash Collateralize that portion of L/C Obligations comprised of the aggregate undrawn amount of Letters of Credit, ratably among the Lenders and the L/C Issuer in proportion to the respective amounts described in this clause Fourth held by them; and Last, the balance, if any, after all of the Obligations have been paid in full, to the Borrower or as otherwise required by Law. Subject to Section 2.03(c) and Section 2.13, amounts used to Cash Collateralize the aggregate undrawn amount of Letters of Credit pursuant to clause Fourth above shall be applied to satisfy drawings under such Letters of Credit as they occur. If any amount remains on deposit as Cash Collateral after all Letters of Credit have either been fully drawn or expired, such remaining amount shall be applied to the other Obligations, if any, in the order set forth above.

  • Application of Terms Grantee shall advise any sub-grantee of funds awarded through this Agreement of the requirements imposed on them by federal and state laws and regulations, and the provisions of this Agreement. The terms of this Agreement shall apply to all subawards authorized in accordance with Paragraph 17.1. 2 CFR 200.101(b)(2).

  • Application of Collections All collections for the Collection Period shall be applied by the Servicer as follows: (a) With respect to each Receivable (other than a Purchased Receivable or a Sold Receivable), payments by or on behalf of the Obligor, (other than Supplemental Servicing Fees with respect to such Receivable, to the extent collected) shall be applied to interest and principal in accordance with the Simple Interest Method. (b) All amounts collected that are payable to the Servicer as Supplemental Servicing Fees hereunder shall be deposited in the Collection Account and paid to the Servicer in accordance with Section 5.7(a).

  • Application of Net Proceeds The Company shall apply the net proceeds from the Offering received by it in a manner consistent with the application thereof described under the caption “Use of Proceeds” in the Registration Statement, the Pricing Disclosure Package and the Prospectus.

  • Application of Law The Lessee shall comply with all laws, ordinances, regulations, and other legal requirements affecting the Premises and the use thereof, and the Lessee shall indemnify, defend, and hold the Lessor harmless from expense or damage resulting from failure to do so.

  • Application of Payments Landlord shall have the right to apply payments received from Tenant pursuant to this Lease, regardless of Tenant’s designation of such payments, to satisfy any obligations of Tenant hereunder, in such order and amounts as Landlord, in its sole discretion, may elect.

  • Application of Payment The monthly housing assistance payment shall be credited against the monthly rent to owner for the contract unit.

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