Common use of Indemnity and reimbursement payments Clause in Contracts

Indemnity and reimbursement payments. If one party must indemnify or reimburse another party for any loss or expense incurred by the payee, the required payment does not include any amount which the payee (or an entity that is in the same GST group as the payee) is entitled to claim as an input tax credit or would have been entitled to claim as an input tax credit had the other party registered for GST in the event that it was required or entitled to do so, but will be increased under cl 5.2 if the payment is consideration for a taxable supply.

Indemnity and reimbursement payments. If one party must indemnify or reimburse another party (“payee”) for any loss or expense incurred by the payee, the required payment does not include any amount which the payee (or an entity that is in the same GST group as the payee) is entitled to claim as an input tax credit or would have been entitled to claim as an input tax credit had the other party registered for GST in the event that it was required or entitled to do socredit, but will be increased under cl 5.2 clause 14.1 if the payment is consideration for a taxable supply.

Indemnity and reimbursement payments. ‌ If one party must indemnify or reimburse another party (payee) for any loss or expense incurred by the payee, the required payment does not include any amount which the payee (or an entity that is in the same GST group as the payee) is entitled to claim as an input tax credit Input Tax Credit or would have been entitled to claim as an input tax credit Input Tax Credit had the other party registered for GST in the event that it was required or entitled to do so, but will be increased under cl 5.2 clause 10.2 if the payment is consideration for a taxable supplyTaxable Supply.

Indemnity and reimbursement payments. If one party Party must indemnify or reimburse another party Party (Payee) for any loss or expense incurred by the payeePayee, the required payment does not include any amount which the payee Payee (or an entity that is in the same GST group as the payeePayee) is entitled to claim as an input tax credit or would have been entitled to claim as an input tax credit had the other party Party registered for GST in the event that if it was required or entitled to do so, but will be increased under cl 5.2 clause 10.1 if the payment is consideration for a taxable supply.

Indemnity and reimbursement payments. If one party must indemnify or reimburse another party (payee) for any loss or expense incurred by the payee, the required payment does not include any amount which the payee (or an entity that is in the same GST group as the payee) is entitled to claim as an input tax credit or would have been entitled to claim as an input tax credit had the other party registered for GST in the event that it was required or entitled to do socredit, but will be increased under cl 5.2 clause 23.1 (Recovery of GST) if the payment is consideration for a taxable supply.

Indemnity and reimbursement payments. If one party must indemnify or reimburse another party (payee) for any loss or expense incurred by the payee, the required payment does not include any amount which the payee (or an entity that is in the same GST group as the payee) is entitled to claim as an input tax credit or would have been entitled to claim as an input tax credit had the other party registered for GST in the event that it was required or entitled to do socredit, but will be increased under cl 5.2 clause 15.1 if the payment is consideration for a taxable supply.

Indemnity and reimbursement payments. ‌ If one party Party must indemnify or reimburse another party Party (Payee) for any loss or expense incurred by the payeePayee, the required payment does not include any amount which the payee Payee (or an entity that is in the same GST group as the payeePayee) is entitled to claim as an input tax credit or would have been entitled to claim as an input tax credit had the other party Party registered for GST in the event that if it was required or entitled to do so, but will be increased under cl 5.2 clause 10.1 if the payment is consideration for a taxable supply.