Consumption Tax Clause Samples

The Consumption Tax clause defines how taxes on goods and services, such as value-added tax (VAT) or sales tax, are handled within the agreement. It typically specifies whether prices stated in the contract include or exclude applicable consumption taxes, and clarifies which party is responsible for paying these taxes to the relevant authorities. This clause ensures transparency in pricing and prevents disputes over tax liabilities, thereby allocating responsibility for tax payments and promoting compliance with tax regulations.
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Consumption Tax. Hot spring Tax.
Consumption Tax. The borrower or driver shall pay the Company the consumption tax (including local consumption tax) imposed on the transaction under this contract.
Consumption Tax. (a) All amounts expressed to be payable under a Finance Document by any Party to the Lender which (in whole or in part) constitute the consideration for any supply for Consumption Tax purposes are deemed to be exclusive of any Consumption Tax which is chargeable on that supply and if Consumption Tax is or becomes chargeable on any supply made by the Lender to any Party under a Finance Document and the Lender is required to account to the relevant tax authority for the Consumption Tax, that Party must 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 the Consumption Tax (and the Lender must promptly provide an appropriate Consumption Tax invoice to that Party); and (b) Where a Finance Document requires any Party to reimburse or indemnify the Lender for any cost or expense, that Party shall reimburse or indemnify (as the case may be) the Lender for the full amount of such cost or expense, including such part thereof as represents Consumption Tax, save to the extent that the Lender reasonably determines that it is entitled to credit or repayment in respect of such Consumption Tax from the relevant tax authority.
Consumption Tax. Any prevailing consumption tax, including but not limited to any Goods and Services Tax, Value Added Tax, Sales Tax and Service Tax, or its equivalent and as from time to time modified.
Consumption Tax. The "renter" shall pay to the Company the consumption tax (including local consumption tax) that is levied on transactions under the "Agreement" and Detailed Regulations.
Consumption Tax. Members shall pay the consumption tax (including local consumption tax) imposed on monetary debt under the terms and conditions of this Agreement.
Consumption Tax. (a) All amounts set out or expressed in a Finance Document to be payable by any Party to a Finance Party which (in whole or in part) constitute the consideration for a supply or supplies for Consumption Tax purposes shall be deemed to be exclusive of any Consumption Tax which is chargeable on such supply, and accordingly, subject to paragraph (c) below, if Consumption Tax is or becomes chargeable on any supply made by any Finance Party to any Party under a Finance Document, that Party shall pay to the 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 Consumption Tax. (b) If Consumption Tax is or becomes chargeable on any supply made by any Finance Party (the "Supplier") to any other Finance Party (the "Recipient") under a Finance Document, and any Party other than the Recipient (the "Subject Party") is required by the terms of any Finance Document to pay an amount equal to the consideration for such supply to the Supplier (rather than being required to reimburse the Recipient in respect of that consideration), such Party shall also pay to the Supplier (in addition to and at the same time as paying such amount) an amount equal to the amount of such Consumption Tax. The Recipient shall promptly pay to the Subject Party an amount equal to any credit or repayment from the relevant tax authorities which the Recipient reasonably determines is in respect of such Consumption Tax. (c) Where a Finance Document requires any Party to reimburse a Finance Party for any cost or expense, that Party shall reimburse such Finance Party for the full amount of such cost or expense, including such part thereof as represents Consumption Tax, save to the extent that such Finance Party reasonably determines that neither it nor any other member of any group of which it is a member for Consumption Tax purposes is entitled to credit or repayment in respect of such Consumption Tax from the relevant tax authorities.
Consumption Tax. The renter shall pay to the Company the consumption tax that is levied on transaction under this Agreement.
Consumption Tax. JCOM shall bear an equivalent of consumption tax levied due to this Lease Contract and pay it without delay when requested by the management company of the Building.
Consumption Tax. ‌‌ 21.1 Unless otherwise stated in the PO, all prices for the Goods and Services are exclusive of consumption tax. 21.2 Supplier must issue to ▇▇▇▇▇ ▇▇▇▇▇ a tax invoice, and agrees to do anything else which may be reasonably required to enable or assist ▇▇▇▇▇ ▇▇▇▇▇ to claim or verify any input tax credit, set off, rebate or refund in relation to any consumption tax payable under the Contract.‌ 21.3 Where an amount is payable by Supplier pursuant to an indemnity or warranty under the Contract (Indemnity Amount), and ▇▇▇▇▇ ▇▇▇▇▇ is liable for consumption tax on the Indemnity Amount, Supplier must pay to ▇▇▇▇▇ ▇▇▇▇▇, in addition to the Indemnity Amount, at the same time and on the same basis as the Indemnity Amount, an amount which will place ▇▇▇▇▇ ▇▇▇▇▇ in the same position in relation to the Indemnity Amount as if the consumption tax had not been payable on it.