Common use of ETA Election Clause in Contracts

ETA Election. The Buyer and the Seller shall, on the Closing Date, elect jointly under subsection 167(1) of the ETA, in the form prescribed for the purposes of that subsection, in respect of the sale and transfer of the Acquired Assets hereunder. The Buyer shall file such election with Revenue Canada, Excise not later than the day on which it is required to file its GST return for its reporting period which includes the Closing Date.

ETA Election. The Buyer Purchaser and the Seller Vendor shall, on the Closing Date, elect jointly under subsection 167(1) of the ETAETA and corresponding provincial legislation, in the form prescribed for the purposes of that subsection, in respect of the sale and transfer of the Acquired Purchased Assets hereunder. The Buyer Purchaser shall file such election elections with Canada Revenue Canada, Excise Agency or the appropriate Governmental Authority not later than the last day on which it is required to file its GST first return for its reporting period which includes the Closing Date.

ETA Election. The Buyer Vendor and the Seller Purchaser shall, on the Closing Dateclosing date, elect jointly under subsection 167(1) of the ETA, in the form prescribed for the purposes of that subsection, in respect of the sale and transfer of the Acquired Purchased Assets hereunder. The Buyer Purchaser shall file such election with the Canada Revenue Canada, Excise Agency not later than the day on which it is required to file its GST GST/HST return for its reporting period which includes the Closing Dateclosing date and shall provide evidence of such filing to the Vendor.