Common use of Determination of Value for Tax Compliance Purposes Clause in Contracts

Determination of Value for Tax Compliance Purposes. (a) Subject to the right of final determination as provided under Section 2.9(b), the Parties agree to co-operate in determining a value for any property or service supplied pursuant to this Agreement for non-cash consideration. (b) If a Party supplying a property or service under this Agreement for non-cash consideration is required to collect Taxes in respect of such supply, or if a Party acquiring a property or service under this Agreement for non-cash consideration is required to self-assess for Taxes in respect of such property or service, that Party shall determine a value expressed in Canadian dollars for such property or service for purposes of calculating the Taxes collectable or self-assessable, as applicable.

Appears in 3 contracts

Samples: Transmission Service Agreement, New Brunswick Transmission Utilization Agreement, Mepco Transmission Rights Agreement

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Determination of Value for Tax Compliance Purposes. (a) Subject to the right of final determination as provided under Section 2.9(b4.2(b), the Parties agree to co-operate in determining a value for any property or service supplied pursuant to this Agreement for non-cash consideration. (b) If a Party supplying a property or service under this Agreement for non-cash consideration is required to collect Taxes in respect of such supply, or if a Party acquiring a property or service under this Agreement for non-cash consideration is required to self-assess for Taxes in respect of such property or service, that Party shall determine a value expressed in Canadian dollars for such property or service for purposes of calculating the Taxes collectable or self-assessable, as applicable.

Appears in 3 contracts

Samples: Transmission Service Agreement, Transmission Service Agreement, Transmission Service Agreement

Determination of Value for Tax Compliance Purposes. (a) Subject to the right of final determination as provided under Section 2.9(b2.6(b), the Parties agree to co-operate in determining a value for any property or service supplied pursuant to this Agreement for non-cash consideration. (b) If a Party supplying a property or service under this Agreement for non-cash consideration is required to collect Taxes in respect of such supply, or if a Party acquiring a property or service under this Agreement for non-cash consideration is required to self-assess for Taxes in respect of such property or service, that Party shall determine a value expressed in Canadian dollars for such property or service for purposes of calculating the Taxes collectable or self-assessable, as applicable.

Appears in 3 contracts

Samples: Lil Assets Agreement, Transmission Funding Agreement, Lease Agreement

Determination of Value for Tax Compliance Purposes. (a) Subject to the right of final determination as provided under Section 2.9(b7.2(b), the Parties agree to co-operate in determining a value for any property or service supplied pursuant to this Agreement for non-cash consideration. (b) If a Party supplying a property or service under this Agreement for non-cash consideration is required to collect Taxes in respect of such supply, or if a Party acquiring a property or service under this Agreement for non-cash consideration is required to self-assess for Taxes in respect of such property or service, that Party shall determine a value expressed in Canadian dollars for such property or service for purposes of calculating the Taxes collectable or self-assessable, as applicable.

Appears in 3 contracts

Samples: Mepco Transmission Rights Agreement, Transmission Funding Agreement, Lil Assets Agreement

Determination of Value for Tax Compliance Purposes. (a) Subject to the right of final determination as provided under Section 2.9(b11.2(b), the Parties agree to co-operate in determining a value for any property or service supplied pursuant to this Agreement for non-cash consideration. (b) If a Party supplying a property or service under this Agreement for non-cash consideration is required to collect Taxes in respect of such supply, or if a Party acquiring a property or service under this Agreement for non-cash consideration is required to self-assess for Taxes in respect of such property or service, that Party shall determine a value expressed in Canadian dollars for such property or service for purposes of calculating the Taxes collectable or self-assessable, as applicable.

Appears in 2 contracts

Samples: New Brunswick Transmission Utilization Agreement, Generator Interconnection Agreement

Determination of Value for Tax Compliance Purposes. (ai) Subject to the right of final determination as provided under Section 2.9(b), 5.7(g)(ii) the Parties agree to co-operate in determining a value for any property or service supplied pursuant to this Agreement for non-cash consideration. (bii) If a Party supplying a property or service under this Agreement for non-cash consideration is required to collect Taxes in respect of such supply, or if a Party acquiring a property or service under this Agreement for non-cash consideration is required to self-assess for Taxes in respect of such property or service, that Party shall determine a value expressed in Canadian dollars for such property or service for purposes of calculating the Taxes collectable or self-assessable, as applicable.

