Common use of Consideration exclusive of GST Clause in Contracts

Consideration exclusive of GST. For the avoidance of doubt, the parties agree that the supply of Shares pursuant to this Agreement is an exempt or zero-rated supply of a financial service and therefore not subject to GST. Except for the Break Fee, the Reverse Break Fee, the Pushpay Intentional Breach Damages and the Bidder Intentional Breach Damages (which are inclusive of GST, if any) all other stated amounts payable or consideration to be provided under or in connection with this Agreement do not include GST (“GST Exclusive Consideration”).

Consideration exclusive of GST. For the avoidance of doubt, the parties agree that the supply of Shares pursuant to this Agreement is an exempt or zero-rated supply of a financial service and therefore not subject to GST, a supply not made in the course of a GST taxable activity or a supply not made by a GST registered person. Except for the Break Fee, the Reverse Break Fee, the Pushpay Intentional Breach Damages Fee and the Bidder Intentional Breach Damages any damages payments under this Agreement (which are inclusive of GST, if any) ), all other stated amounts payable or consideration to be provided under or in connection with this Agreement do not include GST (“GST Exclusive Consideration”).