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’.
Sample 1Sample 2Sample 3See All (4)
AutoNDA by SimpleDocs
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’.
Sample 1Sample 2Sample 3See All (4)
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.
Sample 1
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.
Sample 1
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] Determination of VAT Status 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) ...
Sample 1
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).
Sample 1
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.
Sample 1
AutoNDA by SimpleDocs

Related to APPLICATION OF VAT

  • Application of Agreement 4.1 This Agreement applies to:

  • 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 Cash At Lender's option, Lender may apply any cash, whether included in the Collateral or received as Income and Proceeds or through liquidation, sale, or retirement, of the Collateral, to the satisfaction of the Indebtedness or such portion thereof as Lender shall choose, whether or not matured.

  • 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 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 respective 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, L/C Borrowings and other Obligations, ratably among the Lenders and the L/C Issuer in proportion to the respective amounts described in this clause Third payable to them;

  • Application of Collections On each Payment Date, all collections for the related Collection Period shall be applied by the Servicer as follows:

  • 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.

  • Application of Other Payments Except as otherwise provided in Section 2.15, prepayments of the Revolving Facility made pursuant to this Section 2.05(b), first, shall be applied ratably to the L/C Borrowings and the Swingline Loans, second, shall be applied to the outstanding Revolving Loans, and, third, shall be used to Cash Collateralize the remaining L/C Obligations; and, in the case of prepayments of the Revolving Facility required pursuant to clause (i), (ii), (iii), or (iv) of this Section 2.05(b), the amount remaining, if any, after the prepayment in full of all L/C Borrowings, Swingline Loans and Revolving Loans outstanding at such time and the Cash Collateralization of the remaining L/C Obligations in full (the sum of such prepayment amounts, cash collateralization amounts and remaining amount being, collectively, the “Reduction Amount”) may be retained by the Borrower for use in the ordinary course of its business, and the Revolving Facility shall be automatically and permanently reduced by the Reduction Amount as set forth in Section 2.06(b)(ii). Upon the drawing of any Letter of Credit that has been Cash Collateralized, the funds held as Cash Collateral shall be applied (without any further action by or notice to or from the Borrower or any other Loan Party or any Defaulting Lender that has provided Cash Collateral) to reimburse the L/C Issuer or the Revolving Lenders, as applicable. Within the parameters of the applications set forth above, prepayments pursuant to this Section 2.05(b) shall be applied first to Base Rate Loans and then to Eurodollar Rate Loans in direct order of Interest Period maturities. All prepayments under this Section 2.05(b) shall be subject to Section 3.06, but otherwise without premium or penalty, and shall be accompanied by interest on the principal amount prepaid through the date of prepayment.

Time is Money Join Law Insider Premium to draft better contracts faster.