Appears in 2 contracts

Samples: Joint Operations Agreement, Joint Operations Agreement

Determination of Value for Tax Compliance Purposes. (a) Subject to the right of final determination as provided under Section 2.9(b3.2(b), the Parties agree to co-operate in determining a value for any property or service supplied pursuant to this Agreement for non-cash consideration. (b) If a Party supplying a property or service under this Agreement for non-cash consideration is required to collect Taxes in respect of such supply, or if a Party acquiring a property or service under this Agreement for non-cash consideration is required to self-assess for Taxes in respect of such property or service, that Party shall determine a value expressed in Canadian dollars for such property or service for purposes of calculating the Taxes collectable or self-assessable, as applicable.

Appears in 2 contracts

Samples: Energy and Capacity Agreement, Remedies Agreement

Determination of Value for Tax Compliance Purposes. (a) Subject to the right of final determination as provided under Section 2.9(b10.2(b), the Parties agree to co-operate in determining a value for any property or service supplied pursuant to this Agreement for non-cash consideration. (b) If a Party supplying a property or service under this Agreement for non-cash consideration is required to collect Taxes in respect of such supply, or if a Party acquiring a property or service under this Agreement for non-cash consideration is required to self-assess for Taxes in respect of such property or service, that Party shall determine a value expressed in Canadian dollars for such property or service for purposes of calculating the Taxes collectable or self-assessable, as applicable.

Appears in 1 contract

Samples: Power Purchase Agreement

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Determination of Value for Tax Compliance Purposes. (ai) Subject to the right of final determination as provided under Section 2.9(b8.8(g)(ii), the Parties agree to co-operate in determining a value for any property or service supplied pursuant to this Agreement for non-cash consideration. (bii) If a Party supplying a property or service under this Agreement for non-cash consideration is required to collect Taxes in respect of such supply, or if a Party acquiring a property or service under this Agreement for non-cash consideration is required to self-assess for Taxes in respect of such property or service, that Party shall determine a value expressed in Canadian dollars for such property or service for purposes of calculating the Taxes collectable or self-assessable, as applicable.

Appears in 1 contract

Samples: Joint Development Agreement

Determination of Value for Tax Compliance Purposes. (a) Subject to the right of final determination as provided under Section 2.9(b8.2(b), the Parties agree to co-operate in determining a value for any property or service supplied pursuant to this Agreement for non-cash consideration. (b) If a Party supplying a property or service under this Agreement for non-cash consideration is required to collect Taxes in respect of such supply, or if a Party acquiring a property or service under this Agreement for non-cash consideration is required to self-assess for Taxes in respect of such property or service, that Party shall determine a value expressed in Canadian dollars for such property or service for purposes of calculating the Taxes collectable or self-assessable, as applicable.

Appears in 1 contract

Samples: Lease Agreement

Determination of Value for Tax Compliance Purposes. (a) Subject to the right of final determination as provided under Section 2.9(b5.2(b), the Parties agree to co-operate in determining a value for any property or service supplied pursuant to this Agreement for non-cash consideration. (b) If a Party supplying a property or service under this Agreement for non-cash consideration is required to collect Taxes in respect of such supply, or if a Party acquiring a property or service under this Agreement for non-cash consideration is required to self-assess for Taxes in respect of such property or service, that Party shall determine a value expressed in Canadian dollars for such property or service for purposes of calculating the Taxes collectable or self-assessable, as applicable.

Appears in 1 contract

Samples: Nova Scotia Transmission Utilization Agreement

Determination of Value for Tax Compliance Purposes. (a) Subject to the right of final determination as provided under Section 2.9(b14.2(b), the Parties agree to co-operate in determining a value for any property or service supplied pursuant to this Agreement for non-cash consideration. (b) If a Party supplying a property or service under this Agreement for non-cash consideration is required to collect Taxes in respect of such supply, or if a Party acquiring a property or service under this Agreement for non-cash consideration is required to self-assess for Taxes in respect of such property or service, that Party shall determine a value expressed in Canadian dollars for such property or service for purposes of calculating the Taxes collectable or self-assessable, as applicable.

Appears in 1 contract

Samples: Interconnection Operators Agreement

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