GST Legislation. If applicable, the parties agree to elect that no tax be payable pursuant to the GST Legislation with respect to the sale under this Agreement. In such case, the Purchaser will file an election pursuant to the GST Legislation, made jointly by the parties, in compliance with the requirements of the GST Legislation.
Appears in 2 contracts
Samples: Divestiture Agreement (Hydrogenics Corp), Divestiture Agreement (Hydrogenics Corp)
GST Legislation. If applicable, the The parties agree to elect that no tax be payable pursuant to the GST Legislation with respect to the sale under pursuant to this Agreement. In such case, the The Purchaser will file an election pursuant to the GST Legislation, made jointly by the parties, in compliance with the requirements of the GST Legislation.
Appears in 1 contract
Samples: Asset Purchase Agreement (International Menu Solutions Corp)
GST Legislation. If applicable, the parties The Parties agree to make such filings and elections as may validly be made to elect that no tax be payable pursuant to the GST Legislation with respect to the sale under this Agreement. In such caseTo the extent as may be permitted by applicable law, the Purchaser Buyer will file an election pursuant to the GST Legislation, made jointly by the partiesParties, in compliance with the requirements of the GST Legislation. Prior to the Closing Buyer or any of its Affiliates purchasing the Acquired Assets shall have registered for purposes of the GST Legislation, as required.
Appears in 1 contract
