Common use of GOODS & SERVICES TAX Clause in Contracts

GOODS & SERVICES TAX. 27.1 The Borrower undertakes that as at the date of execution of this Loan Contract the Borrower is registered for GST and that the property so mortgaged may be subject to GST upon its sale. 27.2 The Borrower's GST No. is . 27.3 The Borrower shall forthwith advise the Mortgagee in writing should the Borrower terminate its registration with the Inland Revenue Department for GST pursuant to the Goods & Services Tax Act 1985.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

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GOODS & SERVICES TAX. 27.1 25.1 The Borrower undertakes that as at the date of execution of this Loan Contract the Borrower is registered for GST and that the property so mortgaged charged as security for this loan may be subject to GST upon its sale. 27.2 25.2 The Borrower's GST No. is to be advised. 27.3 25.3 The Borrower shall forthwith advise the Mortgagee Lender in writing should the Borrower terminate its registration with the Inland Revenue Department for GST pursuant Pursuant to the Goods & Services Tax Act 1985.

Appears in 1 contract

Samples: Loan Agreement

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GOODS & SERVICES TAX. 27.1 25.1 The Borrower undertakes that as at the date of execution of this Loan Contract the Borrower is registered for GST and that the property so mortgaged may be subject to GST upon its sale. 27.2 25.2 The Borrower's GST No. is . 27.3 25.3 The Borrower shall forthwith advise the Mortgagee in writing should the Borrower terminate its registration with the Inland Revenue Department for GST pursuant to the Goods & Services Tax Act 1985.

Appears in 1 contract

Samples: Loan Agreement

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