Common use of Collection and Remittance Clause in Contracts

Collection and Remittance. Corporation has collected from each receipt from any of its past and present customers (or other Persons paying amounts to Corporation) the amount of all Taxes (including goods and services tax and provincial sales taxes) required to be collected and has paid and remitted such Taxes when due, in the form required under the appropriate legislation or made adequate provision for the payment of such amounts to the proper receiving authorities. The amount of Tax collected but not remitted by Corporation will be retained in its accounts and remitted by it to the appropriate authorities when due.

Collection and Remittance. The Corporation has collected from each receipt from any of its the past and present customers (or other Persons paying amounts to the Corporation) the amount of all Taxes (including goods and services tax and provincial sales taxes) required to be collected and has paid and remitted such Taxes when due, in the form required under the appropriate legislation or made adequate provision for the payment of such amounts to the proper receiving authorities. The amount of Tax collected but not remitted by the Corporation will be retained in its their respective accounts and remitted by it them to the appropriate authorities when due.

Collection and Remittance. Corporation The Company has collected from each receipt from any of its the past and present customers (or other Persons paying amounts to Corporationthe Company) the amount of all Taxes (including goods and services tax and provincial sales taxes) required to be collected and has paid and remitted such Taxes when due, in the form required under the appropriate legislation or made adequate provision for the payment of such amounts to the proper receiving authorities. The amount of Tax collected but not remitted by Corporation the Company will be retained in its their respective accounts and remitted by it them to the appropriate authorities when due.