Common use of Guidance Note for clause 7 Clause in Contracts

Guidance Note for clause 7. 2: This clause provides that if GST is payable by the Licensor, then the Licensee will pay the Licensor the Fee plus any GST payable on that supply. GST (a) In this clause 7.2, words and expressions which have a defined meaning in the A New Tax System (Goods and Services Tax) Xxx 0000 (Cth) (GST Act) have the same meaning as in the GST Act. (b) The Fee payable under this Agreement is exclusive of GST. (c) If GST is payable by a supplier on any supply made under this Agreement: (i) the recipient, upon receiving a tax invoice from the supplier, will pay to the supplier an amount equal to the GST payable on the supply; and (ii) this amount will be paid in addition to, and at the same time, that the consideration for the supply is to be provided.

Guidance Note for clause 7. 2: This clause provides that if GST is payable by the Licensor, then the Licensee will pay the Licensor the Fee plus any GST payable on that supply. GST (a) In this clause 7.2, words and expressions which have a defined meaning in the A New Tax System (Goods and Services Tax) Xxx 0000 Act 1999 (Cth) (GST Act) have the same meaning as in the GST Act. (b) The Fee payable under this Agreement is exclusive of GST. (c) If GST is payable by a supplier on any supply made under this Agreement: (i) the recipient, upon receiving a tax invoice from the supplier, will pay to the supplier an amount equal to the GST payable on the supply; and (ii) this amount will be paid in addition to, and at the same time, that the consideration for the supply is to be provided.

Guidance Note for clause 7. 2: This clause provides that if GST is payable by the LicensorUniversity, then the Licensee Collaborator will pay the Licensor University the Fee plus any GST payable on that supply. GST (a) GST In this clause 7.2, words and expressions which have a defined meaning in the A New Tax System (Goods and Services Tax) Xxx 0000 Act 1999 (Cth) (GST Act) have the same meaning as in the GST Act. (b) . The Fee Fees payable under this Agreement is are exclusive of GST. (c) . If GST is payable by a supplier on any supply made under this Agreement: (i) : the recipient, upon receiving a tax invoice from the supplier, will pay to the supplier an amount equal to the GST payable on the supply; and (ii) and this amount will be paid in addition to, and at the same time, that the consideration for the supply is to be provided.

Guidance Note for clause 7. 2: This clause provides that if GST is payable by the LicensorUniversity, then the Licensee Collaborator will pay the Licensor University the Fee plus any GST payable on that supply. GST (a) In this clause 7.2, words and expressions which have a defined meaning in the A New Tax System (Goods and Services Tax) Xxx 0000 (Cth) (GST Act) have the same meaning as in the GST Act. (b) The Fee Fees payable under this Agreement is are exclusive of GST. (c) If GST is payable by a supplier on any supply made under this Agreement: (i) the recipient, upon receiving a tax invoice from the supplier, will pay to the supplier an amount equal to the GST payable on the supply; and (ii) this amount will be paid in addition to, and at the same time, that the consideration for the supply is to be provided.